India needs better material, not more recycling to overcome its plastic problem: Bambru CEO Vaibhav Anant. Company trade news

Bambru, a metamatorial innovation company, has developed packaging solutions using renewable ingredients such as bamboo, marine algae and other natural fibers. The idea is that these products perform like plastic but disintegrate without damaging the environment. Bambru In 2018, single-use was established to make commercially viable options for plastic. The company alone has seen an … Read more

Indorama to pick up 24.9% stake in EPL Ltd from Blackstone for $200 million | Company Business News

Bengaluru: Indorama Ventures Europe (IVE) will acquire a minority stake of about 24.9% in EPL Limited, a global specialty packaging company and manufacturer of laminated tubes, from private equity firm Blackstone for $200 million. The sale, which is expected to be completed in the coming months, is pegged at ₹240 a share and is subject … Read more