Grasim Industries gets USDA biobased Certification for Birla Spunshades

20 Sep 2017 Evaluate

Grasim Industries has been awarded the US Department of Agriculture (USDA) certified biobased product label for its dope dyed fibres- Birla Spunshades. Utilising renewable, bio-based materials displaces the need for non-renewable petroleum based chemicals.

Biobased products, through petroleum displacement, have played an increasingly important role in reducing greenhouse gas emissions that exacerbate global climate change. Biobased products are cost-comparative, readily available, and perform as well as or better than their conventional counterparts.

Grasim Industries is the flagship company of the Aditya Birla Group. Starting as a textiles manufacturer in 1948, today Grasim’s businesses comprise viscose staple fibre (VSF), cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90% of its revenues and operating profits.

Grasim Industries Share Price

2285.35 79.30 (3.59%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Grasim Industries 2285.35
DCM Shriram 848.50
Birla Corporation 1418.45
Surya Roshni 508.70
Century Textile &Ind 1632.50
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