Balrampur Chini raises Rs. 450 crore for bioplastics and expansion projects
Balrampur Chini Mills has raised Rs. 450 crore to support expansion projects and its growing focus on bioplastics manufacturing in Uttar Pradesh.
The funding will be utilised for new industrial projects, including development of sustainable and biodegradable material solutions.
Bioplastics are emerging as a key growth segment amid rising environmental concerns and increasing restrictions on conventional plastics.
The company has been actively diversifying beyond sugar into ethanol, green chemicals, and sustainable manufacturing segments.
The expansion reflects broader industry efforts to align industrial growth with sustainability-driven opportunities.