Singapore firm buys Rudra Environmental Solution

Blue Planet Environmental Solution Pte Ltd, a Singapore-headquartered company, has acquired Pune-based Rudra Environmental Solution (India) Ltd for an undisclosed amount, according to a company statement. The combined entity provides a solution to convert waste plastic into valuable energy and material outputs, the statement said. Rudra Environmental operates a thin-film plastic waste recovery facility in Pune. Dr Medha Tadpatrikar, Founder and Executive Director of Rudra Environmental Solution, said: “Rudra has been at the forefront of the waste plastic-to-oil conversion process and is a pioneer in finding solutions for end of life waste plastic, especially thin plastic, which traditionally has no or low monetary value.” Founded last year, Blue Planet provides a full spectrum of services for waste management including collection, segregation and treatment of waste. Prashant Singh, Founder and CEO, Blue Planet, said: “Blue Planet's strategy of creating an end-to-end waste management platform is the only sustainable way of solving the ever-growing waste crisis.”