Praj Industries (PIL) has partnered with thyssenkrupp Uhde’s subsidiary -- Uhde Inventa Fischer (UIF) to jointly offer an end-to-end integrated technology for the production of Polylactic Acid (PLA). This strategic partnership offers a unique, seamless solution that sets them apart in bioplastics. Polylactic acid (PLA), as a sustainable alternative to conventional plastics, holds significant potential in advancing a circular bioeconomy. To meet this global need, PIL and UIF are leveraging their combined expertise in industrial biotechnology and chemical engineering to enhance PLA technology, ensuring an efficient, cost-effective, and sustainable production process.
The company has further strengthened its efforts by establishing a Centre of Excellence and Innovation for Biopolymers in collaboration with ICT Mumbai, focusing on the characterization, processing, and application development of biopolymers. Additionally, it inaugurated India’s first 'Demonstration Facility for Biopolymers' near Pune, producing lactic acid and lactide to support testing, validation, and the growing demand for sustainable biopolymer solutions.
Praj Industries is a global leader providing solutions spanning across Biofuels, Biomaterials, Energy Transition & Climate Action, Critical Process Equipment & Modularization, High Purity Water Systems, Brewery & Beverages, and Zero Liquid Discharge Systems.
| Company Name | CMP |
|---|---|
| BHEL | 316.70 |
| Thermax | 4141.20 |
| Kirloskar Oil Eng | 1616.95 |
| Skipper | 433.50 |
| GMM Pfaudler | 931.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: