Business Daily from THE HINDU group of publications
Tuesday, Mar 11, 2008
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Home Page - Environment
Corporate - Alliances & Joint Ventures
RCF’s phospho-gypsum wall panel to earn carbon credits

Ties up with Rapidbuilding Systems of Australia


Green initiative

A Rs 75-crore panel-making unit would be set up in Trombay for the project.

A 36-sq-metre phospho-gypsum wall panel could replace 3,960 bricks.

It would also save on 10,000 litres of water and 2.9 tonnes of carbon emission.


Rahul Wadke

Mumbai, March 10 Rashtriya Chemicals and Fertilizers Ltd plans to earn carbon credits from phospho-gypsum, a by-product of its manufacturing process.

The company intends to manufacture construction material — prefabricated wall panels — with the waste generated for which it has tied up with Rapidbuilding Systems of Australia.

A Rs 75-crore panel-making unit would be set up in Trombay for the project, which is expected to earn 1.1 lakh credits per year worth € 1.65 million.

A methodology is being formulated for claiming the credit rating. The World Bank has shown interest in buying up to 10 lakh such credits.

The Australian company has developed a process to turn the waste gypsum into high-quality plaster, which can be used to make ‘rapidwall’.

The patented load-bearing walling system is approved in Australia, India and China for construction of 10-storey buildings.

Saving on bricks

Mr M. Sundararaman, Finance Director, RCF, said the use of wall panel could help save on brick and mortar. A 36-sq-metre phospho-gypsum wall panel could replace 3,960 bricks. Additionally it would save on 10,000 litres of water and 2.9 tonnes of carbon emission. The carbon emission relates to brick manufacturing.

“Such environmental advantages will make the unit eligible for carbon credits. RCF will seek the approval of the United Nations Framework Convention on Climate Change for the purpose,” Mr Sundararaman added.

The Trombay unit will produce 14 lakh sq meter of wall panel annually. The company is also working out a tripartite arrangement with Rapidbuilding Systems and The Fertilizer and Chemicals Travancore for another panel unit.

Mr Kishore Butani, co-founder of Carbon Yatra, a carbon advisory service, said such unique projects would stand out in the global carbon credits market.

Phospho-gypsum (calcium sulphate) is produced while making phosphoric acid. For every tonne of acid made about five tonnes of phospho-gypsum is produced which fertiliser companies are increasingly finding difficult to dispose of.

More Stories on : Environment | Alliances & Joint Ventures | Fertilisers

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Clasic Hiring

Stories in this Section
L&T takes Rs 200-crore hit in metals hedging


Recruiters descend on IIMs; salary graph keeps rising
Inland container depots reject rice cargoes
GSM operators ready for ‘Virgin’ blitzkrieg
New Bangalore airport opening delayed
Sales of cars rise 7.83% in Feb, 2-wheelers’ dip 14%
RCF’s phospho-gypsum wall panel to earn carbon credits
How big is IT
Raymond (Rs 289.95): Sell
Sugarcane price issue: HC reserves order
Day Trading Guide
‘Egypt’s dumping duty on truck, bus tyres to have little impact’
Mastek buys US-based Systems Task for Rs 116 cr
Gold ETFs post 25% return in 3 months
FIIs continue gross purchases amidst net outflows
Overseas investors turn net sellers in F&O, cash segments
Attrition major worry for DRDO labs
Banks, co-ops told to submit details of overdue farm loans
ITC mulls retail entry in urban, semi-urban markets

BusinessLine E-paper


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line