Page 47 - Plastics News - April 2026
P. 47
COMPANY NEWS
recycling efforts contribute significantly to en- vested enormous resources to perfect the sci-
vironmental protection and economic develop- ence of flexible plastic recycling. This transform-
ment. The recycling process reduces nearly 2.50 ative work has led many in the industry to refer
kg of greenhouse gas emissions per kg of recycled to Prof. (Dr.) Sushil Aggarwal as the "Daddy of
plastic while saving precious foreign exchange Plastics" and view AVRO Group as a pioneering
by replacing virgin polymer worth `100 per kg. force in cutting-edge recycling technologies.
The initiative creates multiple benefits: Comprehensive Network Development
♦ Preventing plastic waste from entering land- Operation Shuddhi aims to create a compre-
fills hensive network connecting various institutions
including schools, colleges, hospitals, hotels,
♦ Reducing greenhouse gas emissions religious institutions, markets, and local com-
♦ Saving foreign exchange through polymer munities. The company has introduced digital
replacement infrastructure through the Operation Shuddhi
Website and Recycling App to mobilize volun-
♦ Creating jobs, revenues, and new economic teers and establish an efficient plastic collection
opportunities and recycling ecosystem across the nation.
Technology Leadership and Recognition Historical Stock Returns for Avro
The achievement represents years of persever- 1 Day 5 Days 1 Month 6 Months 1 Year 5 Years
ance, experimentation, and technological inno- -4.06% -10.06% -10.51% -26.06% -26.07% +823.98%
vation. The AVRO team overcame technological Source - https://scanx.trade
setbacks, scrapped multiple machines, and in-
RECIRQULARITY TO PRODUCE QUALITY
RECYCLED PLASTICS IN HYDERABAD
eCirqularity represents a strategic effort fast-moving consumer goods (FMCG) packag-
to build a comprehensive, market-driven ing. Unlike fragmented efforts, often limited to
Rapproach to India's plastic waste chal- specific parts of the recycling chain, ReCirqular-
lenge. Spearheaded by Harsh Mariwala's family ity's model includes waste collection, advanced
office, Sharrp Ventures, and partnered with Re AI sorting, processing, strict quality control, and
Sustainability Limited, the venture is more than direct sales to consumer goods manufacturers.
just a recycling initiative. It's designed as an end- The pilot facility in Hyderabad is expected to be
to-end system to close a significant gap in In- ready by the end of 2026, using advanced ma-
dia's supply of high-quality recycled polymers, chinery and AI for precise, fast sorting of plastic
specifically rHDPE and rPP, which are crucial for waste. This integrated strategy aims to achieve
April 2026 PLASTICS NEWS 49
