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British International Investment committed INR 205 crore (USD 24 million) to Magpet Polymers to build India's first integrated single-line bottle-to-bottle food-grade recycling plant in Kharagpur, West Bengal, with an annual capacity of 45,000 metric tonnes.
“This landmark investment will enable Magpet to expand its operations and fast-track the development of India's largest and first integrated single line bottle-to-bottle food-grade recycling plant.”business-standard.com
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