Greenply Industries Ltd., a leader in the Indian wood panel industry, has installed the country’s first EvoFuge 360 Steam Recovery System at its cutting-edge MDF plant in Vadodara. This marks a major leap in sustainable manufacturing and energy-efficient production in India’s MDF sector.
The EvoFuge 360 system is a breakthrough innovation that ensures a minimum 25% reduction in steam consumption during the refining process. This not only lowers energy usage but also significantly reduces the plant’s carbon footprint, aligning with global standards of eco-friendly manufacturing.
Speaking on the achievement, Sanidhya Mittal, Joint Managing Director of Greenply Industries Ltd., said, “We are proud to lead the way in sustainable manufacturing practices. The installation of the EvoFuge 360 system is expected to reduce our biomass requirement, aligning perfectly with our long-term sustainability goals. It’s a meaningful step toward creating a greener future and making the world a better place to live.”
This move is part of Greenply’s broader strategy to invest in advanced technologies that enhance operational efficiency and promote the responsible use of natural resources. By adopting the EvoFuge 360, Greenply becomes a trailblazer in the Indian MDF space, setting new standards for eco-conscious manufacturing.
In the meantime, Greenply Industries shares opened today at ₹245.10, touching a high of ₹259.70 and a low equal to the opening price. The stock is currently trading closer to its 52–week low of ₹230.00, significantly below its 52–week high of ₹411.95. As of 11:51 AM, the shares were trading 4.22% lower at Rs 258.60.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com