Page 32 - Plastics News July 2024

ENVIRONMENT NEWS

A significant portion of the collected waste includes Anoo Malhotra, Director General of Rural Sanita-
43.30 tons of plastic, which has been compacted tion. She praised the collaborative efforts of sanita-
and stored at designated sites for proper dispos- tion teams, local authorities, and volunteers, whose
al and recycling. The remaining 43.85 tons of wet dedication has been instrumental in achieving these
waste are undergoing composting to produce high- milestones.
quality manure, supporting organic farming initia-
tives in the region. Inert waste, totalling 27.43 tons, The initiative has been praised for its integration of
has been responsibly managed, with 24 tons safely manpower, machinery, maintenance, monitoring,
disposed of at the Achan dumping site of the Sri- and motivation to ensure sustainable sanitation
nagar Municipal Corporation. An additional 3 tons practices along both pilgrimage routes. The success
of inert waste are earmarked for further process- of this comprehensive waste management strategy
ing through compactors, ensuring minimal environ- sets a new standard for eco-friendly practices in
mental impact. large-scale events, demonstrating the potential for
sustainable solutions in challenging environments.
“These waste management initiatives are integral Source: - Financial Express
to our commitment to preserving the sanctity and
cleanliness of the pilgrimage routes,” emphasized

Sustainability startup Ricron Panels

raises Series A funding led by Boon

Sustainability

Ricron Panels, founded by Rahul and Radhika Chaud-
hary, specializes in converting low-value multi-layer
plastic (MLP) waste into high-quality, eco-friendly
building materials, offering sustainable alternatives
to traditional materials like plywood and cement.

Ricron’s innovative technology recycles 5,000 tons
of plastic annually, producing waterproof, fire-
retardant, and impact-resistant materials used in
construction and furniture. The company aims to
increase its recycling capacity to 24,000 tons per
year within two years and expand its manufactur-
ing facilities across India. Ricron is well-known for its
beneficial effects on the environment, which include
Gujarat-based sustainability startup Ricron Panels reducing CO2 emissions and averting deforestation.
has raised Series A funding led by Boon Sustainabili- Notable clients include L&T, Tata Projects, and De-
ty Technologies, along with participation from inves- cathlon. The recent funding will bolster Ricron's ef-
tors such as Harsh Mohunta, Dinesh Babbar, and forts to scale its operations and reinforce its role in
Veromint Advisors The funds will go toward helping promoting sustainable building solutions.
Ricron become more visible in India, improving mar- Source: - IndiaCSR
keting initiatives, paying for capital expenses, and
fostering general expansion.

32 PLASTICS NEWS July 2024