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.

 Why AuraPHA?

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).

Related Posts

Texas Smokehouse secures funding, set to open 100 outlets in its first phase of expansion in India

Chandigarh [India], February 14: Texas Smokehouse, India’s first-ever smoked chicken QSR brand, is making bold moves to disrupt the country’s fast-food industry. Yummify Foods & Beverages Pvt Ltd, the parent…

‘Bharat Tex 2025 Set To Be A Game Changer’ , Bhadresh Dodhia , Chairman, MATEXIL

Mumbai (Maharashtra) [India], February 13:  Bharat Tex 2025, India’s largest and most comprehensive textile event, is set to take place from February 14 to 17, 2025, at Bharat Mandapam, New…

You Missed

Abhijeeth Bhattacharjee and Sangitanjaly Foundation Pay Tribute to Ustad Zakir Hussain at Assi Ghat, Varanas

  • By
  • February 13, 2025
Abhijeeth Bhattacharjee and Sangitanjaly Foundation Pay Tribute to Ustad Zakir Hussain at Assi Ghat, Varanas

Arrow Greentech Ltd. Showcases Sustainable Water-Soluble Film Innovation at ICSCE Buyer-Seller Meet 2025

  • By
  • February 10, 2025
Arrow Greentech Ltd. Showcases Sustainable Water-Soluble Film Innovation at ICSCE Buyer-Seller Meet 2025

Waste Crisis Exposed: Are We Ignoring the Reality?

  • By
  • February 7, 2025
Waste Crisis Exposed: Are We Ignoring the Reality?

Yog Yatra: A Journey of Unity and Transformation

  • By
  • February 7, 2025
Yog Yatra: A Journey of Unity and Transformation

Global Coffee Chain Makes Indian Debut: Jamaica Craft Cafe Opens Premier Outlet at Motia Guildford Square

  • By
  • February 5, 2025
Global Coffee Chain Makes Indian Debut: Jamaica Craft Cafe Opens Premier Outlet at Motia Guildford Square

4th Bollywood Maha Arogya Shivir successfully organised Doctor 365 and RK HIV AIDS Research and Care Centre

  • By
  • February 5, 2025
4th Bollywood Maha Arogya Shivir successfully organised  Doctor 365 and RK HIV AIDS Research and Care Centre