Neochem Technologies, a company fuelled by ambition and driven by sustainability, has achieved substantial growth, expanded into new regions and countries, and successfully attracted a diverse customer base in India and around the world. Their success can be attributed to their commitment to leveraging innovative technologies and offering sustainable solutions.
In an exclusive interview with The Textile Magazine, Mr. Hitesh Wadher, Vice President of International Business & B2B, Head of Marketing at Neochem Technologies Private Limited, shared the company’s future plans and insights into its participation at ITMA Milan 2023.
As a versatile and diverse chemical company, Neochem Technologies caters to various industries with a wide range of solutions. However, their primary focus lies in the textile industry, where they provide comprehensive solutions across different stages of the textile processing. Their product range includes offerings for pre-treatment, dyeing, printing, finishing, coatings, and enzymes. By prioritizing sustainability, they deliver value to their customers by offering eco-friendly alternatives that contribute to water and energy conservation while reducing costs.
On the company’s expansion plans, Mr. Hitesh Wadher said, “Neochem Technologies believes in expanding its reach across all segments of the textile industry, recognizing the unique opportunities each segment presents. With an expansion phase underway, we view the entire world as our potential market, allowing us to tap into various textile segments and leverage global growth opportunities.”
The company takes great pride in its commitment to sustainable solutions and constantly seeks to provide alternatives to conventional processes and chemicals. Among their notable innovations are natural and biobased fabric softeners derived from exquisite plant-based derivatives, a natural clay-based all-in-one preparation agent, and a sustainable replacement for Acetic acid. They have also developed solutions that eliminate the need for certain processes, like reduction clearing of polyester, resulting in significant savings in water, energy, time, and costs. Other innovations include anti-tinting cum washing off agents that reduce water consumption and save time, shade enhancers and deepening agents that help reduce dye consumption, and a single bath wash-off solution for Polyester-Cotton dyeing, offering substantial savings in time, energy, water, and labour.
Participation @ ITMA 2023
The year 2023 holds great significance for Neochem Technologies as they make their debut at ITMA, a renowned textile industry event. Speaking about the company’s participation at ITMA, Mr. Hitesh Wadher said, “At the show, we are excited to unveil our ‘Natural and Plant-based Ester Quats fabric softeners’ and showcase our comprehensive range of sustainable chemistries. In addition to introducing the new products and technologies, the event provides us with a valuable opportunity to listen, learn, and gain insights into the diverse challenges faced by our customers. Armed with this knowledge, Neochem Technologies aims to innovate further and develop new sustainable solutions, strengthening our commitment to creating a more environmentally friendly future.”
Focus on Sustainability
Sustainability has become a buzzword in textile manufacturing, but for Neochem Technologies, it is a core value that drives their manufacturing practices. “We ensure sustainable manufacturing through various measures, including the development of eco-friendly and biodegradable products, prioritizing resource efficiency to reduce water and energy consumption, actively seeking alternative materials and chemicals that are less harmful to the environment, and promoting transparency and ethical practices in their supply chain and sourcing. These initiatives reflect our commitment to delivering sustainable products and technologies,” Mr. Hitesh Wadher added.
In a highly competitive market with numerous options available, Neochem Technologies stands out by offering several strengths and advantages. Firstly, they are a research and development-driven company with an unwavering commitment to sustainability. Their eco-friendly and biodegradable solutions enable customers to achieve their sustainability goals. The company’s backward-integrated chemistries and comprehensive range of products cater to diverse needs in the textile industry. Neochem differentiates itself through flexibility, speed, and customization capabilities, staying ahead of industry trends and continuously developing sustainable alternatives. Additionally, the company’s strong focus on customer satisfaction and support ensures a seamless experience for customers, adds Mr. Hitesh Wadher.
Looking ahead, Mr. Hitesh Wadher expects the growth of the textile industry in 2023 to be influenced by economic conditions, consumer demand, industry innovations, and global market dynamics. As manufacturing shifts to different regions, potential growth opportunities arise. The recovery of the global economy and increased consumer spending could further drive growth. Sustainability and innovation will remain pivotal in shaping the industry’s future, with collaboration and the adoption of new technologies driving growth and transformation.
For more information on Neochem and its sustainable products, Mr. Hitesh Wadher can be reached out on hitesh.wadher@neochem.in