Renewable Energy & Recycling

Plastic Waste Recycling

This business focuses on recycling plastic waste into high-quality pellets or granules that serve as raw material for manufacturing items such as buckets, mugs, and polybags. The process involves sorting, shredding, cleaning, and extruding waste plastic to reduce environmental impact and conserve energy.

Project cost & finance

Cost of Project

figures in ₹ Lakhs

Plant & Machinery18.45
Furniture & Fixtures3
Total29.6

Means of Finance

figures in ₹ Lakhs

Own Contribution8.15
Term Loan21.45
Total29.6

Raw materials & machinery

Machinery & equipment8

Raw materials1

Manufacturing process

  1. Sorting items according to type
  2. Shredding waste into small pellets
  3. Grinding to remove waste material
  4. Dust cleaning
  5. Conveyer washing
  6. Drum washing
  7. Drying using a hydro dryer
  8. Agglomeration process
  9. Extruding into final plastic pellets

Market

The market for recycled plastics is driven by the growing demand for sustainable waste management and circular economy business models, with wide applications for recycled granules in various manufacturing sectors.

From the project report