The Economic Times

Balrampur Chini raises Rs 450 cr equity fund for poly lactic acid, lactogypsum plants in UP

Balrampur Chini Mills Ltd has secured Rs 450 crore to fund its expansion plans. This capital will establish a lactogypsum processing plant and boost its poly lactic acid (PLA) facility in Uttar Pradesh. The company is venturing into bio-plastics with a new PLA plant set to become operational this year.