Clariant business heads at ficci&39s second international conference on specialty chemicals guidance on regulatory issues and trends reflects clariant&39s commitment to support customers&39 sustainability mumbai india, june 26, 2012 clariant urged india&rsquos colorant and personal care industries to improve their business sustainability by considering current trends and preparing for the future, at the federation of indian chambers of commerce&rsquos ficci recently concluded &lsquospecialty chemicals conclave 2012&rsquo in mumbai.
As part of its commitment to support the success and growth of its customers worldwide, the specialty chemicals expert is proactive in identifying active and legislative trends influencing development opportunities and future direction of sectors. At this conclave, regional business heads from clariant in india highlighted trends within the indian personal care sector, and environmental issues and regulations, such as the shift in india to stringent adherence of regulations, impacting the colorant market. In his presentation &ldquotrends in the indian personal care market&rdquo, dr alexander snell, head of business unit industrial & consumer specialties, clariant chemicals india ltd emphasized the stability of the personal care market despite economic crisis, and india&rsquos position as one of the countries with the highest global growth rates for personal care.
Dr snell identified the key trends impacting india&rsquos personal care market ï&sbquo§ biobased products find high traction safety aspect ï&sbquo§ higher valueadded brands grow faster e.g. The body shop ï&sbquo§ the younger generation has a wider appealpreference with quality global brands ï&sbquo§ slow change from old formats bars, oils, talcum powder to more modern formats liquid soap, hand sanitizer, 2in1 shampoos, deodorants ï&sbquo§ men&rsquos grooming takes off creams, deodorants clariant is responding to these trends with its new biobased product line, velsan&trade, which not only meets requirements for biobased products but also offers additional value such as skin repair, and exceptional moisturizing and hair repair qualities. For the colorant sector, dr.
Dileep wakankar, head of product stewardship india &ndash clariant chemicals india ltd., delivered a lecture on &ldquopigments &ndash regulatory issues&rdquo. In addition to indicating the importance of colorants in everyday life, dr wakankar covered the environmental implications associated with selected colorants, and gave global illustrations of regulations affecting food contact and packaging inks.
He briefed the audience about european, american and chinese regulations and outlined differentiation with india&rsquos current restrictions. &ldquoit is only a matter of time until similar regulations and restrictions will be enforced in india in the interest of human health and environmental safety. To ensure sustained business the country&rsquos colorant industry needs to prepare itself for compliance with such regulations,&rdquo commented dr wakankar. The specialty chemicals conclave2012 titled &ldquothe rise of india in the global specialty chemicals industry&rdquo was organized by ficci and the department of chemicals & petrochemicals, government of india.