From the Editor’s Desk : Gleanings from InterDye 2019

Excerpt: For someone who has been visiting China InterDye as an annual ritual for a fairly long time now, there is a definite element of "sameness" or deja vu that has existed over the years.

For someone who has been visiting China InterDye as an annual ritual for a fairly long time now, there is a definite element of "sameness" or deja vu that has existed over the years. Besides the fact that it is, and to its credit, the largest congregation of the dyestuff industry the world over, and that it presents a great networking opportunity to reinforce contacts, there is very little else on offer given the lack of a specific end-user focus. However, the above described fact related to networking and the opportunity to get an insight into the key Chinese chemicals and dyestuff industry, still makes it a worthwhile attend.

This year that sense of deja vu was disturbed to a significant extent. Not because it contradicted the above thought process, but more due to the findings that one could make and infer at the Show this year.

We all know that the Chinese chemicals industry has been under the cloud of pollution over the last year or so. Beginning with the lead-up to the Beijing Olympics, these stringent strictures have led to closures of many chemical plants, and in some other cases reduced operating capacities and efficiency. The effects of the same had already begun being felt the world over with both the chemicals manufacturing industry being heavily dependent on intermediates and downstream consuming industries dependent on specialty chemicals.

Even as the global chemical industry recovers from this blow, it finds itself confronted with another rude shock in the form of a series of blasts at chemical complexes in China, which have been serious enough to be reported even in the normally secretive Chinese media. These have been accompanied by heavy human casualties and huge losses of capacity. A significant amount of the global dye intermediates capacity stands jeopardized.

The ill effects of both these setbacks were fully evident at this year's InterDye. While the exhibitor portfolio was secured largely due to the brand image of the event and the large contingents of Chinese and Indian exhibitors, there was a significant drop in visitors and more importantly a complete absence of energy and buoyancy at the Show. It is also believed that a lot of the firm orders that are normally clinched during the Show did not happen this time around with the uncertainty over both the pricing and the availability being a stumbling block towards any firm commitments by both buyers and sellers alike.

On the sidelines of the Event, on a more positive note, the ZDHC Foundation signed an MoU with the China Dyestuffs Industries Association (CDIA) and the Asian Dyestuffs Industries Federation (ADIF) to become signatories, thus highlighting the serious commitment of the industry in this part of the world to become compliant with the tenets of sustainability as laid down by ZDHC.

It is clear that there is now a gap in this space created by China, willingly or unwillingly, and the onus is now on our Indian industry to stand up and be counted. This is where we strongly believe that ChromaTexChem, our proud Indian event for the Indian Dyestuffs and Specialty Chemicals industry, with a strong focus on the Textile end-user segment, will help improve India's standing and brand image in the global industry, and also unlock immense value for the industry. We invite the industry to be a part of this initiative and will roll out more information as we move ahead.

Author Details

Dilip Raghavan

Editor Publisher