MARKET & ECONOMY​

Textile value chain is one of the worst solid waste generator and liquid effluent discharger. Polyester is the largest consumed textile fibre and owing to its non-biodegradability poses major eco concern. Recycling provides feasible option of reduction at source and consumption of waste, say Dr Ashok Athalye and Aakriti Mohanty.

Rossari Biotech Limited – a specialty chemicals manufacturer providing intelligent and sustainable solutions for customers in industries like for home & personal care, textiles, animal health and nutrition, etc – has agreed to acquire Unitop Chemicals Pvt Ltd for Rs 4.21 billion.