Company Banyan Nation, based in Hyderabad, has set up a new 300 tpd plastic automated recycling facility. The project was partly financed by USD 0.8 million of growth funds provided by investment firm KKR Global. Banyan Nation already operates a 100 tpd plastic recycling plant and supplies plastic granules to 20 local customers. However, the source, the Business Standard, does not say where exactly this facility is located.