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Trade Talk

Paper recycling unit

Central Mines Planning and Design Institute (CMPDI), Ranchi, has set up a wastepaper recycling plant with a capacity to recycle 1 tonne of waste paper per month within its campus. CMPDI chief managing director A.K. Debnath, who inaugurated the plant on March 24, described the effort as the first of its kind in Jharkhand. “By planning to utilise the wastepaper generated in its offices, the CMPDI has demonstrated its commitment towards sustainability as well as environment protection,” Debnath said. Recycled paper produced in-house will be utilised to make company letterheads, visiting cards, envelopes, files, and folders, among others. An official said this initiative would reduce the company’s carbon footprint considerably as 1 tonne of paper requires cutting off 17 mature trees and around 10 litres of water are needed to produce one A-4 sized sheet

Mecon MoU

Headquartered in Ranchi, public sector engineering major Mecon Limited signed a memorandum of understanding (MoU) with the Union ministry of steel in New Delhi on March 24 to assure the Centre about achieving targets across various financial and other parameters during the fiscal year 2014-15. Union steel secretary G. Mohan Kumar and Mecon chief managing director A.K. Tyagi signed the MoU in the presence of joint steel secretary Syedain Abbasi

Pure water, sure health

Tata Swach brand of water purifiers on March 20 announced the launch of its premium non-electric water purification solution Tata Swach Silver Boost in Jamshedpur. Ashvini Hiran, chief operating officer (consumer product business) of Tata Chemicals, the 75-year-old company under which Tata Swach brand falls, said: “Dearth of pure drinking water is the root cause of many diseases in our country. We have taken into consideration critical consumer insights while developing Tata Swach Silver Boost. We want to give our consumers a best-in-class product for their safety and health”

Crafting women’s empowerment

Tata Power started an income generation programme under Project Samriddhi at its Maithon power plant on March 21, with a 25-day module to teach women self-help groups, comprising 80 members, how to make jute and straw products. The partner agency will buy items made by women. Bhaskar Sarkar, CEO Maithon Power Limited, Tata Power, said: “Tata Power believes that women are at the centre of India’s social capital. We must aim to motivate women to achieve their dreams and be independent”