Tag: plastic recycling

Plastic
SLMG and Dalmia plan new plastic recycling plant

SLMG and Dalmia plan new plastic recycling plant

SLMG Beverages is partnering with Dalmia Packaging to establish a PRF for plastic bottles. The plant is a JV between the two companies and planned to be located between the cities of Lucknow and Kanpur,…

Plastic
New PRF in Haridwar to be commissioned

New PRF in Haridwar to be commissioned

As of 2 December 2023, the new PRF in Haridwar, Uttarakhand, is scheduled to start operations in 2 weeks. According to the source, the government has provided an INR 2.95 million (EUR 33,000) investment for…

Plastic
New collaboration announced for chemical recycling

New collaboration announced for chemical recycling

Indian chemical recycling technology company Polycycl and India-based environmental company Re Sustainability have announced a collaboration to set up a network of chemical recycling facilities in India. Under the collaboration, low-grade plastics, such as flexible…

Plastic
Dalmia Polypro receives loan for new plastic recycling plant

Dalmia Polypro receives loan for new plastic recycling plant

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…

Plastic
New plastic recycling facility to start in Indore

New plastic recycling facility to start in Indore

India-based Shakti Plastic Industries is launching a bottle-to-bottle HDPE/PP recycling plant in Indore, Madhya Pradesh. The plant is supposed to provide sorting, cleaning, shredding, and melting of plastic waste which is to be converted into…

Plastic
PM’s plastic recycled jacket is to be sold in markets soon

PM’s plastic recycled jacket is to be sold in markets soon

The jacket worn by Prime Minister Narendra Modi in Parliament on Wednesday, made of recycled plastic bottles, will be available in major cities of India, within three months. Mr SM Vaidya, Chairman of Indian Oil Corporation Limited (IOCL) informed that the jacket will…

Company news
Gravita India reports on Q2 of current financial year

Gravita India reports on Q2 of current financial year

Recycling company Gravita India Limited has published its figures for Q2 of the financial year 2023, that ended on 30 September 2022. Revenues from operations reached INR 6.83 billion (EUR 83.7 million) an increase of…

Plastic
Joint venture for India’s largest plastic recycling facility

Joint venture for India’s largest plastic recycling facility

Dutch chemical company LyondellBasell and Maharashtra-based plastic scrap recycler and waste collector Shakti Plastic Industries have signed an MoU to form a joint venture for a mechanical recycling plant in India. The MoU provides for…

Plastic
New plastic recycling plant installed in Bangalore

New plastic recycling plant installed in Bangalore

Together with Yunus Social Business Fund gGmbH and its subsidiary Cofresco, German retail coffee company Melitta has set up a plastic recycling plant in Bangalore, Karnataka. The plant is part of an initiative named “Fair…

Plastic
Telangana: Illegal plastic recycling units shut down by PCB

Telangana: Illegal plastic recycling units shut down by PCB

The Pollution Control Board (PCB) is investigating illegal plastic recycling businesses in Hyderabad. The Telangana PCB has ordered the closure of two plants on the outskirts of Hyderabad. More units are also being investigated since…

Company news
Circulate Capital invests in Indian plastic recycling company, Deluxe

Circulate Capital invests in Indian plastic recycling company, Deluxe

Singapore-based investment management firm Circulate Capital has invested in Indian plastic recycling company Deluxe through its $112-million Circulate Capital Ocean Fund (CCOF I), which was created in partnership with global corporations like PepsiCo, Procter & Gamble,…