Gravita starts Plastic Recycling Plant in Ghana
- Dec
- 03
- 2022
October 20, 2022
• Gravita India Limited (“Gravita” or the “Company) a leading “Recycling Company” having its manufacturing presence around the globe, is delighted to announce that its step down subsidiary situated in Ghana , West Africa has started commercial production of Recycled Polypropylene Granules from its new recycling plant having an annual capacity of around 1,200 MTPA in phase 1. Further, company has plans to increase this capacity to 2,700 MTPA in next phase.
•The company is already having similar plastic recycling facility in Senegal, Mozambique and India. Further, this is in line with the company’s vision of replicating the recycling business in different geographies.
•The Group has made investment of approx. Rs. 1.90 Crores for procurement and commissioning of this new Recycling Plant which is invested from internal accruals of the company.
•The Company will be procuring domestic plastic scrap for the purpose of production from this plant and it will cater to the needs of plastic manufacturing industries situated in North America, Europe & Asia. This plant will help company to change its sales mix by increasing the contribution from plastic business.
Categories
Archives
- May 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- September 2022
- August 2022
- January 2022
- August 2020
- February 2020
- January 2020
- November 2019
- June 2019
- April 2019
- February 2019
- September 2018
- August 2018
- May 2018
- April 2018
- January 2018
- November 2017
- October 2017
- September 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- September 2016
- July 2016
- May 2016
- January 2016
- November 2015
- July 2015
- June 2015
- February 2015
- December 2014
- November 2014
- September 2014
- August 2014
- July 2014
- May 2014
- March 2014
- February 2014
- December 2013
- November 2013
- October 2013
- September 2013
- July 2013
- May 2013
- April 2013
- March 2013
- January 2013
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- March 2012
- February 2012
- January 2012
- November 2011
- July 2011
- May 2011
- April 2011
- October 2010
- September 2010
- May 2010
- January 2010
- December 2009
- September 2009
- May 2007