Balrampur Chini Mills plans to invest ₹2,850 crore in a biopolymer plant to produce eco-friendly plastic products as an alternative to single-use plastics.
The plant will have an annual capacity to produce 80,000 tonnes of Polylactic Acid (PLA) by diverting 1.3 lakh tonnes of sugar from its annual production.
PLA, derived from renewable resources, offers strong performance and sustainability, and the plant is expected to become operational next year in Uttar Pradesh.
The biopolymer plant, powered by 100% renewable energy, aims for a turnover of ₹2,000 crore and expects high demand due to the eco-friendly nature of the polymers.