Indore based Green Earth Innovations (GEI),
today staked claim that its Indian patented technology for extraction
of fuel from plastic waste, is ready for commercialisation. "We have
reversed the chemistry to extract fuel from plastics. Plastic is
by-product of hydrocarbon, our innovation has reversed the
process-thermal de-polymerisation-to manufacture oil from plastic using a
catalyst," claimed Manoj Sharma, promoter of the company. "The Indian
Institute of Petroleum, Dehradun has certified our technology, and we
have been granted an Indian patent for it," he claimed. "Using this low
cost technology all grades of plastic can be used to extract fuel,
barring PVC and pet bottles," Sharma said adding that conversion cost by
the plant works out to be Rs 7 per one kg of plastic waste. "The fuel
extracted from plastic waste using our technology can be used to run
Bharat stage-II vehicles and also for industrial purposes like running
DG sets, heavy pumps, hot mix plants," he claimed, while demonstrating
the technology. "The extracted fuel from plastic waste is equivalent to
diesel," Sharma claimed. "The plant for extraction can be set up with
capacity ranging from 1 metric tonne (MT) to 30 MT per day and 1,000
litres of oil can be extracted from 1 MT plastic waste on daily basis,"
he claimed adding that one 1 MT capacity plant can produce 1,000 litres
of oil in three hours. The company, a joint venture between Jadavpur
University Kolkata ex-professor Nilachal Bhattacharya, and Sharma, has
set up a plant of 10 metric tonne (MT) capacity based on this
technology, on the outskirts of Indore in Madhya Pradesh. The company
is now offering technology on franchise model, claiming it to be an
environment friendly solution for the disposal of plastic.
BULLION ASSOCIATION SUPPORTS MODI The Bombay Bullion Association Ltd (BBA), the apex body of bullion and jewellery bodies in the country, has announced its support for Gujarat Chief Minister Narendra Modi as BJP's prime ministerial candidate. BBA president Mohit Kamboj along with some others joined BJP in the presence of senior party leader Gopinath Munde here yesterday. BBA had extended its support to Modi as the UPA government had brought about a "policy paralysis" in the economy, Kamboj said. "There are over 50 lakh workers associated with the bullion and gold industry, which has been facing the brunt of the current policies of the UPA government. "We at BBA strongly believe that a Modi-led NDA government would normalise the industry by introducing friendly policies," he added. Members of Bharat Diamond Bourse have said they will host Modi at a function at Bandra-Kurla Complex here on Sept. 30. BJP president Rajnath Singh had last ...
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