We want to enter road construction, flooring
ECONOMY & POLICY

We want to enter road construction, flooring

To decarbonise the construction and building sector, which is associated with the highest CO2 footprint in the world, RecycleX developed the idea of innovative building materials using different waste streams. The company has already received acclaim for its work, winning the India-Australia Circular Economy Challenge (2021), SEEDS Low Carbon Technology Awards (2021) and the Youth Ecopreneur Award (2021) from the World Trade Organisation. Abhishek Chhazed, Co-Founder, RecycleX, discusses funding for the waste-to-wealth venture, the cost-to-profit ratio in using recycled plastic, multiple awards won by the firm, challenges involved in the sourcing of these sustainable materials, and more, in conversation with R SRINIVASAN. Excerpts:

What was the inspiration behind RecycleX?
As entrepreneurs, we always think of solving big problems to make big business as well as a big impact. The construction and building sector is associated with the highest CO2 footprint in the world...

To read the full story, CLICK HERE

To decarbonise the construction and building sector, which is associated with the highest CO2 footprint in the world, RecycleX developed the idea of innovative building materials using different waste streams. The company has already received acclaim for its work, winning the India-Australia Circular Economy Challenge (2021), SEEDS Low Carbon Technology Awards (2021) and the Youth Ecopreneur Award (2021) from the World Trade Organisation. Abhishek Chhazed, Co-Founder, RecycleX, discusses funding for the waste-to-wealth venture, the cost-to-profit ratio in using recycled plastic, multiple awards won by the firm, challenges involved in the sourcing of these sustainable materials, and more, in conversation with R SRINIVASAN. Excerpts:What was the inspiration behind RecycleX?As entrepreneurs, we always think of solving big problems to make big business as well as a big impact. The construction and building sector is associated with the highest CO2 footprint in the world...To read the full story, CLICK HERE

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement