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RESGEN

ResGen Ltd

Industry: Oil & Gas - Refining & Marketing

MarketCap: .... Rank : ...

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About ResGen Ltd

Overview

ResGen Ltd is an Indian company that specializes in the chemical recycling of plastic waste. The company was founded in 2018 and is headquartered in Palghar, Maharashtra. ResGen's flagship product is PlasEco, a pyrolysis oil that is a substitute for furnace oil. PlasEco can be used in a variety of industrial applications, including power generation, cement manufacturing, and steel production.

History

ResGen was founded by a team of engineers and entrepreneurs with a passion for environmental sustainability. The company's founders saw the growing problem of plastic pollution and were determined to find a solution that would both reduce waste and create a new source of energy.

ResGen's first commercial plant was commissioned in 2020. The plant has a capacity of 11,000 tonnes of plastic waste per year and produces 1,200 tonnes of PlasEco. The company is currently expanding its production capacity and plans to build a new plant in 2023.

How the company operates

ResGen's chemical recycling process uses a patented technology that converts plastic waste into pyrolysis oil. The process is energy-efficient and produces no harmful emissions. The pyrolysis oil is then refined to produce PlasEco, which is a high-quality fuel that can be used in a variety of industrial applications.

The future

ResGen is well-positioned for growth in the future. The global market for plastic recycling is expected to grow significantly in the coming years, and ResGen is one of the leading companies in this market. The company is also developing new products and technologies that will further improve its environmental impact.

Conclusion

ResGen Ltd is a leading company in the field of chemical recycling. The company is committed to reducing plastic pollution and creating a more sustainable future. ResGen is well-positioned for growth in the years to come, and its products and technologies have the potential to make a significant impact on the environment.

Official website

ResGen Ltd: https://resgen.in/

Milestones

  • 2018: ResGen Ltd is founded.
  • 2020: First commercial plant is commissioned.
  • 2021: PlasEco is launched.
  • 2022: Expansion plans announced.
  • Additional information and interesting facts

  • ResGen's chemical recycling process is 98% efficient.
  • PlasEco has a lower sulfur content than furnace oil, making it a cleaner-burning fuel.
  • ResGen is working on developing new products from plastic waste, such as bioplastics and graphene.
  • Brands and companies

  • PlasEco
  • ResGen Ltd
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