Hi-Green Carbon was originally incorporated as ‘Shantol Green Hydrocarbons (India) Private Limited’ as a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated August 29, 2011, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, the name of the company was changed from ‘Shantol Green Hydrocarbons (India) Private Limited’ to ‘Shantol Green Energy (India) Private Limited’, pursuant to a special resolution passed by its Shareholders in the Extra-Ordinary General Meeting held on October 31, 2011, vide Certificate of Incorporation dated November 04, 2011, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Later on, the name of the company was changed from ‘Shantol Green Energy (India) Private Limited’ to ‘Shantol Green (India) Private Limited’, pursuant to a special resolution passed by its Shareholders in the Extra-Ordinary General Meeting held on February 28, 2017, vide Certificate of Incorporation dated March 15, 2017 issued by the Registrar of Companies, Ahmedabad. Thereafter, the name of the company was changed from ‘Shantol Green (India) Private Limited’ to ‘Hi-Green Carbon Private Limited’, pursuant to a special resolution passed by its Shareholders in the Annual General Meeting held on September 12, 2022, vide Certificate of Incorporation dated September 21, 2022 issued by the Registrar of Companies, Ahmedabad. Further, the company was converted from a private limited company to public limited company, pursuant to a special resolution passed by its Shareholders in the Extra-Ordinary General Meeting held on February 14, 2023 and consequently, the name of the company was changed to ‘Hi-Green Carbon Limited’ and a fresh certificate of incorporation dated March 21, 2023 was issued to the company by the Registrar of Companies, Ahmedabad.

Hi-Green Carbon is engaged in the business of waste tyres recycling. Its manufacturing plant operates on continuous pyrolysis process. It is an uninterrupted working method with continuous feeding and discharging system controlled by the program logic controller system. The process is fully automatic and requires almost no human intervention. Following continuous pyrolysis, the company processes the end-of-life tyres (ELTs) pieces to produce energy components and raw materials. Its major products are Recovered Carbon Black (RCB) and Steel Wires under Raw Material Category, Fuel Oil and Synthesis Gas under Energy components category. In order to utilise the energy in efficient manner, the company utilises said synthesis gas, produced as by product of the pyrolysis process, for also manufacturing sodium silicate commonly known as raw glass.

The company follows the highest quality practice and compliant with Highest Environmental, Health, and Safety (EHS) in recycle industries. The company has modern, Supervisory Control and Data Acquisition (SCADA) operated in integrated recycling plant at its manufacturing plant situated in Rajasthan. Its production facility at Rajasthan is installed with capacity of recycling of 100 MT waste tyres per day. The company has been certified with Environmental Management Measures with ISO 14001:2015, Occupational Health & Safety Management standards with ISO 45001:2018, Quality Management Standards with ISO 9001:2015, Good Manufacturing Practice (GMP) and RoHS. Its product is REACH complied in terms of sustainability standards.

Business area of the company

The company is engaged in the business of waste tyres recycling.

Products of the company

• Recovered carbon black
• Fuel oil
• Steel wires
• Sodium silicate

History and milestones 

• 2011: The Company was incorporated as a private limited company under the name Shantol Green. Hydrocarbons (India) Private Limited.
• 2023: Certified with Environmental Management System with ISO 14001:2015.
• 2023: Certified with Occupational Health & Safety Management System with ISO 45001:2018.
• 2023: Certified with Quality Management System with ISO 9001:2015.
• 2023: Certificate of compliance for with the requirements of standard of Good Manufacturing Practice (GMP) for Manufacturing of Recovered Carbon Black and Fuel Oil.
• 2023: Certificate of compliance in terms of sustainability standards-REACH (Registration, Evaluation and Authorization of Chemical Substances).
• 2023: Conversion of the company from Private Limited to Public Limited Company.
• 2023: The Company has incorporated wholly owned subsidiary company name as ‘Shantol Recycling Private Limited’.