New Launch3 Oct 2025, 07:44 pm
Pyramid Technoplast Commences Unit IX - Recycling Plant, Boosting Sustainability and Cost Efficiency
AI Summary
Pyramid Technoplast Ltd. has announced the commencement of its Unit IX - Recycling plant, situated in Bharuch, with an annual recycling capacity of 5,000 metric tons of plastic. The new facility is expected to cater to 10-12% of Pyramid's raw material needs, drive meaningful savings and margin enhancement, and reduce reliance on imports. The investment of 8-10 crores is projected to have an attractive payback period of 4 years, contributing to capital efficiency. This development aligns with India's sustainability agenda, significantly reducing plastic waste and enhancing Pyramid's ESG credentials.
Key Highlights
- 5,000 MT annual recycling capacity to cater to 10-12% of Pyramid’s raw material needs, driving meaningful savings and margin enhancement.
- Lower reliance on imports, ensuring greater supply chain resilience and self-sufficiency in polymer sourcing.
- Investment of 8-10 crores, with an attractive payback period of 4 years, underscoring capital efficiency.
- Aligned with India’s sustainability agenda, the facility will significantly reduce plastic waste and strengthen Pyramid’s ESG credentials.
- Strategic leap forward for Pyramid Technoplast, integrating recycling into their value chain and lowering costs.