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Gravita ventures into business of plastic recycling

05 Jan 2016 Evaluate

Gravita India, a leading Indian Multinational Company, has commenced commercial production of Pet Recycling by setting up plant through its step -down subsidiary Gravita Nicaragua S.A. situated in Nicaragua. The entering into pet recycling business will enhance the recycling DNA of the group. The present annual production capacity of the said plant is 3600 MTPA.

Gravita India along with its subsidiaries has business across border in about 44 countries. The company deals in Lead and Lead related products. The major products of the company comprise of pure Lead, Refined Lead Ingots, Lead Alloy, Red Lead, Litharge etc. The company is also engaged into trading activities and supply of Lead plants and turnkey projects.

Peers
Company Name CMP
Hindalco Industries 969.45
Vedanta 262.20
Hindustan Zinc 592.30
Jain Resource Recycl 285.20
CMR Green Tech 228.95
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