Plastics Business Seeking Loan in Erode, India
Production of quality recycled PET plastic flakes.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Plastics |
| Locations | Erode |
| Local Time | 12:46 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
29 thousand
for
12.0%
annual interest,
3
years
(Native Currency: INR 2,500,000)
Reason: - We are newly started company having started our operations 3 months ago.
- Working capital is req...
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Collateral Available: USD 59 thousand
Includes physical assets worth
USD
70 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
GST Certificate
(164.9 KB)
Udyam Certificate
(186.0 KB)
Invoice Sample
(82.2 KB)
E Way Bill Sample
(52.2 KB)
Business Overview
- 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.
- 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.
Products & Services Overview
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.
Assets Overview
The company owns an automated washing plant with a 500 kg/hour capacity.
Facilities Overview
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.
Capitalization Overview
- 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.
Recent Activity
-
Earlier than 15 daysOwner, Food Products, Erode, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndividual Advisor, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Director, Agriculture, Chennai, Corporate Investor / Buyer connected with the Business
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