Newly Established Plastics Business Seeking Loan in Erode, India

- PET plastic waste management company based in Erode, TN.

- Our in-house custom-built washing line transforms post-consumer PET bottles into clean flakes. It is designed to process 500 Kg/hr throughput.

- We aim to achieve 2,500 tons of production in the next two years.

- Our end product is used in applications - PET sheets, packaging straps, and textile fibers.

- Pollution Control Board certification is in process.

- Automated plant setup that is not labour intensive.

Our in-house custom-built washing line transforms post-consumer PET bottles into clean flakes. It is designed to process 500 kg/hr throughput.

The top selling product are the clean flakes and they are used by textile fiber producers as raw material.

The company owns an automated washing plant with a 500 kg/hour capacity.

Rented 3,400 sq ft godown and plant in an industrial area with a water supply and 100 HP current/electricity supply. The godown and plant are located near Erode railway station.

- Currently, machines are funded by 28% of our own money and 72% from a loan from a govt bank.

- Working capital is also funded by 50% own money and 50% from a bank loan.