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Business Of Pet Recycling & Production Of Flakes

Municipal solid waste (MSW) is garbage generated by people in their homes and places of work, and it is managed and controlled by local authorities such as cities and governments. Plastic usage has exploded in the previous two decades, with plastics now playing a vital role in almost every facet of modern life. Plastic recycling is the process of converting discarded plastic into useable material. Bottles and containers made of hard plastic can be recycled, as can films and wrappers made of non-rigid plastic. Plastic recycling is the process of converting discarded plastic into useable material. Bottles and containers made of hard plastic can be recycled, as can films and wrappers made of non-rigid plastic. The plastic recycling market is divided into segments based on the type of resin used, such as PET. PET stands for polyethylene terephthalate, which is the most popular thermoplastic polymer resin in the polyester family and is used in garment fibres, liquid and food containers, and thermoforming for manufacturing. One of the most prevalent forms of plastic is polyethylene terephthalate, or PET (also known as PETE). PET is used to make the majority of single-serve plastic bottles, such as those for water, soft drinks, and juices. PET is used to make plastic fibres, videotape, audiotape, film, engineered resin, and food containers, among other consumer and industrial items. Asia Pacific was the largest regional market in 2020, which accounted for a revenue share of over 45. The regional market is characterized by the easy availability of land along with a low-cost, skilled labor force. PET bottles are becoming a bigger part of the trash and litter problem, especially in developing countries. The global recycled polyethylene terephthalate market was valued at USD 8.56 billion in 2020, and it is predicted to increase at a CAGR of 6.7 percent between 2021 and 2028. Consumer behaviour is shifting toward sustainability, which is driving market growth. Few Indian Major Players 1. Ahimsa Industries Ltd. 2. Bharat Pet Ltd. 3. Dalmia Polypro Inds. Pvt. Ltd. 4. F C L Technologies & Products Ltd. 5. Futura Polymers Ltd. 6. Garden Polymers Pvt. Ltd.
Plant capacity: Recycled PET Flakes 64.0 MT per dayPlant & machinery: 174 Lakhs
Working capital: -T.C.I: Cost of Project: 440 Lakhs
Return: 30.45%Break even: 71.77%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.


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