Balrampur Chini Mills: establishment of India’s first-ever industrial bio-plastic plant

 https://youtu.be/GHSOU1b8eZo?si=rKOIUAMJEpCrCW3o


  • Balrampur Chini Mills Limited is set to venture into Poly Lactic Acid (PLA) manufacturing with a new fully integrated facility. 
  • ~The new venture will facilitate the establishment of India’s first-ever industrial bio-plastic plant~ 
  • With an estimated investment of Rs. 2000 crores in phases over a period of around 2.5 years, the new project is aimed to fuel India’s journey towards achieving net zero emissions by 2070. 
  • Expected to be completed within a period of 30 months, the new venture will mark the establishment of the first-ever industrial bioplastic plant in India. The state-of-art PLA factory will command a whopping capacity at “global” scale of 75’000 t/a. 
  • To expedite the construction of the new plant, it will be located on a “greenfield site”, beside one of the existing sugar plants, wherein a significant proportion of the local infrastructure already exists. 
  • The efficient usage of sugar as a raw material, to produce Polylactic Acid (PLA) and bioplastics marks the onset of a significant shift from the current linear consumption manufacturing paradigm to the one, led by circular and regenerative principles. 
  • Additionally, most of India’s current SUP (Single Use Plastic) consumption and its respective applications can be replaced by PLA and PLA compounds. 

Comments

Post a Comment

Popular posts from this blog

Confidence Petroleum Forays into Hydrogen Cylinder Manufacturing

  https://youtu.be/mD2k0HOpAxo?si=8H1ue9mw316h2wYr Confidence Petroleum Forays into Hydrogen Cylinder Manufacturing Unlike conventional metal cylinders, type 4four cylinders are entirely corrosion-resistant, lighter by seventy percent, and can accommodate three times more gas.  Constructed from carbon composite with a polymer liner, they boast exceptional safety features. The move signifies Confidence Group’s commitment to spearheading the global energy transition towards a cleaner and greener future.  By prioritizing innovation and environmental stewardship, the company aims to revolutionize the hydrogen storage industry and promote sustainable energy solutions. As reported by The Hitavada, through this venture into the green hydrogen market, Confidence Group aims to position itself as a leader in providing solutions that expedite the adoption of renewable energy sources.  These cylinders will play a pivotal role in the efficient storage and transportation of green ...
Read more

RSI Indicator for finding good value stocks?

  https://youtu.be/IbWEmgJQHx4?si=D0TUacnxi_9B33qM Is a Good RSI Indicator The relative strength index is a momentum indicator that looks at the pace of recent price changes to determine whether a stock is ripe for a rally or a selloff. Traders who are looking for investment opportunities should look for RSI values  that hit 30 or fall below that level.  This allows them to look for investment options that may be undervalued where the price may increase in the future.  But it's important for investors to remain steadfast and avoid making hasty decisions, since market conditions can change at a moment's notice.
Read more

Poonawalla Fincorp: I love stocks at 52L

https://youtube.com/shorts/kEd4ftcXaV4?si=8FpeXOzf0qyTs_Mo   Poonawalla Fincorp: I love stocks at 52L AUM up 52% YoY to ₹26,972 crore PPoP at ₹432 crore in Q1FY25, up 47% YoY and 6% QoQ  Assets:  ➢ Assets Under Management (AUM) stood at ₹26,972 crore, up 52% YoY and 8% QoQ  ➢ AUM Mix consist of 35% MSME finance, followed by 28% personal and consumer finance, 17% loan against property and 14% pre-owned car.   Asset Quality:  ➢ Gross NPA at 0.67%, lower 75bps YoY and 49bps QoQ  ➢ Net NPA at 0.32%, lower 44bps YoY and 27bps QoQ  ➢ Provision Coverage Ratio stood at 52.53%   Profitability:  ➢ Operating Profit (PPOP) was ₹432 crore, up 47% YoY and 6% QoQ  ➢ Profit After Tax (PAT) was ₹292 crore, up 46% YoY  ➢ Return on Assets (RoA) stood at 4.62%  ➢ Net Interest Income (inc. fees and other income) was ₹676 crore, up 42% YoY and 5% QoQ
Read more