US$10 million invested in India's first food-grade plastic recycling facility
Hyderabad, Sept. 14 -- One of India's leading plastic recycling and waste management company, Srichakra Polyplast, on Tuesday announced the official commissioning of its upgraded facility here. It will the first-of-its-kind in India to produce food-grade quality recycled polyethylene terephthalate (PET) pellets.
In a press release, Srichakra stated that it has also commissioned its new polyolefins recycling facility which can produce deodorized bottle-to-bottle grade quality polyolefin pellets. The company claimed to have invested more than US$10 million to strengthen its recycling capabilities, which allow it to offer the highest grade of recycled plastic to customers in India and global markets such as Europe and the United States.
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