STP Limited CE&CR - December'21

Industry Speaks
Construction Chemical
In terms of new segment areas, just as in a new construction or repairing

process, chemicals can contribute significantly while recycling C&D wastes.
The global construction and demolition waste recycling market was valued at
$127 Billion in 2019 and estimated to reach $149 Billion by 2027, with a CAGR of
2.7% in these 7 years. It is important for global construction chemical researchers
Rajesh Joshi to work in the direction of evolving materials which can play a significant role in
Managing Director the recycling market as well.
STP Limited
CE&CR: With respect to transformational industry dynamics, what are
your views about adaptive and innovative Next-Gen tools, integrated new
Workforce typology and new normal EPC models?
Rajesh Joshi: Dynamicity of the market poses challenge for any progressive
industry, especially in the post-Covid era. From availability of work to availability
It is important for global of raw materials from multiple global sources is a day-to-day uphill climb which
organizations are confronting. While, keeping in mind the unprecedented
construction chemical happenings, it is important for an organized sector to streamline routine decision
researchers to work in the making into a systematic logical format requiring least human intervention.
This is possible through meticulous understanding of existing system and
direction of evolving materials prudent choice towards modernizing and digitalizing every possible process. STP,
which can play a significant role in a phase wise manner, has initiated this and is transiting to become a more
digitalized organization. Such interventional transformation will not only make
in the recycling market as well. the system more efficient but will also take off major stress from the workforce.
Growing economies, including India, has acted prudently in last decades
to design EPC systems that are more reliant and efficient. The land connectivity
network has come up with practical BOT models for fast and efficient execution
of work. However, at any given point of time there is always scope for upgradation
CE&CR: How do you envision the future of of quality standards in the prevailing EPC model, which should be constantly
construction and how will it be a game changer expanded to have a tighter control over the work produced.
for your company? Also, what new segments in the
CE&CR: The global trend is to achieve sustainable goals in all the sectors
construction chemicals can the industry foresee in
contributing to the economy; with respect to that; will green construction
the coming years?
takeover traditional methods in the future? If so, how will it happen and how
Rajesh Joshi: Construction Chemicals are bound to play
does your company take strides in the process?
a significant role in the times to come. For construction Rajesh Joshi: We must accept that a complete definition of a green construction
to become sustainable, it is inevitable that incorporation is still vague in our industry. Various aspects are highlighted through a variety
of innovative materials and methods are adopted. This of concepts under the green umbrella. Scientifically, it can be considered as a
gives an opportunity and challenge for STP to mark its combination of these concepts incorporated during the conception of a project
footprints in a similar fashion. contributing in varied proportions, like,
This apart, a whole lot of infrastructure and building a. Recycled Products (Construction materials)
which were developed in the last century will show b. HSE Standards (Materials & Methods)
feasibility towards further extension of useful life and/ c. Energy Consumption (Water, Electricity, etc. during and after construction)
or to be retrofitted for enhancement of its prevailing d. Durability (Estimated total service life)
capacity, will require a plethora of material and e. Recyclability (Ability to be reused, once redundant)
systems that a construction chemicals company can STP has taken special initiative to develop and promote such products that
offer. STP is geared to take up and cater as a one-stop presents safer working conditions for the labour force while being less aggressive
solution provider to the rehabilitation industry with to the environment. In addition, every technology that adds durability to the
economical and dependable solutions, benchmarked concrete structure with minimal environmental footprints, contributes largely to
with international standards. the broader cause of creating a sustainable system.
6 CE&CR December 2021

STP Limited CE&CR - December'21

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Industry Speaks

In terms of new segment areas, just as in a new construction or repairing

6 CE&CR December 2021

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