Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Grasim Industries achieves Gold Level Material Health Certification for Birla Spunshades

Posted On: 2018-06-01 20:18:11

Grasim Industries Limited, a flagship company of USD 43 billion Aditya Birla Group has earned a Gold level Material Health Certificate from the Cradle to Cradle Products Innovation Institute for their product Birla Spunshades Viscose Staple Fibre.

Grasim Industries assessed Birla Spunshades VSF against the criteria of the Material Health category in the Cradle to Cradle CertifiedTM Product Standard. Based on the superior results it has earned a Gold level Material Health Certificate from the Cradle to Cradle Products Innovation Institute. Headquartered in San Francisco, California USA, the Institute is a non-profit organization that administers the publicly available Cradle to Cradle CertifiedTM Product Standard which provides designers and manufacturers with criteria and requirements for continually improving what products are made of and how they are made.

To achieve certification, materials and products must be assessed across five sustainability categories: material health, material reutilization, renewable energy and carbon management, water stewardship, and social fairness. A product receives an achievement level in each category Basic, Bronze, Silver, Gold, or Platinum. The certificate is valid for 2 years, after which manufacturers must demonstrate their work to further better their products for recertification.

Mr. Dilip Gaur, Managing Director, Grasim Industries said, "We are the first VSF manufacturer to get this certification, a truly great achievement by the Grasim team. This is yet another milestone in our sustainability journey. It reaffirms that sustainability is at the core of our business strategy. At Grasim, continuously striving for manufacturing excellence and focussing on sustainable production is a never ending journey. Having been certified Gold our aspirations is to reach for Platinum".

Mr. Rajeev Gopal, Chief Marketing Officer, Pulp and Fibre Business, Grasim Industries remarked "Material Health Certificate for Birla Spunshades from Cradle to Cradle Products Innovation Institute will enhance the goodwill that our brand enjoys among our customers."

"This certification confirms that viscose fibre is made for closed-loop systems with its natural origin & will enhance the confidence of the value chain players in delivering sustainable products," said Mr. Ajay Sardana, Chief Sustainability Officer of Grasim Industries.

Birla Spunshades, a USDA Biobased certified product, is made with coloured spundyed viscose fiber and a technique that embeds the colour pigments into the fibre itself. The result is a colour that fully saturates the fibre. Fibres are designed for fastness properties and uniformity in colour in order to prevent garments from losing colour during washes. Spun-dyed viscose fibres are designed to eliminate conventional fabric dyeing and washing-off steps leading to huge water conservation.

The Material Health Certificate issued by the Cradle to Cradle Products Innovation Institute uses the material health assessment methodology of the Cradle to Cradle CertifiedTM Product Standard to provide manufacturers with a trusted way to communicate their work towards chemically optimized products. To achieve a Material Health Certificate, a product must meet the same requirements at each level of the Material Health section of the Cradle to Cradle CertifiedTM Product Standard, plus a continuous improvement/optimization requirement.

The Cradle to Cradle standard assesses product safety in context of people and the environment, as well as product design for material reuse. Based on the Cradle to Cradle 'industrial design philosophy', its purpose is to eliminate waste and to encourage products to be developed for closed-loop systems.

Shares of GRASIM INDUSTRIES LTD. was last trading in BSE at Rs.1024 as compared to the previous close of Rs. 1037.75. The total number of shares traded during the day was 20903 in over 653 trades.

The stock hit an intraday high of Rs. 1047.75 and intraday low of 1022.75. The net turnover during the day was Rs. 21514363.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Brigade Enterprises Ltd Q1 PAT zooms to Rs. 62.51 crores

Parnax Lab Ltd consolidated Q1 PAT jumps to Rs. 0.72 crore

Vipul Organics Ltd Q1 net profit jumps to Rs. 0.76 crore

Nikhil Adhesives Ltd posts Rs. 1.28 crore in Q1FY19

Gayatri Projects Ltd Q1 PAT up at Rs. 50.36 crores

Vivanza Biosciences Ltd Q1 net profit higher at Rs. 0.09 crore

Sreeleathers Ltd posts higher PAT of Rs. 5.25 crores in Q1

SAT Industries Ltd consolidated net profit at Rs. 3.49 crores in Q1

Websol Energy System Ltd reports loss of Rs. 3.69 crores in Q1

Aryaman Financial Services Ltd Q1 net profit jumps to Rs. 1.44 crore

Suven Life Sciences Ltd Q1 PAT rises to Rs. 38.84 crores

Khadim India Ltd Q1 PAT slips to Rs. 7.40 crores

VMS Industries Ltd Q1 net profit at Rs. 0.35 crore

Bharat Parenterals Ltd Q1 PAT zooms to Rs. 5.30 crores

Somi Conveyor Beltings Ltd posts PAT of Rs. 0.21 crore in Q1FY19

Bhagiradha Chemicals & Industries Ltd reports profit in Q1FY19

BGR Energy Systems Ltd reports loss in Q1FY19

Captain Polyplast Ltd reports consolidated net profit of Rs. 0.42 crore in Q1

Indian Acrylics Ltd Q1 FY2018-19 net profit climbs to Rs. 3.59 crores

Ishan Dyes & Chemicals Ltd Q1FY19 net profit rises to Rs. 2.48 crore

Weizmann Forex Ltd Q1 net profit up at Rs. 7.02 crores

Aster DM Healthcare Ltd Q1 consolidated PAT at Rs. 20.35 crores

Rathi Bars Ltd posts net profit of Rs. 0.60 crore in Q1

Indo Borax & Chemicals Ltd Q1 PAT surges to Rs. 5.78 crores

Cox & Kings Ltd Q1FY19 PAT declines to Rs. 66.62 crores

Scanpoint Geomatics Ltd Q1 net profit climbs to Rs. 0.37 crore

WPIL Ltd posts surge in PAT to Rs. 24.18 crores in Q1FY19

Emkay Global Financial Services Ltd reports consolidated PAT of Rs. 6.68 crores in Q1

Jyoti Resins & Adhesives Ltd Q1 net profit climbs to Rs. 0.27 crore

Uniply Industries Ltd posts Rs. 3.02 crore PAT in Q1

Mohota Industries Ltd Q1 net profit up at Rs. 2.45 crore

Vamshi Rubber Ltd posts Q1 net profit of Rs. 0.34 crore

Eldeco Housing & Industries Ltd posts net profit of Rs. 6.51 crores in Q1FY19

Kerala Ayurveda Ltd Q1 net profit at Rs. 0.45 crore

Siyaram Silk Mills Ltd posts net profit of Rs. 9.91 crores in Q1

NLC India Ltd reports Q1 PAT of Rs. 319.63 crores

S P Apparels Ltd Q1 consolidated net profit at Rs. 12.58 crores

Sinclairs Hotels Ltd Q1 PAT declines to Rs. 3.78 crores

Rishi Laser Ltd Q1 net profit at Rs. 0.50 crore

Mayur Uniquoters Ltd Q1 net profit marginally up at Rs. 25.59 crores

RPP Infra Projects Ltd Q1 net profit at Rs. 6.41 crores

Ducon Infratechnologies Ltd reports higher Q1 net profit of Rs. 3.14 crores

Bharat Rasayan Ltd Q1 net profit at Rs. 24.98 crores

Indag Rubber Ltd reports PAT of Rs. 2.91 crore in Q1FY19

Asian Oilfield Services Ltd Q1 consolidated PAT slides to Rs. 2.45 crore

La Opala RG Ltd Q1 net profit climbs to Rs. 14.48 crores

Superhouse Ltd Q1 PAT jumps to Rs. 5.64 crores

Saurashtra Cement Ltd Q1 net profit falls to Rs. 4.93 crore

Mahamaya Steel Industries Ltd Q1 net profit rises to Rs. 3.90 crores

Navkar Corporation Ltd Q1 PAT at Rs. 30.13 crores





Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018