A new carbon compacting plant is installed in the valley of Jammu and Kashmir in order to support the Indian Army and counter the carbon footprint in the region due to increasing non-biodegradable output produced by the locally stationed troops in the area. The carbon compacting plant is a part of the green initiatives of Cosmo Foundation – the social arm (a community outreach initiative) of Cosmo Film Limited. According to a statement shared by Cosmo Foundation, the carbon compacting plant is installed with the aim to decrease the non-biodegradable annual waste.
Cosmo Films is a manufacturing company and is involved in the production of bi-axially oriented polypropylene films mostly used for lamination, label, and industrial applications. Cosmo Films Limited is a listed company on stock exchanges BSE and NSE. On Tuesday, shares of Cosmo Films settled 1.46 per cent higher at Rs 690.30 apiece on the BSE.