Investment in the environment-friendly BioPlastics (PHA) technology, Technology Tie-Up / Joint Venture with AuraPHA to produce Biodegradable Plastics
New Delhi (India), January 19: Vikas Ecotech Limited is pleased to announce its plans to invest in the environment-friendly BioPlastics (PHA) technology and in the advance stage of finalising a Technology Tie-Up/Joint Venture with Aurapha Private Ltd. (the ‘AuraPHA’) to produce Biodegradable Plastics.
The concerns over the impact of the conventional plastic material on the environment are eminently visible. The solution is to adopt to biodegradable plastics such as Poly-Hydroxy-Alkanoates (PHA). PHAs are biopolymers synthesized by various types of bacteria and are bio-degradable in nature, produced from renewable resources through an eco-friendly process. Vikas Ecotech has been exploring this opportunity and working in its ways for developing eco-friendly viable alternatives.
Realising potential of environment friendly Bio Plastics concept, Vikas Ecotech has decided to start investing in that direction and in this very pursuit eyeing a Technology Tie-Up / Joint Venture with AuraPHA to produce Biodegradable Plastics on industrial scale. Initially a pilot plant for producing Biodegradable plastics shall be set-up which will eventually, with further investments, scaled up in in various well-organized phases.
In addition, in order to push the company’s keen interest in developing a variety of Bio Degradable materials to replace conventional plastics for different application areas, Vikas Ecotech is actively exploring various proposals for acquisition of necessary the technology to produce PBAT (Polybutylene adipate terephthalate), specifically to manufacture environment friendly carry bags, which are presently made of conventional plastic materials and are cause of severe environmental concerns across the world.
Defence Research and Development Organization (DRDO), Ministry of Defence, Government of India has developed certain technologies for developing Bio-degradable polymer granules of PBAT (Polybutylene adipate terephthalate) to manufacture bio-degradable carry bags, and Vikas Ecotech will be pursuing this opportunity starting with submitting an expression of interest (EOI)/its credentials for obtaining the same.
What are Bio Plastics?
Biodegradable plastics are materials are an environment friendly alternative to the conventional plastic materials in lay man terms. The reason for the name “Biodegradable” materials is that these can be decomposed by the action of living organisms, usually microbes, into water, carbon dioxide, and biomass, thus these Biodegradable plastics can be disposed in safe and ecologically sound manner through disposal processes (waste management) like composting, soil applications and biological waste water treatment with a negligible or minimal impact on environment.
AuraPHA or say Aurapha Private Limited is a registered entity in Virudhunagar, Tamilnadu, India founded by renowned micro-biologist Dr. P. Murugan, (Ph. D in Microbiology from The University of Science, Malaysia) who has been awarded an international grant to develop necessary technologies to produce PHAs on industrial scale.
AuraPHA successfully established a laboratory scale project and is all set to start a pilot project/plant for producing PHAs which can be used in making “Single-Use Biodegradable Plastic Materials” and Innovative and Futuristic Materials like “Slow-Release Fertilizers” and Niche Matrices to facilitate “Re-cycling of Aqua Culture Systems”, which are highly relevant to the future of our country.
Vikas Ecotech Ltd. is a New Delhi based company engaged in the business of Speciality Polymers & Specialty Additives and Chemicals for Plastics & Rubbers industries, catering to a wide horizon of applications in Agriculture, Infrastructure, packaging, electrical, footwear, pharmaceuticals, automotive, medical devices and components and other consumer goods.
Vikas Ecotech is the only manufacturer of Organotin (Heat Stabilizers for Vinyl applications) in lndia. with in-house R&D facilities and is one of the single digit number of manufacturers of this product worldwide, who have technology and expertise for manufacturing this material right from Tin Metal to the final product.
Vikas Ecotech is expanding its business and product portfolio has added many consumer (final) products to its conventional (raw material businesses) profile. The new business segments include Infrastructure Products like Steel Pipe Fittings, MDPE Pipes for Gas applications to its business lines.
The securities of the Company are listed on both the Stock Exchanges, BSE (Scrip Code: 530961) and NSE (Scrip Code: VIKASECO).
11 thoughts on “Investment in the environment-friendly BioPlastics (PHA) technology, Technology Tie-Up / Joint Venture with AuraPHA to produce Biodegradable Plastics”
A lot of whatever you articulate happens to be astonishingly appropriate and it makes me wonder the reason why I had not looked at this with this light previously. This particular piece really did switch the light on for me as far as this specific subject goes. Nevertheless there is actually 1 issue I am not too comfy with so while I attempt to reconcile that with the actual central theme of the point, let me observe what the rest of your readers have to point out.Nicely done.
Hiya, I am really glad I’ve found this info. Nowadays bloggers publish only about gossips and net and this is really frustrating. A good site with exciting content, this is what I need. Thanks for keeping this web-site, I will be visiting it. Do you do newsletters? Cant find it.
I will right away snatch your rss feed as I can not in finding your e-mail subscription hyperlink or newsletter service. Do you have any? Please let me realize in order that I may just subscribe. Thanks.
Just desire to say your article is as amazing. The clarity for your submit is just great and i can assume you are a professional in this subject. Well with your permission allow me to seize your RSS feed to stay updated with coming near near post. Thanks one million and please carry on the gratifying work.
Fantastic web site. Lots of helpful information here. I¦m sending it to several buddies ans also sharing in delicious. And certainly, thanks in your sweat!
Thanks for your marvelous posting! I certainly enjoyed reading it, you could be a great author.I will always bookmark your blog and definitely will come back sometime soon. I want to encourage you continue your great job, have a nice afternoon!
I’m not that much of a internet reader to be honest but your blogs really nice, keep it up! I’ll go ahead and bookmark your site to come back later. Cheers
Hey this is kinda of off topic but I was wondering if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding skills so I wanted to get advice from someone with experience. Any help would be greatly appreciated!
Howdy! I could have sworn I’ve been to this blog before but after reading through some of the post I realized it’s new to me. Anyways, I’m definitely glad I found it and I’ll be bookmarking and checking back frequently!
Hey very cool blog!! Guy .. Excellent .. Wonderful .. I’ll bookmark your web site and take the feeds additionally…I am happy to seek out a lot of helpful info right here within the post, we’d like develop more techniques in this regard, thanks for sharing. . . . . .
Your place is valueble for me. Thanks!…