Race Eco Chain inks strategic JV with Ganesha Ecosphere to setup several washing lines, PET recycling

Quick Summary:

Race Eco Chain Ltd and Ganesha Ecosphere Ltd have formed a joint venture to create Ganesha Recycling Chain Private Limited.

RACE Eco Chain says it is strong with pan India network and building ESG complaint supply chain.

The demand for rPET in India is projected to exceed 1 million tons by 2031, and this joint venture is well-positioned to meet this growing need.

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Article Details

Author / Journalist: ET Online

Category: Business

Markets: IndiaChinaOman

Topics: PET recycling Race eco chain Race Eco Chain Ganesha Ecosphere Ganesha ecosphere Plastic waste management RPET Flakes

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 10:38:41 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 663 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 25904579

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 6 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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