Dye and pigments
The primary application of Dyes and pigments is to provide colour to materials, whether they are textiles or paints.
While dyes are soluble in mediums like water, pigments a must be converted to a coarser powder after which it is mixed with a dispersing agent
before application.
The difference between the nature of dyes and pigments leads to vastly different uses. On one hand, dyes are mainly used in the textile and paper market whereas pigments find applications in industries like colouring paints, inks, cosmetics, and plastics.
While the application of both dyes and pigments is to give colours to materials, both of them differ widely in terms of the materials they can be applied to as well as the way they function. Dyes can be used with a dye solution (dyes dissolved in water) as well as directly,
depending on the chemical composition of the dye and the material being dyed. Thus, it is an important part of any dyeing process is to find a material onto which the dye can attach itself.
A pigment cannot be directly applied to a material. It must be done with at least two parts, although usually more are used, commonly known as the pigment and the vehicle. The third part usually used is called Thinner. Each of the component involved has a distinct function.
A vehicle is responsible for carrying the pigment to the surface whereas a thinner would be used if the vehicle is too viscous, and therefore difficult to apply on the surface. Once a mixture of these three is applied, the thinner quickly evaporates and what remains evenly spread
On surface .
Dyes are usually water soluble- used for coloring textiles, paper and other substances while pigments are used for coloring paints, inks, cosmetics and plastics.
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Caustic soda industry per Gyan ( Source chemicals weekly )
Caustic soda can be manufactured through
1-diaphragm cell
2-mercury cell
3-membrane cell technologies.
Manufacturing it using diaphragm cell technology has become obsolete and is no longer in use in India.
Furthermore, due to environmental concerns associated with the mercury cell technology,
the sector has gradually transitioned from mercury cell to membrane cell technology, which is co-friendly and
consumes 25% lesser energy.
India had been using mercury cell technology for
a long time, which made Indian caustic
soda costlier on the back of higher pollution control and power cost involved in manufacturing through this technology. India faced threat of heavy dumping from other countries wherein cost
Fineotex Chemical Ltd ( My Observation ,no recommendations )
Market Cap 1,232 Cr.
Current Price 111
High / Low 120 / 29.2
Book Value 18.9
Promotors holding-around 65% ( In Last 3 yrs from 72.36 to 64.72 and last few month 64.72 to 64.82)
-OPM betwee 18-19% ( consolidated )in last 3-4 yrs
standalone between 20-25%
-sales growth last 3 yrs 16% and profit growth 23%
- Almost debt free
- High debtor days
-Good ROCE and ROE
EBITDA Margins - Company is hopeful for maintaining margins of 18-19%
Valiant organics AR-
You would be delighted to know that we completed the
expansion of ammonolysis capacity at Vapi plant. We also completed expansion of Phase I of Para Amino Phenol (PAP),while the expansion of Ortho Amino Phenol (OAP) is still in process.
-PAP has been identified as key intermediates of
pharmaceutical products.
We have commenced preparation on the production of drug intermediates. Our strategy is to produce drug intermediates to reduce the imports of these products.
On the other hand, we have been increasingly considering forward integration
of Paracetamol in the future. All these will enable us to
cater to the growing demand for drug intermediates
and APIs in the end-user industries, particularly, the
pharmaceuticals industry
Pigments per Gyan
There are two primary types of pigments —organic and inorganic.
1-INORGANIC PIGMENTS
Inorganic pigments are not based on carbon chains and rings. Instead, they consist of dry ground minerals, usually metals and metallic salts.
Because of their composition, inorganic pigments are usually more opaque and more insoluble than organic pigments. In general, inorganic pigments are the most commonly used in industry, favored for their lightfastness and low cost.
inorganic pigments tend to be a popular choice in industry for numerous reasons, but they do have their drawbacks. Some of the most significant positive and negative properties of inorganic pigments are:
Hydrogen per Gyan ( From ET energy world)
-India produced 15,311 petajoules of energy in 2020 of which 81% was derived from fossil fuels such as coal, oil, and natural gas. In fact, fossil fuels have been the fuel of choice for decades
despite causing permanent damage to our environment. With India estimated to produce 35,825 petajoules of energy by 2040 according to The International Energy Agency (IEA), transitioning to an alternative clean energy source is the need of the hour
Nuclear energy is an excellent option, but because of geopolitics (nuclear fuel can be made weapon-grade and invite international sanctions), it is less preferred. Harnessing energy from renewables such as hydro, solar, and wind is fast becoming the choice of future investments
PET bottles Recycling options ( Source chemical weekly)
PET bottles have a higher recycling rate than any other type of plastic, but even this success story is only a modest one:
globally,close to half of PET is not collected for recycling (and typically ends up in landfill
and only 7% is recycled bottle-to-bottle.
In India, however, the story is very different. Recycling rates here are in the range of 85-90%, with the caveat that this is not bottle-to-bottle,
but bottle-to-fibre.
This is for several reasons: PET bottles are easy to spot, collect, segregate and transport to recycling centres;
the technology is fairly mature; and India still has a large and growing demand for polyester fibre. What’s also important is that unlike
other packaging systems,