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

| More

Birla Cellulose's Grasim Vilayat Site Achieves the EU BAT Compliances

Posted On: 2021-06-10 08:51:28 (Time Zone: UTC)


Birla Cellulose's Grasim Cellulosic Division, Vilayat, India has successfully commissioned the Carbon-disulphide Adsorption Plant (CAP) and has achieved the stringent level of sulphur-toair emission norms stipulated in the EU BAT references (EU Best Available Technologies BREFs) for the viscose manufacturing process.

This initiative is in line with Birla Cellulose's aim to apply the best available technologies (EU BAT) at all of its fibre locations and investments of $170 million are in progress in order to achieve this by the end of 2022.

"Adapting the best available technologies is an important milestone towards achieving global leadership in sustainable practices in the MMCF industry", informed Mr H K Agrawal, Chief Operating Officer of Birla Cellulose, "we are investing in innovation to continually improve our performance. This is the reason that our products come with sustainability credentials that are global benchmarks." Birla Cellulose has already achieved Carbon Neutrality in Scope 1 & 2 emissions by sequestration of carbon in its managed forests. Birla Cellulose is also ranked #1 in Canopy's Hot Button Report for its sustainable forestry practices and innovations in NextGen solutions. Birla Cellulose has also established the global benchmark for lowest water intensity in the viscose manufacturing.

Grasim Vilayat has installed state-of-the-art closed-loop technologies to recover and recycle CS2, which is the key raw material for viscose manufacturing process. With these technologies, the site is able to significantly reduce its emissions and achieve 90-95% recovery in terms of sulphur and recycle it back to the process. In addition to this, the site also meets all other EU BAT parameters. This was confirmed by an audit conducted by Sustainable Textile Solutions, UK (STS) recently. The site also meets the ZDHC MMCF responsible viscose production standards.

Vilayat is one of Birla Cellulose's flagship sites and post the ongoing expansion, it will be the world's largest MMCF manufacturing site. The on-going expansion project at Vilayat site is also designed to comply with EU BAT requirements and designed to achieve low energy consumption.

The Vilayat will supply eco-enhanced fibres, Livaeco by Birla Cellulose™ (Viscose & Modal variants) to sustainability conscious Brands globally. Livaeco by Birla CelluloseTM range of products comes with outstanding sustainability credentials such as EU BAT norms, FSC® certification, low water and energy consumption and complete supply chain traceability from forest-to-fashion using GreenTrack™ platform.

Shares of GRASIM INDUSTRIES LTD. was last trading in BSE at Rs.1491.55 as compared to the previous close of Rs. 1503.85. The total number of shares traded during the day was 118432 in over 6471 trades.

The stock hit an intraday high of Rs. 1527.35 and intraday low of 1485. The net turnover during the day was Rs. 179003397.


Source: Equity Bulls

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


Other Headlines:

Promoters of Capacite Infraprojects Limited have sold shares worth Rs. 70.56 crores

B L Kashyap and Sons Ltd secures new orders of Rs. 135 crores

CRIISL reaffirms ratings of Thomas Cook India Limited

Ushdev International Ltd consolidated Q4FY21 loss at Rs. 1.90 crore

Simplex Castings Ltd Q4FY21 consolidated PAT at Rs. 9.93 crore

Mallcom India Ltd Board approves final dividend of Rs. 3

Patels Airtemp India Ltd board recommends dividend of Rs. 2.50 for FY21

NTPC Ltd board recommends final dividend of Rs. 3.15

Karur Vysya Bank donates 10 ambulances to TN Health Systems Project in the presence of Honorable CM of Tamil Nadu under CSR initiative

Mallcom India Ltd reports consolidated PAT of Rs. 10.38 crores in Q4FY21

Continental Chemicals Ltd posts Rs. 9.97 lakhs PAT in Q4FY21

Patels Airtemp India Ltd Q4FY21 consolidated net profit slips to Rs. 3.01 crore

NTPC Ltd reports Rs. 4649.49 crores consolidated PAT in Q4 FY2020-21

Craftsman Automation Limited's Ratings upgraded to 'CRISIL A / Stable / CRISIL A1

Apollo Proton Cancer Centre Organises Drive-thru Vaccination Camp

HLV Limited board approves preferential issue to promoter group

Alkem Laboratories receives 2 observations from USFDA for manufacturing facility located at St. Louis, USA

Raj Packaging Industries Ltd Board recommends Final Dividend of 5%

HDFC to sell 3,55,67,724 shares of HDFC ERGO to HDFC Bank Ltd

HDFC Bank to classify Aruna Hotels Ltd's bank account as Standard Account effective Q1 FY2021-22

KDDL Ltd Board approves Dividend of Rs. 1.50

Sheela Foam celebrates 50 years of bringing healthy comfort to your lives

Apollo Hospitals Chennai introduces Sputnik V vaccination

Galaxy Surfactants Ltd. launches their new Homecare brand Galaxy Hearth™

Kernex Microsystems India Ltd Q4FY21 consolidated PAT jumps to Rs. 3.04 crore

Asian Energy Services Ltd reports Rs. 2.57 crore consolidated PAT in Q4FY21

HLV Ltd Q4FY21 loss at Rs. 1.42 crore

Muthoot Capital Services Ltd Q4FY21 PAT slides to Rs. 9.05 crore

Galaxy Bearings Ltd Q4FY21 PAT lower at Rs. 2.01 crore

Shiva Suitings Ltd Q4FY21 loss at Rs. 3.61 lakhs

Raj Packaging Industries Ltd reports net profit of Rs. 68.05 lakhs in Q4 FY2020-21

Nila Infrastructures Ltd Q4FY21 consolidated PAT at Rs. 4.64 crore

Vakrangee Ltd posts Q4FY21 consolidated PAT of Rs. 20.79 crores

ICICI Bank Outlook revised to Stable from Negative, ratings affirmed

CRISIL downgrades rating on long-term bank facilities of BHEL

TIMKEN India Ltd board recommends final dividend of Rs. 1.5

HDFC Bank Ltd board recommends dividend of Rs. 6.50

Birla Cable Ltd Board recommends dividend of Rs. 1

Precot Limited Q4FY21 consolidated PAT at Rs. 29.05 crores

RattanIndia Power Ltd Q4FY21 consolidated PAT at Rs. 39.32 crores

TIMKEN India Ltd posts net profit of Rs. 52.93 crores in Q4FY21

GMR Infrastructure Ltd Q4FY21 consolidated loss at Rs. 723.36 crores

Revathi Equipment Ltd Q4FY21 consolidated loss at Rs. 1.37 crore

Birla Cable Ltd reports net profit of Rs. 6.32 crores in Q4FY21

India Motor Parts and Accessories Ltd board recommends dividend of Rs. 10

ALTBalaji direct subscriptions up 42% year on year

Centrum and BharatPe Set To Create A New Age Bank

K P International Pvt Ltd announces expansion project

Texprocil honours Trident - Gold Trophy in the category of highest global exports

NBCC India Ltd awards EPC order to NCC Ltd


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

disclaimer copyright © 2005 - 2020