Key Event Details
Organic Recycling Systems Limited has entered into a Memorandum of Understanding (MoU) with the Advanced Materials business of Aditya Birla Chemicals (Thailand) Limited, part of the Aditya Birla Group, on October 07, 2026.
Purpose and Scope of Agreement
The MoU has been entered into to explore the development of composite waste recycling solutions and potential pathways for material recovery and reuse. The collaboration represents a strategic and technical tie-up in the field of composite waste recycling, including evaluation and development of recycling processes, material recovery pathways, process optimization, and potential reuse of recovered materials.
Technical Collaboration Details
ORSL will leverage its expertise in waste processing, recycling, resource recovery and technology development, while Advanced Materials will contribute its expertise in materials and epoxy technologies, including Recyclamine® epoxy systems. The parties will evaluate technical processes, material recovery pathways, process optimization and potential commercial applications.
Agreement Specifics
- Nature: International agreement
- Consideration: No financial consideration paid or received
- Related Party Transaction: No
- Promoter/Group Interest: No interest by promoter/promoter group/group companies in the other entity
- JV/Share Exchange Ratio: Not applicable
Entity Information
Aditya Birla Chemicals (Thailand) Limited is described as a company of the Aditya Birla Group with its Advanced Materials business engaged in specialty materials and epoxy-based solutions, including solutions for composite applications.
Expected Benefits and Rationale
The collaboration is expected to combine the materials and technology expertise of Advanced Materials (including Recyclamine® technology) with ORSL's expertise in waste processing, recycling and resource recovery. The objective is to explore technically viable, scalable and commercially viable solutions for composite waste recycling and material recovery.
Composite Waste Context
The document explains that composites (made of reinforcing fiber and liquid epoxy resin) offer lightweight performance, strength and durability but are challenging to recycle due to their permanently crosslinked resin matrix. Aditya Birla's Recyclamine® epoxy system enables separation of raw materials during recycling for potential reuse.
Management Commentary
Rajesh Balakrishnan, Chief Executive Officer, Advanced Materials, Aditya Birla Group stated: "Circularity starts with designing composites for their next life. With Recyclamine® and our collaboration with ORSL, we are developing scalable recycling solutions that turn composite waste into valuable resources and help close the loop."
Dr. Manju Tanwar, Chief Scientist and Head of R&D, ORSL stated: "Closing the loop on composites requires solutions that are both scalable and commercially viable. Together, Recyclamine® technology and our waste-repurposing expertise are creating new pathways to recover, reuse and unlock value from composite waste."
Financial Impact
No financial impact quantified in the disclosure. No consideration involved in the MoU.
Attachments
- Annexure A: Detailed MoU particulars as required under SEBI Master Circular
- Annexure B: Press release issued by the Company