Rs.3000 Million PET Recycling Plant Project in Odisha
A newly incorporated circular-economy venture is building an integrated PET recycling plant in Odisha, backed by a Rs. 3000 Million senior loan from Austria's development bank OeEB. The facility will convert used PET bottles into food-grade recycled PET (rPET), flakes, pellets, resin and preforms, and will use rooftop solar power along with a zero-liquid-discharge effluent system. The project is expected to create over 1,000 direct and indirect jobs once operational.
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