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Balrampur Chini raises Rs 450 crore to ramp up bio plastics in Uttar Pradesh

Business
Published on 10 May 2026
Balrampur Chini raises Rs 450 crore to ramp up bio plastics in Uttar Pradesh

A sugar giant is betting big on bio plastics

Balrampur Chini Mills Ltd has raised Rs 450 crore through an equity fund to expand capacity in Uttar Pradesh. The investment will support a new lactogypsum processing plant and scale up its poly lactic acid (PLA) facility as it pushes into bio plastics. A new PLA unit is expected to start operations this year, signaling a shift beyond traditional sugar businesses.

  • Balrampur Chini secured Rs 450 crore equity for expansion
  • New lactogypsum plant planned in Uttar Pradesh
  • PLA facility will be boosted with bio plastics focus
  • New PLA plant aimed to start operations this year
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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