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From Sugar Cane to Bioplastics: India's Green Leap
9 Nov
Summary
- Bio-plastic plant production to begin next quarter.
- Plant investment totals Rs 3,100 crore.
- Bioplastics will be made from sugarcane and corn.
Balrampur Chini Mills is preparing to commence commercial production at its ambitious Rs 3,100-crore bio-plastic facility in Uttar Pradesh during the upcoming quarter of the fiscal year. This significant investment, with Rs 2,400 crore already spent by October 15, 2026, aims to establish an 80,000-tonnes per annum Poly Lactic Acid (PLA) plant.
The plant will utilize renewable resources such as sugarcane and corn starch to manufacture PLA bioplastics, a move aligning with sustainable practices. The company anticipates generating Rs 2,000 crore in annual revenue once the plant reaches full capacity. This initiative is supported by the UP government's Bio Plastic Industrial Policy.
This expansion into bioplastics occurs as Balrampur Chini Mills also reported a 90 percent surge in consolidated net profit for the quarter ending September, reaching Rs 102.29 crore. Total income for the same quarter increased to Rs 1,909.84 crore, indicating robust financial performance across its operations.
