February 22, 2025 – Balrampur Chini Mills Limited (NSE: BALRAMCHIN, BSE: 500038) has marked a significant milestone with the foundation stone laying ceremony for India’s first industrial-scale Polylactic Acid (PLA) biopolymer plant at Kumbhi, Uttar Pradesh. The event was graced by Hon’ble Chief Minister of Uttar Pradesh, Shri Yogi Adityanath Ji, reinforcing the state's commitment to sustainable industrial growth.
Project Highlights:
- Investment: ₹2,850 crore
- Production Capacity: 80,000 tonnes per annum
- Technology: Cutting-edge global PLA production technology
- Sustainability:
- Powered entirely by 100% renewable energy
- Emits 68% less greenhouse gases than conventional plastics
- Supports India’s circular economy and Swachh Bharat initiatives
Impact on Industry & Economy:
- Employment Generation:
- 225 direct jobs in manufacturing, R&D, and operations
- 2,000+ indirect jobs across the value chain
- Environmental Impact:
- Produces 100% industrially compostable PLA, replacing banned single-use plastics
- Can be anaerobically digested to generate biogas and fertilizer
- Strategic Importance:
- Positions Uttar Pradesh as a key hub for biopolymer production
- Attracts foreign and domestic investments
- Aligns with Atmanirbhar Bharat and global sustainability goals
Management Commentary:
Mr. Vivek Saraogi, Chairman & Managing Director, Balrampur Chini Mills Limited, stated:Ms. Avantika Saraogi, Executive Director, Balrampur Chini Mills Limited, added:"The establishment of India’s first PLA biopolymer facility marks a monumental leap in our nation’s sustainability journey. This investment strengthens India’s position as a global leader in biopolymer manufacturing."
"This plant showcases the synergy between progressive policy frameworks and private-sector innovation. It will make India a major player in the global bio-based economy."
About Balrampur Chini Mills Limited
BCML is among India’s largest integrated sugar companies, with:- 10 sugar factories across Uttar Pradesh
- 80,000 TCD aggregate crushing capacity
- 1,050 KLPD distillery operations
- 175.7 MW power cogeneration capacity