24 Apr, EOD - Indian

SENSEX 79801.43 (-0.39)

Nifty 50 24246.7 (-0.34)

Nifty Bank 55201.4 (-0.30)

Nifty IT 35307.1 (-0.30)

Nifty Midcap 100 54969.85 (-0.13)

Nifty Next 50 65900.8 (-0.15)

Nifty Pharma 21974.6 (1.08)

Nifty Smallcap 100 16963.5 (-0.04)

24 Apr, EOD - Global

NIKKEI 225 35039.15 (0.49)

HANG SENG 21909.76 (-0.74)

S&P 5426.42 (0.55)


Corporate News

You are Here : Home > News > Corporate News >

(22 Feb 2025, 13:41)

Balrampur Chini lays foundation stone for India's first PLA biopolymer manufacturing facility


Balrampur Chini Mills (BCML) marked a memorable milestone with the foundation stone laying ceremony of India's first Polylactic Acid (PLA) biopolymer manufacturing facility at Kumbhi, Uttar Pradesh today in the presence of the Chief Minister of Uttar Pradesh, Yogi Adityanath. This pioneering initiative positions Uttar Pradesh as the epicentre of India's biopolymer revolution, reinforcing the state's commitment to sustainable industrial growth.

Strategically located adjacent to BCML's existing sugar factory in Kumbhi, Uttar Pradesh, this state-of-the-art manufacturing plant integrates operational synergies to enhance resource efficiency and optimize supply chain management. With a gross investment of Rs. 2,850 crore, the plant leverages cutting-edge technology from global technology providers.

This plant is going to be India's first industrial scale biopolymer plant & also set a new global benchmark. It will be powered by 100% renewable energy for its entire production process, and also the first plant location where sugarcane is transformed into PLA in a single, integrated site, showcasing a truly closed-loop sustainability mode.

With an annual production capacity of 80,000 tonnes per annum, the plant will produce 100% industrially compostable & bio-based PLA- Poly Lactic acid which finds a wide range of applications. Specially as an ideal alternative to the banned Single Use Plastic items (SUP), such as straws, disposable cutlery, food trays, bottles, curd cups, and carry bags etc.

This PLA can also be anaerobically digested to produce biogas and fertilizer, tackling both waste and emissions. The production process emits 68% less greenhouse gases than conventional plastics, and as the world's first PLA plant fully powered by renewable energy, we will cut emissions even further.


More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +