Page 16 - Plastics News July 2021

COMPANY NEWS

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harat Petroleum Corporation Limited (BPCL), a -commerce retailer Flipkart has eliminated single-use
B‘Maharatna’ and a Fortune Global 500 Company is eSODVWLF SDFNDJLQJ IURP XVH DW LWV IXOÀOPHQW FHQWUHV LQ
setting up a technology demonstration plant of 200 metric WKH FRXQWU\ 7KH :DOPDUW RZQHG FRPSDQ\ KDV VXFFHVVIXOO\
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by setting up a commercial plant of 50,000 metric tonnes packaging in its own supply chain by this year. Flipkart
per annum capacity, saving foreign exchange worth Rs. has so far launched several sustainable alternatives,
1,000 Crores, to make India #AtmaNirbhar in this niche including eco-friendly paper shreds, recycled paper
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innovation, research and development, the R&D team UROOV DW WKH IXOÀOPHQW FHQWUHV 7KH H FRPPHUFH UHWDLOHU
also complies with all Extended Producer Responsibility
regulations and aims to ensure that, through its network
of recyclers, it recycles the same amount of single-use
plastic as it sends to consumers. Flipkart senior vice-
president and supply chain head Hemant Badri said: “At
Flipkart, we place great emphasis on sustainable and
responsible business practices. “Moving towards fully
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while navigating a tough year impacted by Covid and are
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at BPCL has mastered the chemistry of Superabsorbent now focused on enabling our seller ecosystem to adopt
Polymer (SAP), using the in-house acrylic acid as sustainable packaging alternatives as well, and to create
feedstock, which is used in various hygiene products positive environmental and social impact across the entire
like diapers and other incontinence products. Excited VXSSO\ FKDLQ µ )ROORZLQJ WKLV DFKLHYHPHQW )OLSNDUW ZLOO
about the initiative, Mr. P. Ravitej, Executive Director, work closely with its suppliers to help them move towards
5HÀQHULHV %3&/ VDLG ´6$3 SURFHVV GHYHORSPHQW LV D plastic alternatives. The retailer claims to be ‘actively
pioneering initiative of BPCL R&D towards independence working with the ecosystem’ to understand how it can
in technology development and value addition to Acrylic
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Prime Minister’s vision of #AtmaNirbhar Bharat, this is
yet another step in course to strengthen the processes
and operations undertaken at the company level to
support the cause and be self-reliance in ways possible.
The company continues to focus on an un-ending path of
innovation and research to minimise costs and maximise
returns with optimum utilization of resources. Mastering
the chemistry of SuperAbsorbentPolymer is a step ahead
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the company is developing a vibrant ecosystem. Bharat
Petroleum has been partnering communities by supporting help create a more circular economy for plastics so that
innumerable initiatives connected primarily in the areas the ecosystem can become more sustainable. Flipkart
of education, water conservation, skill development, has reduced the amount of single-use plastic packaging
health, community development, capacity building and LQ LWV VHOOHU IXOÀOPHQWV E\
employee volunteering.

Plastics News July 2021 16