Maruti Suzuki Toyotsu India (MSTI) on Tuesday commenced the operations of its End-of-Life Vehicles (ELVs) scrapping and recycling unit.Notably, the facility was inaugurated by Union Minister of Road Transport and Highways Nitin Gadkari on .
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NEW YORK, March 8, 2021 /PRNewswire/ Most of the people living in Indian cities are still not wealthy, which is why the need for cost-effective public transportation, especially for short distances, has always been high. This factor is expected to propel the Indian electric rickshaw market at a 33.3% CAGR between 2020 and 2025. At this rate, the market size will likely rise to $1,394.2 million by 2025 from $786.2 million in 2019, according to the market research report published by P&S Intelligence.
Rides on electric rickshaws in the country, which are typically 1 km long, cost around INR 10 per head, which is way cheaper than sharing a two-wheeler or car or taking an autorickshaw. Moreover, if four people share an e-rickshaw for 5 km, the per person cost comes out to be INR 15, and the driver earns INR 120. Hence, another reason for the growth of the Indian electric rickshaw market is the favorable operational cost dynamics these vehicles o
PLASTICS and LyondellBasell Collaborate on First Paving Project Using Recycled Plastic
The Plastics Industry Association (PLASTICS) in collaboration with LyondellBasell today announced the use of the equivalent of 71,000 plastic retail bags to pave 2,885 square yards of the LyondellBasell Cincinnati Technology Center parking lot in Ohio using recycled polyethylene (rPE).
Parking lot at LyondellBasell s Cincinnati Technology Center using recycled polyethylene (rPE)
This was the first installation of the New End Market Opportunities (NEMO) for Film Asphalt Project which added over 4,000 pounds of rPE into hot asphalt. With a focus on extending the life of plastic waste, this research project if successful, could be used in paving a future parking lot using 20,000 pounds of rPE or 1.5 million plastic bags.