Newdelhi:1/3/17:(PIB)Union Minister for Chemicals & Fertilizers and Parliamentary Affairs, Shri:Ananthkumar presented the 7thNational Awards for Technology Innovation in Petrochemicals and Downstream Plastics Processing Industry(2016-17), here today. Minister of State for Chemicals & Fertilizers, Shipping, Road Transport & Highways, Shri Mansukh Lal Mandaviya graced the occasion as the Guest of Honour.
Central Institute of Plastics Engineering and Technology (CIPET), an autonomous organization under Department of Chemicals & Petrochemicals (DCPC), has been entrusted with the responsibility of implementing the scheme of the National Awards for Technology Innovation in Petrochemical sector and Downstream Plastics Processing Industry. For the 7th National Awards, 415 nominations were received and finally, 16 nominations have been selected as Winners and 7 nominations as Runners-up for 2016-17.
Addressing the gathering, Shri Ananthkumar said that the Chemicals & Petrochemicals and Plastics industry has grown around 12% this year, defying all claims of a slowdown in the economy post the demonetization drive. Further, he expressed optimism while saying that in the next three years, this sector would achieve 15% growth.Shri Anuj Kumar Bishnoi, Secretary, Chemicals & Petrochemicals, Ms. Ranjana Kale, Economic Adviser and Dr. S.K. Nayak, DG, CIPET were also present on the occasion along with awardees, senior government officials, representatives of industries, academia and R&D institutions.