Pyramid Technoplast Limited is set to kick off operations at its Unit IX recycling plant on October 4, 2025, marking a crucial step in its sustainability journey. Located on 4447.80 sq. m of land acquired in Bharuch, this facility is designed for recycling HDPE plastic packaging and other plastic products.
Key Highlights:
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The plant boasts a 5,000 metric tons annual recycling capacity, expected to fulfill 10–12% of Pyramid’s raw material requirements, boosting cost savings and margins.
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This strategic move reduces import dependence, enhancing supply chain resilience and promoting self-sufficiency in polymer sourcing.
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The project entails a capital investment of ₹8–10 crores, promising a swift payback period of 4 years, reflecting efficient capital deployment.
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Aligned with India’s sustainability goals, the plant significantly contributes to plastic waste reduction and bolsters Pyramid’s ESG standing.
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Further supporting its green agenda, Pyramid is transitioning its thermal power operations to a 15 MW renewable solar power plant. This dual approach underlines the company’s commitment to long-term value creation and environmental stewardship.
Source: Company Disclosure to the Stock Exchanges