Hi-Green Carbon Limited — Important, 29-12-2024: Updates

The company has received a Product Life Cycle Assessment (PLCA) report demonstrating the environmental benefits of its Recovered Carbon Black (rCB) produced through the pyrolysis of waste tyres. This method significantly reduces greenhouse gas emissions compared to traditional carbon black production and other disposal methods like incineration and unmanaged pyrolysis. The report highlights that the GWP for 1 kg of Hi-Green Carbon's rCB is only 0.23 kg CO2e, which is a fraction of the emissions from conventional methods. Additionally, the company's ongoing installation of a solar panel system at its Bhilwara facility is expected to further decrease emissions by approximately 25%. Overall, this aligns with Hi-Green Carbon’s commitment to sustainability and the circular economy, presenting a positive outlook for environmentally conscious investors.