Vipul Organics Limited, The BSE Listed Specialty Chemicals Company, Ventures Into the Paper Segment in a Big Way

Initial client wins include Tamil Nadu Paper Limited, Andhra Paper, etc. Setting up a state-of-the-art R&D lab for the paper category at its Ambernath Plant Expects turnover of 50 Cr from the segment in the next three years

Vipul Organics Limited, the BSE listed (VIPULORG / 530627) leading Specialty Chemicals company in the pigments and dyes segment, has ventured into the Paper segment in the domestic market.

Vipul Organics worked closely on its product innovation and over a period of 12-18 months created product lines completely focused on the segment, before launching them into the market. This innovation in product lines with Paper focused Dispersions and Dyes has been appreciated by the industry and the initial client wins include leading players like Tamil Nadu Paper Limited, Andhra Paper, etc.

Paper dyes are dyes used to change or add to the colour of paper. Paper dyes are coloured matter soluble in the medium of application. The global Paper Dyes market size was at USD 1.03 billion in 2022 and is expected to grow till USD 1.47 billion by 2029, at a Compounded annual growth rate (CAGR) of 4.20%. Paper dyes market is going to be the fastest growing amongst Dyes and Pigments. It is expected that almost 43% of it will be dominated by the Asia Pacific region.

“With so much excitement in the category, it was obvious that we had to seriously look at the Paper business. We were gratified by client response and are already working with the leading players in the segment. This also forced us to go back to the drawing board to create a strong R&D lab which looks at customer requirements and create solutions to their pain points. A state-of-the-art lab is being set up and will be fully functional shortly”, says Mr. Vipul P Shah, Chairman and Managing Director, Vipul Organics Limited.

“We wish to be the largest suppliers of colorants to the paper industry and this will significantly add to our bottom line. This year, we expect 5-8% of our revenues to come from Paper segment. In addition, we expect Paper Dispersions and Dyes to contribute around 50 crore to our topline in the next 3-4 years”, he adds.

Vipul Organics has already launched its complete range of products under two categories:

• SunPulp Dispersions: This range of pigment dispersions is developed exclusively for the paper application.
• SunDirect Dyes: This range of Direct Dyes is for paper coating application.

According to Invest India, one of the primary growth drivers for the paper dyes market is the increasing packaging market. The packaging paper and cardboard segment is expected to account for 35.7 percent of the total packaging industry, which is expected to reach USD$ 1.05 trillion in 2024. The market for paper dyes is expected to expand primarily due to the rising demand for cardboard from various sectors for packing reasons. In addition, the booming e-commerce sector and meal delivery services will support the expansion of this market. It is anticipated that in the near future, the rising demand for paper dye in writing, printing for periodicals, and newspapers will further contribute to boosting the market’s sales forecasts.

www.vipulorganics.com

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Medica 2023 + Compamed 2023: “Where Healthcare is Going” – The Leading Motif is Reflected in a Wide Variety of Formats

The entire value chain of medical care, product development and manufacture in focus at one location

The medical technology market is in worldwide motion and the signs ahead of MEDICA 2023 and COMPAMED 2023 in Düsseldorf as the internationally leading trade fairs for the medical technology industry and related suppliers (trade fair 13–16 November) could hardly be more exciting. The prices for energy, raw materials, services and many goods are rising. At the same time, health care budgets especially in the publicly financed health sectors of many countries continue to be strongly limited. And yet, investments in new procedures, for example within the field of Artificial Intelligence, seem lucrative due to in part remarkable leaps in technology. “In the face of these limiting conditions, business relations are being reconsidered and negotiated anew. Therefore it is important for everyone with something to say or decide in the health business to keep current. MEDICA and COMPAMED will once again offer the best options for professional dialogue, good business and increased networking”, says Christian Grosser, Director Health & Medical Technologies at Messe Düsseldorf, with an enthusiastic view towards both events.

In mid-November, a total of more than 5,000 exhibiting companies (700 of whom at COMPAMED) will showcase the entire value chain of medical and medical technological products with their innovations – including all steps from product development, manufacture and after sales services.

From increased out-patient treatment to AI to sustainability

Visitors from all sectors of the health business have ample subjects for discussion, based on the defining trends which currently characterise the market and its dynamics. One example is the growing “out-patientisation” of care. This sets the focus on products and services for the so-called “point-of-care”, that is on patient-oriented diagnostics and treatment, but also on telemedical applications for optimal, cross-sector networking among all people involved in the care process. Also trending right now are solutions based on Artificial Intelligence (AI) and supporting systems, for example robotic systems or VR/AR applications (“Virtual Reality / Augmented Reality”). The implementation of sustainable processes is a goal that by now has become one of the highest priorities in companies and institutions across all sectors of industry—including the health sector. This includes a holistic view of economic processes to maintain a lasting ability to compete, without a negative social or environmental impact. All parts of the supply and value chain are evaluated closely for their potential for optimisation.

“True to their leading motif ‘Where healthcare is going’, MEDICA and COMPAMED will incorporate these dominating developments on the market and provide thematically appropriate points of focus in their programmes and in the many presentations by our exhibiting customers. Valuable contributions to this goal will be made by the numerous professional forums and accompanying conferences while the trade fair is happening, and through the talk format MEDICA DEEP DIVE during the time before the event.” says Christian Grosser, and promises answers and approaches to solutions relevant to all types of questions driving the industry.

Five worlds of experience and a fascinating live programme

The MEDICA professional trade fair determines its areas of focus through five worlds of experience. These cover the enormous range of more than 10,000 company innovations concerning: Lab technology and diagnostics, medical technology and electromedicine, commodities and consumables, physiotherapy and orthopaedic technology as well as IT systems and IT solutions.

The forums integrated into the worlds of experience add a varied programme on stage to the happenings at the trade fair, and picture a diverse agenda featuring short lectures, discussions, pitches and best practices relevant to the use of products. Among others, mention must be made of the MEDICA CONNECTED HEALTHCARE FORUM (digital networking, including the MEDICA Start-up COMPETITION and the Healthcare Innovation World Cup), the MEDICA HEALTH IT FORUM (IT issues), the MEDICA TECH FORUM (medical technology trends) or the MEDICA LABMED FORUM (innovations in laboratory medicine).

Among the further highlights of the programme of MEDICA 2023 are the 46th German Hospital Day (this time at CCD Süd) for the top managers of German clinics, and the conferences DiMiMED and MEDICA MEDICINE + SPORTS CONFERENCE held in the English language (both also at CCD Süd). These conferences will gather together experts in the fields of military and disaster medicine and in sports medicine and science at the venue in Düsseldorf.

Suppliers area in “high performance mode”

If you want to see for yourself what medical technology industry suppliers are capable of, the best option is COMPAMED 2023 in the trade fair Halls 8a and 8b. The exhibiting companies there will present (also five) worlds of experience including a wide range of high tech and service solutions. The five worlds of experience are: Manufacturing & Devices (e.g., components, parts, manufacturing processes), Services & Advice (e.g., research, development, services), Materials (e.g., plastics, glass, ceramics, metals, composite materials, adhesives, packaging), Micro Tech (such as micro components, microfluidics) as well as IT in Tech (software development and maintenance for medical technology).

In their programme sessions, the COMPAMED HIGH-TECH FORUM by IVAM and the COMPAMED SUPPLIERS FORUM follow important industry and technological trends and offer practical information concerning new procedures, products and relevant aspects of work on international markets. The future handling of PFAS (per- and polyfluoroalkyl substances) should be among the hottest topics for debate – also at the MEDICA TECH FORUM. The reason for this is that possible restrictions, not to mention a ban of PFAS at EU level, would have definite consequences for the development, manufacture and applications of medical technology products. PFAS are being used in these areas, for example, in coatings or in components for electrical surgery.

In the year before, the MEDICA and the COMPAMED recorded a total of 81,000 visitors. (2021: 46,000) with an international share of 75 percent.

The industry portals MEDICA.de and COMPAMED.de also offer a wealth of digital services for preparing and planning an effective stay at the location (e.g., interactive floor plans), for networking with companies and comprehensive reporting on events throughout the duration.

www.medica-tradefair.com

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Web-to-Pack and Digital Technologies – Smoke and Mirrors or Deep Current?

“The waste that is recycled best is the one that we haven’t produced.” This adage, whose perspicacity cannot be questioned nowadays, applies to all areas, particularly the packaging world. As producers of packaging, we are accustomed to explaining to our clients that the packaging that is most easily recycled is the one we haven’t produced and they haven’t brought to the market! One might say we are schizophrenic. Or rather, it is an urgent and absolute necessity to align ourselves with values, both personal and applied to our company, even if it means shocking others.

And yet, if we want to envision a sustainable and harmonious future, we must change our attitudes and discourse, offer new solutions that embody the challenges of tomorrow, disrupt deeply rooted habits, approach growth differently, and recognize that there is not just one way of doing things.

Digital technologies, which commercial printing and the label industry have embraced for a long time, will inevitably contribute, whether we are convinced or reluctant, to providing new perspectives in service of projects and needs. Behind digitalization lies not only the printing aspect, which is often seen in opposition to conventional approaches like offset or flexography, but also a world of finishing, including embellishments – varnish, foil stamping, etc -, as well as cutting, automated workflow management, and enhanced prepress control that bridges the gap between clients and production.

To embrace and perhaps anticipate these technologies, the key is to evolve the mindset, adopt a holistic approach, reconsider the relationship with clients and the market, and thus transform the company culture, allowing new capabilities to permeate and impact all levels of society.

For the past 7 years, our goal hasn’t been to prospect for selling packaging. We have been evangelizing the market. We are raising awareness among brands and stakeholders, urging them to step out of their comfort zones, embrace technological innovation, and consider that there are alternative paths, which may appear impenetrable at first but complement each other to achieve results that meet expectations. For 7 years, we have been pounding the pavement, advocating a different and intriguing message, which involves no longer operating like previous generations: embracing the constraints of cardboard manufacturers – such as minimum quantities, combining multiple references, tooling costs that exclude new market entrants, etc. – and making them our own. By denouncing these archaic concepts, though still coherent with the constraints of conventional technologies, a light shine on the path of all brands and project holders who embrace this paradigm shift: “Now, my constraints and desires take precedence!”

Digital Synergies

Web-to-print, continuously evolving in its approach to the market, anticipating needs, and delivering highly refined customer experiences, has directly benefited from the new capabilities offered by digital advancements. It certainly would not have revolutionized the market without this contribution. However, we must not forget that Web-to-Print and Digital Technologies mutually leverage and feed off each other to progress and gain market share, forming a virtuous spiral.

In turn, Web-to-Pack benefits from the capabilities provided by digital means dedicated to the packaging and Point-Of-Sales industry. This, in turn, justifies the development of new equipment and solutions by manufacturers. The combination of Digital and Web-to-Pack undoubtedly contributes to democratizing access to simplified packaging solutions that were previously reserved for experts with minimum volumes. It now allows any brand or project holder to launch, test the market, make mistakes, backtrack, and avoid imposing heavy commitments.

Rapid Web-to-Pack Market Growth

All these factors contribute to the rapid growth of the market share captured by Web-to-Pack, without impeding the traditional business conducted on a personal basis. Moreover, the increasing number of new product launches, special and limited editions, and the incredible trend of offering numerous variations of the same product – to cater to individual consumers’ preferred flavor, color, etc. – all contribute to the explosion of demands that require online solutions coupled with digital production technologies. And if these numerous packages are produced locally, directly within the workshops connected to the web-to-pack platform, the loop is closed.

We are witnessing the development of more or less advanced and transparent web-to-pack offerings, indicating that these solutions seem like El Dorados. However, let us not be mistaken; the production of packaging, even with digital equipment, requires well-controlled processes and technical know-how that are acquired over time, sometimes through setbacks. Some platforms simply act as intermediaries, selling products produced by local or exotic manufacturers, while others make the radical choice of controlling their processes and production in-house, despite the constraints and difficulties this entails. However, they retain all the added value within their own company.

As with any epic journey, we are witnessing the creation, consolidation, disappearance, and rapid growth of companies until the market structure solidifies. In the meantime, ingenuity and creativity know no bounds, naturally pushing the boundaries. Therefore, drupa 2024 becomes an essential event where new technologies, developments, and perhaps revolutions will be presented to serve markets, anticipating unspoken desires that are either unknown or unconscious for brands. Technological developments occur both continuously and in bursts. drupa 2024 will be the perfect opportunity to confront the complementarity of conventional and digital means, combined with Artificial Intelligence, which should be harnessed and used to our advantage, just like innovative solutions that enable the continuous reduction of Musculoskeletal Disorders and other occupational diseases that permanently affect our operators.

The remarkable ability of human beings to invent and reinvent themselves gives us hope for a promising future, albeit different from what we know today. Ultimately, one question remains: Do we wish for something better tomorrow, or can we become better ourselves? That is quite a program.

www.drupa.com

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