CHEMICAL WASTE
Jail term for delay in giving out ID cards: How compliance overkill mars chemical industry
It is time to do away with the complex and wide-ranging regulatory provisions in the chemical industry if the promising segment, which has a considerable number of MSME players, is to achieve its potential.
Plastic industry among leading contributors to economy, provides huge job opportunities: Govt
The Global Conclave on Plastic Recycling and Sustainability in New Delhi highlighted the importance of the plastic industry in the economy. With a focus on environmental impact and solutions, stakeholders discussed the need for collaboration across sectors. Government regulations, such as the Plastic Waste Management Rules, aim to tackle plastic pollution. The Indian industry is actively working towards improving plastic circularity and meeting regulatory requirements. The event showcased the growth of India's plastic recycling industry and efforts to manage plastic waste effectively through cooperation.
Will finally all the hard work yield results in Modi 3.0? 7 fertilizer stocks with 4 having ‘buy’ reco and upside upside potential of up to 22%
Few months back when it was announced that the fertilizer subsidy bill was seen as lower than expected, the street reacted negatively. The assumption is that if the fertilizer subsidy is going to come down then it is bad for the sector. Now there is another way to look at it, a government which has been ensuring that agriculture gets the right amount of attention and doing the various policy pushes, then why is the overall projected subsidy bill down? Probably, it may be because the government is expecting that policy actions which it has taken over the years will yield results and some of the other non-financial efforts which it will take in the sector will help reduce the bill without having an adverse effect on any stakeholders. Now unlike other sectors like railways where putting more money or making few policy changes has helped the sector, fertilizer is a more complex sector and is bound to take more time for getting the house in order. But then who says that transition for good is painless.
Strong balance sheet & long runaway of sectoral growth: 5 largecap stocks from different sectors with upside potential of up to 37%
When investing in any stocks, be it a large, small or medium cap there has to be one strong reason why one should invest in. It could be a strong balance sheet, strong brand, long runway of growth for the sector. Because if one of these are present in a company then the short term volatility in the market does not matter. They come and go and finally these stocks are able to deliver returns. Especially at a time when the index is forming a new high and sentiment all bullish, it is more important to stay cautious because however strong a bull run might be, it has phases of correction like the one we saw in March and as recently as last week. If one is staying with quality stocks, the probability of faster recovery when bulls are back is high. We look at 5 stocks from different places where either one or more of the three things are present.
Ready for re-rating in Modi 3.0? 7 fertilizer stocks with four having “buy” reco and upside potential of up to 47%
Sometimes, what might appear to be negative development might actually be a sign that the worst is behind the sector. Fertilizer as a sector, both in the business and valuation side has been under performer. The fact is that in the last nine, the government has been making changes in policies which brings this sector out of the clutches of high government subsidy and other age old issues plaguing the sector. Now unlike other sectors like railways where putting more money or making few policy changes has helped the sector, fertilizer is a more complex sector and is bound to take more time for getting the house in order. A balance has to be maintained so that while the operating matrix of the industry improves but at the same time, neither the supply should get disrupted, nor the prices of fertilizer should see a jump to the farmer. What needs to be watched is when companies show the impact of all that has been going on in the sector, sooner or a bit later. To be fair, everything has not been a smooth ride for these companies. But then who says that transition for good is painless.
India will soon have solar power waste to fill 720 Olympic-size swimming pools. It has to urgently find solutions.
The country is betting big on solar energy — and rightfully so. But it is not giving equal importance on managing or recycling the waste that would be generated.
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Plastic pollution keeps growing. Here are three ways to solve it
The main target of the UN Framework Convention on Climate Change is to eliminate net greenhouse gas emissions by 2060.
Thermax unveils new water and waste solutions unit; eyes Rs 1000 crore order book this fiscal
Thermax Ltd, an energy and environment solutions provider, is aiming for an over Rs 1000 crore order book in its water and wastewater solutions business this fiscal. The company announced the opening of its first manufacturing facility for water and wastewater treatment solutions in Pune, with its share price jumping 3.86%. Thermax's water and waste solutions business has grown three times in the last four years and is expected to reach 20-30% annual growth.
How a plan to fix fashion’s waste crisis unraveled in just 12 months
Renewcell’s demise has sent shockwaves through the nascent new-materials sector, leaving many wondering what will become of investors’ appetite for textile innovation.
India among 12 nations responsible for 60 pc of world's mismanaged plastic waste: Report
A new report by Swiss non-profit EA Earth Action reveals that India, along with 11 other countries, is responsible for 60% of the world's mismanaged plastic waste. Despite having low per capita plastic waste production, India is projected to have high levels of mismanaged waste by 2024. The global plastic waste generation has increased by 7.11% since 2021, with an estimated 220 million tons of plastic waste generated this year.
SIBUR processes plastic waste in partnership with Indian companies
SIBUR, Russia's largest plastics producer, partners with Indian businesses to recycle plastic waste. EcoPartners, co-founded by Gaurav Sood, opened Russia's largest plant for recycling plastic packaging waste last year. The plant, Total Cycle, in the Tver region, processes plastic waste into PET flakes. SIBUR supports the plant and purchases PET flakes to produce green PET granules for eco-friendly packaging. This initiative recycles up to 1.7 billion plastic bottles annually. Russia, like India, focuses on environmental protection, with Russia mandating recycling for plastic-packaging manufacturers and considering restrictions on difficult-to-recycle plastics.
Kimitec from Spain joins hands with FIL industries to transform apple fruit industry in India
The partnership aims to transform the horticulture sector in India with a focus on apples and on opportunities in the area of agro-waste management. They will work towards creation of a circular economy for bio-stimulants and smart fertilisers derived from such processes. India will be the largest producer of Bio-waste in 2030 and the FIL-Kimitec partnership, Chabierski says, will focus to work with on upcycling waste management.
Govt revamps pharma scheme; broadens eligibility criteria, brings in flexible financing options
The Indian government has revamped the Pharmaceuticals Technology Upgradation Assistance Scheme (PTUAS) to support drug companies in upgrading their facilities to produce medicines conforming to global standards. The scheme now extends beyond MSMEs to pharmaceutical manufacturing units with a turnover of less than Rs 500 crore that require technology and quality upgradation. The scheme also introduces more flexible financing options, emphasizing subsidies on reimbursement basis.
To solve the plastics crisis, we need to calm down about plastics
Efficiency gains, lifestyle changes and tough regulations are needed to address plastic waste.
Your sense of smell holds clues to your overall health
Since ancient Greek times, we've known that we smell differently when we are unwell. While we rely on blood analysis today, ancient Greek physicians used smell to diagnose maladies.
Power from used batteries: How Bengaluru-based MiniMines can power 66-lakh EVs
A Bengaluru-based cleantech company says it can achieve 96% purity in extracting metals from used batteries. This would mean reduced import dependence for raw materials and a lower carbon footprint.
Reliance becomes first in India to use chemical recycling for circular polymers
Reliance shipped its first batch of ISCC-Plus certified circular polymers, named CircuRepol (Polypropylene) and CircuRelene (Polyethylene). "RIL's commitment to sustainability is demonstrated through its innovative methods like chemical recycling which help create a Circular Economy. The company firmly believes in finding smart solutions to reduce plastic waste and inspire others to join in this journey towards a greener future," the release stated.
How COP28 could impact India's waste-to-energy industry
The technology has been a popular solution for decades for cleaning up streets and generating energy across rich countries such as Japan, Sweden and the US.
Poor EHS compliance a latent risk for pharma, chemical companies
"The general level of awareness and compliance related to EHS (Environment Health & Safety) norms in case of manufacturing companies requires drastic improvement and urgent attention" said Nagaraj Krishnan, managing director, Aparajitha Corporate Services, a tech firm providing compliance solutions to over 2000 companies in India.
Communities can't recycle or trash disposable e-cigarettes. So what happens to them?
Communities in the US are grappling with the safe disposal of millions of disposable e-cigarettes, which are considered hazardous waste. For years, the debate surrounding vaping largely centered on its risks for high school and middle school students. The devices, which contain nicotine and metals such as lithium, cannot be reused or recycled. Local officials have resorted to various methods of disposal, including incineration. Critics argue that the vaping industry has not taken responsibility for the environmental impact of its products.
IIT- Guwahati researchers develop innovative technologies for sustainable utilization of tea waste
In line with the scope of waste to wealth mission (W2W) of Principal Scientific Adviser (PSA), Government of India, this research leverages a key regional resource to promote a more sustainable and diversified economy in the North Eastern states of India. The research will also fulfil the purpose of “Act East Policy” “Advantages Assam” and “Biotechnology” policy of Government of Assam.
Standing Tall! 37 smallcaps offer double-digit gains in a rough week for equity markets
Equity markets closed in the negative zone this week due to cautiousness in global markets. Despite this, Sensex reached an all-time high level. Thirty-seven small-cap stocks delivered double-digit returns during the week, and two mid-cap stocks delivered double-digit returns. Almost all indices ended in the red, with metal and commodity stocks bleeding the most. Analysts predict that the market will consolidate in the near term, and investors should use corrections to buy. Technically, there is weakness in the Nifty index, but new highs are expected to come in time.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Earnings rating is calculated based on three factors - earnings surprises, estimate revisions and recommendation changes.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Profitability, debt, earnings quality and dividend trends are evaluated under the fundamentals component in the report. Each sub-component is given equal weightage to be ranked on a scale of 1 to 10.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component.
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