Grasim Industries Limited — Updates, 28-10-2024: Press Release

Grasim Industries Limited announces a strategic partnership with Circ, a US-based textile recycling innovator, to enhance textile recycling. Birla Cellulose will procure up to 5,000 tons of Circ's pulp annually over five years, which will be converted into lyocell staple fiber. This collaboration aims to promote sustainability in the textile industry, facilitating access to recycled materials and advancing a circular economy, while addressing the growing demand for eco-friendly options in fashion.