{"id":128119,"date":"2022-03-04T11:34:24","date_gmt":"2022-03-04T16:34:24","guid":{"rendered":"https:\/\/44.250.171.167\/?p=128119"},"modified":"2023-06-01T01:13:00","modified_gmt":"2023-06-01T05:13:00","slug":"pondy-oxides-chemicals-ltd-has-entered-into-a-partnership-with-ace-green-recycling-ace-to-set-up-the-worlds-largest-ghg-emission-free-battery-recycling-facility","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/pondy-oxides-chemicals-ltd-has-entered-into-a-partnership-with-ace-green-recycling-ace-to-set-up-the-worlds-largest-ghg-emission-free-battery-recycling-facility\/","title":{"rendered":"Pondy Oxides & Chemicals Ltd (POCL) has entered into a partnership with ACE Green Recycling (ACE) to set up the world’s largest GHG emission-free battery recycling facility"},"content":{"rendered":"\n

Pondy Oxides & Chemicals Ltd<\/a><\/strong> (PONDYOXIDE | 532626) has entered into a partnership with ACE Green Recycling<\/a><\/strong> (ACE) to set up the world’s largest GHG emission-free battery recycling facility. The deal is worth USD12 million and is spanning a time frame of 10 years.It will be set up in Chittoor, Andhra Pradesh, India. POCL is India\u2019s first and only 3N7 Lead brand registered on the London Metal Exchange (LME) and it has been in the metals, chemicals and battery recycling business for more than 27 years.<\/p>\n\n\n\n

The traditional lead-acid battery recycling includes smelting process with temperatures of more than 1,000\u00b0 C for producing significant GHG emissions. The new technology operates at room temperature and it works using electricity, produces zero GHG and releases oxygen into the air which minimizes solid waste. This would even  reduce the carbon footprint on a global scale as POCL is also involved in exporting their products to international customers in South Korea, Japan, Thailand, Indonesia, the Middle East, the US and Europe. <\/p>\n\n\n\n

Nischay Chadha, Co founder & CEO, ACE said in his speech that there is a huge demand for an environmentally \u2013friendly battery recycling solution as the world\u2019s population pushes towards more sustainable and efficient consumption and production. Vipin Tyagi, Co-founder & CTO, ACE said in his speech that “We are excited to be partnering with POCL in helping them to improve their environmental footprint\u201d. [Source: Business Wire]<\/p>\n\n\n\n

Mr. Ashish Bansal, Managing Director, POCL highlighted that the company is constantly investing in R&D to keep itself  up to date with the latest technologies and ever-changing customer need. K. Kumaravel, Director of Finance, POCL has said that this partnership with ACE Green Recycling is a positive headway in the green technology space. [Source: Business Wire]<\/p>\n\n\n\n

The new ACE Technology is expected to start its operation in Q4 2022 and it will scale up in phases.  Over the 10 years, 30,000sqm facility is projected to recycle more than 28 million lead-acid batteries and prevent the emission of 500 million kg of GHG, prevent 40 million kg of solid waste, produce 17 million kg of enough oxygen for 55,000 people, recycle 28 million kg of plastic, and provide green jobs for the community.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Pondy Oxides & Chemicals Ltd (PONDYOXIDE | 532626) has entered into a partnership with ACE Green Recycling (ACE) to set up the world’s largest GHG emission-free battery recycling facility. The deal is worth USD12 million and is spanning a time frame of 10 years.It will be set up in Chittoor, Andhra Pradesh, India. POCL is India\u2019s first […]<\/p>\n","protected":false},"author":1796,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[10444],"tags":[9847],"class_list":["post-128119","post","type-post","status-publish","format-standard","hentry","category-others","tag-lead-alloys"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":127844,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-chemicals-response-to-queries-of-investors-analysts-post-q3-fy22-earnings-call\/","url_meta":{"origin":128119,"position":0},"title":"Pondy Oxides & Chemicals’ response to queries of investors, analysts post Q3 FY22 earnings call","author":"sreerupa","date":"February 23, 2022","format":false,"excerpt":"Following Pondy Oxides and Chemicals\u2019 Q3 FY22 earnings call, which was held on February 9, we received a lot of queries from analysts and retail investors. The POCL management team went through those queries and reverted to us with their responses. Q:\u00a0Your chairman speech at the last AGM explains that\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/pocl1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/pocl1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/pocl1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/pocl1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/pocl1.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":133091,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-and-chemicals-ltd-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":128119,"position":1},"title":"Pondy Oxides and Chemicals Ltd Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"August 15, 2022","format":false,"excerpt":"https:\/\/youtu.be\/ik9jU2OccCc Key highlights from Pondy Oxides and Chemicals Ltd (532626) Q1 FY23 Earnings Concall Management Update: POCL said that to counter macroeconomic forces, its core focus going forward will be on portfolio diversification in non-ferrous metals and other recycling materials in the upcoming quarters. POCL expects its growth in volumes\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":147472,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-chemicals-ltd-q4fy23-results-out-net-profit-grows-by-35\/","url_meta":{"origin":128119,"position":2},"title":"Pondy Oxides & Chemicals Ltd Q4FY23 results out, net profit grows by 35%","author":"Chirag Gupta","date":"May 29, 2023","format":false,"excerpt":"Incorporated in the year 1995 and headquartered in Chennai,\u00a0Pondy Oxides and Chemicals\u00a0is India\u2019s leading non-ferrous recycling company and the largest secondary lead metal manufacturing company in India. The company recycles lead, copper, zinc and plastic in various forms. The firm has established, POCL Future Tech Private Limited as a subsidiary\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":152869,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-showcasing-exemplary-cost-discipline\/","url_meta":{"origin":128119,"position":3},"title":"Pondy Oxides & Chemicals Q1FY24 Results; Showcasing Exemplary Cost Discipline","author":"Karan_Singh","date":"August 11, 2023","format":false,"excerpt":"Company Description: Incorporated in the year 1995 and headquartered in Chennai, Pondy Oxides and Chemicals is India\u2019s leading non-ferrous recycling company and the largest secondary lead metal manufacturing company in India. The company recycles lead, copper, zinc and plastic in various forms. The firm has established, POCL Future Tech Private\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":127199,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-and-chemicals-limited-reports-its-q3-earnings-results\/","url_meta":{"origin":128119,"position":4},"title":"PONDY OXIDES AND CHEMICALS LIMITED reports its Q3 earnings results","author":"Nishad","date":"February 9, 2022","format":false,"excerpt":"PONDY OXIDES AND CHEMICALS LIMITED (BOM: 532626) reported its third-quarter results for the period ended 31st December 2021. POCL reported a total net income of \u20b9414.92 crores with a growth of 42% on a year on year comparison. The company had an EBITDA of INR 25.09 Crores, total net profit\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Pondy-Oxides-and-Chemicals-LimitedQ322-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Pondy-Oxides-and-Chemicals-LimitedQ322-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Pondy-Oxides-and-Chemicals-LimitedQ322-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Pondy-Oxides-and-Chemicals-LimitedQ322-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Pondy-Oxides-and-Chemicals-LimitedQ322-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":164924,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-chemicals-ltd-poised-for-strategic-growth-amid-strong-q1fy25-performance\/","url_meta":{"origin":128119,"position":5},"title":"Pondy Oxides & Chemicals Ltd. Poised for Strategic Growth amid Strong Q1FY25 Performance","author":"Chirag Gupta","date":"October 16, 2024","format":false,"excerpt":"Pondy Oxides & Chemicals Ltd. (POCL) is advancing its growth strategy with significant operational and financial developments. The company reported strong results for Q1FY25, with consolidated revenue reaching INR 445 crore, a 37% year-on-year increase and a 23% rise quarter-on-quarter. This growth was driven by increased production and sales in\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/Pondy-Oxides-and-Chemicals-Limited-4.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/Pondy-Oxides-and-Chemicals-Limited-4.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/Pondy-Oxides-and-Chemicals-Limited-4.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/Pondy-Oxides-and-Chemicals-Limited-4.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1796"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=128119"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128119\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=128119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=128119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=128119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}