Pondy Oxides Chemicals is partnering with Ace Green Recycling Inc a Delaware Corporation in the United States and signed a USD 12 Million equipment supply and licensing deal spanning 10 years to set up the world s largest greenhouse gas GHG emission-free battery recycling facility in Chittoor Andhra Pradesh India ACE Green Recycling is a global battery recycling technology company headquartered in both Singapore and the USA It has developed a commercialized recycling process for used lead-acid batteries that release no greenhouse gas emission POCL is the first company in the manufacturing space to adopt this technology in the recycling process for used lead-acid batteries to lead ingots The Facility can potentially recycle more than 28 million lead-acid batteries over ten years and prevent 500 million kg of GHG emissions
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