·                 Name of the Event: - CHEMSPEC EUROPE 2024- 37th International Exhibition for Fine and Specialty Chemicals

·                 Date of the event: - 19-20 June, 2024

·                 Venue: - Messe Düsseldorf, Germany.

·                 Organizer: - Mack Brooks Exhibitions Ltd.

·                 Product for showcase: - Fine and specialty chemicals.

·                 No of Indian companies eligible for MAI grant: 20 Nos.

·        Dedicated marketplace to meet with purchasers and agents looking for manufacturers, suppliers, and distributors of fine and specialty chemicals

·        Platform to market your products and solutions exclusively to the fine and specialty chemicals community.

·        Top-class seminars conveying the latest results in R&D

·        Numerous networking opportunities round off the exhibition experience.

·        Expected 3000+ trade visitors from 60+ countries to the exhibition

·        300+ exhibitors from 25+ countries

·        For more details visit https://www.chemspeceurope.com/

·        The event is proposed to be covered under the Market Access Initiative (MAI) scheme of the Ministry of Commerce & Industry, Govt. of India for the year 2024-2025.

·        Company with export turnover “NIL” is not entitled to get any MAI grant.

·        MAI grant in terms of stall charges and Airfare will be available only to eligible 20 no. of exhibitors on a first come (Payment) first served (Allocation) basis for Chemspec Europe 2024.

·        The subsidized stall/space charges will be reimbursed only after approval of the event under the MAI scheme by the Dept of Commerce, Govt. of India.

·        Currently the approval for this event under the MAI scheme of DOC is under process.

·        The amount of subsidy will be informed to members/reimbursed only after approval and receipt of funds from Dept. of Commerce

·        Eligible members will get the grant in aid charges for a maximum area of 9 sq. mt. (Even though they book a bigger stall size, extra space can be given and will be charged on actual cost)

·        Members have to pay the membership fee up to the current year (i.e. 2024-25); otherwise, they are not eligible for participation under the MAI scheme.

·     Companies that have participated three times in past in this event will not be eligible for subsidized stall rates/reimbursement of airfare.

·     Companies who participated in three events through CHEMEXCIL in the same financial year (2024-2025) under the MAI scheme will not be eligible for any MAI grant.

·     Reimbursement of airfare (is only eligible for economy class) to exporting companies (Exhibiting Companies) with an f.o.b. value of exports below Rs. 50 crore in the preceding financial year (2023-24) and The exporter has been active in the domestic market and has at least annual turnover of Rs.50.00 lakh in the preceding financial year (2023-24).

·     Members should have completed 12 months of Membership of the council

·     Reimbursement of airfare to the companies having nil exports/ start-ups/ new exporters may be allowed up to 10% of the total number of participants, subject to the following conditions:

a)     The amount of airfare reimbursable will be 50% of the economy fare, subject to market-wise ceilings prescribed in the Scheme guidelines,

b)    The exporter has been active in the domestic market and has at least annual turnover of Rs. 50.00 lakh in the preceding financial year.

·       Regularly filing Export returns with the council

·       Airfare will be permissible only to the regular Director / Partner/Proprietor or a regular officer of the company in a senior managerial position.

·       Air fare Claim forms duly filled in and complete in all respects must be submitted to the council within 45 days (counted from last date of the event- i.e. on or before 2nd August, 2024). If not submitted, airfare will not be reimbursed to those Member companies.

·       The Airfare Reimbursement will be done after the finalization of Accounts in the Ministry & Subject to receipt of funds from the Department.

·        A company having DEL STATUS (as per DGFT) is not eligible for participation under the MAI scheme.

·        Once the event is over exhibitors must submit the outcome report within 5 days. format will be provided by Chemexcil on-site or by email.

·        Members have to pay the membership fee up to the current year (i.e. 2024-25); otherwise, they are not eligible for participation under the MAI scheme.

·        Chemexcil will issue a visa recommendation letter as soon as you complete and submit the payment details, please send us the scan copy of the passport photograph of the person along with his designation in the attached Excel form who is attending this event. It is mandatory to submit a scanned copy of the passport photo.

·        Company should send the scan copy of the passport photograph of the person along with his designation who is attending this event. It is mandatory to submit a scanned copy of the passport photo.

·        In case of a shortage of participation no. of exhibitors, the council will not participate in the exhibition hence before booking air tickets and hotel accommodation consult the council.

·        One Standard Stall (9 sq.mt.) only on a subsidized rate for one member exporter, for any additional stall requirement the charges applicable will be non-subsidized

·        Extra space/stall will be allocated only after allotment of Chemexcil pavilion after discussing with organizer.

·        Any cancellation from Participating Indian company

·        If payment is processed to respective vendors by council

·        If the organizer changes the floor plan/space at the last moment.