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Hdpe/pp Bags | |
| At present there is underutilization of existing capacity due to marketing problems after introducing of Jute packaging Mandatory Order 1986. The demand for woven sacks was sluggish for a variety of reasons. A few years back Flat looms were used for the manufacture of woven sacks. Now it has been manufactured on circular looms, which have high productivity. This helped in minimizing the cost of production; however due to high cost of jute bags & also due to resistance to chemicals, moisture etc. most of industry prefer HDPE/PP woven sacks for packaging. Lighter in weight & have more advantages than conventional bags. PP/HDPE woven sacks laminated with LDPE/PP liner have wider applications. HDPE woven sacks are much stronger & can withstand much higher impact loads because of HDPE strips elongation at break is about 15-25% as compared to 30% of Jute. These sacks are much cleaner & resist fungal attack. Jute prices are very unstable in the market since Jute is an agriculture product. These sacks have many advantages over other conventional sacks materials & are quite competitive in price. Woven Packaging Fabrics, Woven bags and fabrics are often used as an industrial packaging material. The packaging bags and fabrics are available mostly in HDPE (High Density Polythene) and PP (Polypropylene). Depending on end use these are either laminated, or supplied without lamination. Based on material type, the global plastic bags and sacks market is segmented into biodegradable and non-biodegradable. The biodegradable segment is further segmented into polylactic acid (PLA), poly-hydroxyl-alkanoates (PHA), and starch blend resins, while the non-biodegradable segment is further segmented into low density polyethylene (LDPE), high density polyethylene (HDPE), polypropylene (PP), linear low density polyethylene (LLDPE), and polystyrene (PS). Changes in consumer lifestyle, rapid pace of industrialization, rising consumer goods and retail sector, and declining prices of oil and gas in emerging markets are the factors accentuating market growth. The global market for plastic bags and sacks is forecast to expand at a CAGR of over 3.4% from 2016 to 2024. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Aditya Polymers Ltd. Ashok Polymers Ltd. Ashoka Poly Laminators Ltd. Bardanwala Plastics Pvt. Ltd. Bihar Raffia Inds. Ltd. Commercial Syn Bags Ltd. Dhoot Compack Pvt. Ltd. Eclat Industries Ltd. | |
| Plant capacity: HDPE/PP Woven Bags: 120,000 Nos / Day | Plant & machinery: Rs 562 lakhs |
| Working capital: - | T.C.I: Cost of Project: Rs 1207 lakhs |
| Return: 26.00% | Break even: 57.00% |
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Information- One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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- T.C.I is Total Capital Investment
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