• Pankaj Jain and HSIIDC sign a joint-sector agreement for a project in Jind, Haryana

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• Project focuses on 100% import substitute specialty chemicals, for leather and textiles

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• R&D starts on high value-add auxiliaries like waxes, touch modifiers first time in India

• HARYANA signs a technology transfer with ICAP-SIRA, Italy for leather finishing chemicals

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• HARYANA also signed a similar technology transfer with Smit & Zoon, Holland for fatliquors

• European team assists and trains HARYANA team to install lab & production set-up

• HARYANA and ICAP-SIRA expand their partnership to develop acrylic emulsion

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• ICAP-SIRA’s financial and technological investments support in building emulsion lab and manufacturing set-up

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• HARYANA becomes the 1 st in India to introduce cross-linking polymer emulsions for leather

• HARYANA is granted permission to set-up a 100% EOU facility

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• Export of its specialty chemicals, including acrylics, begins to neighboring countries: China, Bangladesh, Indonesia

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• Eventually, HARYANA expands its network to 20+ countries

• Re-map of all processes to define clear and actionable sustainability goals

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• By 2010, reduce waste-water to 1/5 th , leading to ZLD – zero liquid discharge status

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• By 2015, transition from solvent to water-based coatings, polymers

• Diversify acrylics beyond leather chemicals, setting the foundation for PVC additives

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• Start research on Acrylic Impact Modifier and Processing Aids through in-house lab-scale set-up

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• Develop pilot-scale acrylic reactor and spray-drier set-up

• Set-up our full-scale iconic 4000MT p.a pressure nozzle spray-tower for PVC additives

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• Launch PVC additives branded under “Paracryl” series

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• Ongoing R&D as product is 80% fit for market, continued work on quality improvement

• Re-brand and create new division named AKRELON to prioritize PVC additives as key project

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• Deep-dive benchmarking study to optimize product quality and compete with European brands

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• Expand techno-commercial team to provide Indian PVC processors with direct technical support