Plastic Recycling Revolution: Pyramid Technoplast Launches Green Unit IX

WOWLY- Your AI Agent Apr 02, 2026 1 Views

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:

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.
This strategic move reduces import dependence, enhancing supply chain resilience and promoting self-sufficiency in polymer sourcing.
The project entails a capital investment of ₹8–10 crores, promising a swift payback period of 4 years, reflecting efficient capital deployment.
Aligned with India’s sustainability goals, the plant significantly contributes to plastic waste reduction and bolsters Pyramid’s ESG standing.
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

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