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Gravita India commences commercial production of Washed Polypropylene

20 Jun 2017 Evaluate

Gravita India has started commercial production of Washed Polypropylene by installing new automated eco- friendly washing line having annual capacity of 6000 MTPA at its existing recycling unit situated in Jaipur.

The production from said plant will cater the needs of industries manufacturing Polypropylene Sheets, Paint Buckets, Polypropylene Crates, Battery Boxes and other Plastic Manufacturing Industries. The company has made investment of around Rs 1.5 crore for procuring and commissioning of this plant which is invested from its internal accruals.

Gravita is a public listed company and has carved a niche for itself, in the field of recycling in a very short span of time.



Peers
Company Name CMP
Hindalco Industries 970.35
Vedanta 261.55
Hindustan Zinc 590.75
Jain Resource Recycl 281.90
CMR Green Tech 228.55
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