Godavari Biorefineries Limited (GBL) has once again strengthened its position as a leader in India’s chemical industry by being chosen as the recipient of the ICC – K. V. Mariwala Award for Effective Chemical Industry – Academia Partnership 2024. The announcement was made through an official disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, showcasing the company’s transparent approach in keeping investors and stakeholders updated about its significant milestones.

The award has been conferred upon Godavari Biorefineries Limited in collaboration with the Institute of Chemical Technology (ICT), Mumbai, one of India’s most prestigious chemical engineering and technology institutes. This recognition is not only a matter of pride for the company but also a strong acknowledgment of how industry-academia collaborations can drive innovation, research, and long-term sectoral growth.

The official presentation of this honour will take place at the ICC Awards Presentation Function scheduled for September 19, 2025. The Indian Chemical Council (ICC) annually recognises the outstanding contributions of companies and individuals in various categories, ranging from research, innovation, environmental sustainability, and industry-academia partnerships. Winning this award demonstrates that GBL’s efforts in working with leading academic institutions to create practical solutions for the chemical industry have been recognised at the national level.

Importance of Industry-Academia Partnership

In today’s rapidly evolving business environment, collaboration between industry and academia plays a crucial role in enhancing innovation, developing future-ready talent, and finding sustainable solutions to complex challenges. Godavari Biorefineries’ work with ICT Mumbai has not only created knowledge exchange opportunities but has also resulted in research and development initiatives that directly benefit the chemical and bio-based sectors.

Through this award, ICC has acknowledged the effectiveness of such a partnership, underlining how companies can work hand in hand with academic institutions to accelerate the adoption of new technologies, research methodologies, and sustainable practices.

Godavari Biorefineries’ Achievements

Founded with a strong focus on bio-based products, Godavari Biorefineries has expanded its footprint in the chemical sector with a portfolio that includes biofuels, speciality chemicals, and renewable energy solutions. The company has consistently focused on sustainability, innovation, and strategic collaborations as its growth pillars.

The recognition from ICC further highlights GBL’s contribution towards a more sustainable and innovative chemical industry. By combining the academic knowledge of ICT Mumbai with its practical industry expertise, the company has been able to develop solutions that are not only commercially viable but also environmentally sustainable.

Significance of the ICC KV Mariwala Award

The ICC KV Mariwala Award for Effective Chemical Industry – Academia Partnership is one of the most prestigious recognitions in the Indian chemical sector. Named after K. V. Mariwala, who was instrumental in promoting industry-academia collaboration, the award is designed to encourage stronger ties between companies and educational institutions.

Winning this award puts Godavari Biorefineries in an elite category of organisations that have effectively bridged the gap between theoretical research and industrial applications. It also boosts the company’s image among stakeholders, investors, and global partners.

Looking Ahead

With this recognition, Godavari Biorefineries is expected to further strengthen its collaboration with academic institutes. Future projects are likely to include deeper research in bio-based chemicals, renewable energy innovations, and circular economy initiatives. The partnership will also create opportunities for students, researchers, and industry professionals to work together on real-world chemical industry challenges.

The company has reaffirmed its commitment to sustainability and innovation while enhancing India’s position in the global chemical industry. Awards like this do not only reward past achievements but also inspire organisations to achieve even greater heights in the years ahead.

This achievement of Godavari Biorefineries Limited, in partnership with ICT Mumbai, is not just a company milestone but also a reflection of how Indian chemical companies can lead global conversations on innovation, academia collaboration, and sustainability. The upcoming ICC Awards Presentation on September 19, 2025, will be a proud moment for both the organisation and the academic community, marking yet another step forward in shaping the future of the chemical sector.

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