The business will be producing plastic pellets from waste plastics. Funding is required for purchasing a plastic pellets machine and waste as raw material.
We are looking to start up a plastics manufactureing company that will make plastic pellets from plastic waste.
Plastic pellets are on demand in the market and there is general interest in using products that spare additional negative effects on the environment. Plastic waste is readily available and re-using it will save costs and reduce environmental damage.
• There are no competing businesses in our area
• Abundant raw material is available
• Close to our area industries are being built that require recycled plastic as raw material
• The market is still wide open, due to the need for recycled plastic in the market, which is met only at about 15-20%
Funding is required for buying:
• Plastic pellets machine
• Plastic waste as raw material
Equity investment is preferred. The investment will be returned in 1 year.