Dalmia Polypro receives loan for new plastic recycling plant

Picture credit: by Hans Braxmeier from Pixabay

India-based plastics manufacturer Dalmia Polypro Industries has received a commitment for a USD 30 million (EUR) External Commercial Borrowing (ECB) loan from the US International Development Finance Corporation (DFC).

The loan is for the financing of a new large-scale recycling plant in Nashik, Maharashtra. The greenfield facility is planned to recycle up to 171,000 tpy. However, the source does not provide information on the start of construction.

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