Funding Secured for Commercial Development of Green Silica

India’s agro processing company Usher Agro has secured funding to set up the world’s first commercial scale silica extraction plant for producing ‘green’ precipitated silica from rice husk ash, according to the Business Standard.

Usher Agro is being funded with a $28 million loan from FMO, the Dutch development bank, and DEG, the German development finance institution.

The agricultural company, in collaboration with Goodyear Tire and Rubber and the Indian Institute of Science of Bangalore, India, has developed an extraction process for producing precipitated silica from rice husk ash. The ash is generated by burning rice husk in the boiler of a rice husk fired biomass power plant in a closed system, the Business Standard said.

The silica developed from the process will be used by Goodyear to replace carbon black and traditional silica in high performance tires. Goodyear is reportedly setting up a consumer tire plant using the bio-based silica in China.

(Business Standard [www.business-standard.com] – Mumbai, India)

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