In India, Balrampur Chini Mills Ltd has raised Rs 450 crore (US$54.2 million) equity fund mainly to set up a lactogypsum processing plant and also meet capex needs for the polylactic acid bioplastic facility it is currently constructing in Uttar Pradesh. Balrampur Chini, which has ten sugar factories in UP with an aggregate sugarcane crushing […]
In India, Hon’ble Chief Minister of Maharashtra Shri Devendra Fadnavis recently formally launched India’s first Poly Lactic acid (PLA) brand ‘Balrampur Bioyug’, to be produced by Balrampur Chini Mills Limited (BCML), marking a significant milestone in the nation’s journey towards sustainable innovation. Held at Jio World Convention Centre in Mumbai, the launch event marked a […]
In India, a sugar manufacturer building its first polylactic acid bioplastics plant in Kolkata expects to make about ₹1,800 crore ($19.7 million) in annual revenue from its new business. Balrampur Chini Mills Executive Director Avantika Saraogi told CNBC News the investment would put the company at more than 50% mix of green products by fiscal […]
In India, Balrampur Chini Mills, a sugar producer, is investing €222.45 million to build a polylactic acid plant. According to Sustainable Plastics, the plant will have the capacity to produce 75,000 metric tons per year and be India’s first industrial-scale bioplastics plant. The facility will be built next to Balrampur Chini Mills’ Uttar Praadesh sugar […]
