π Tender Overview
Scope : To Set up a PET Bottle Recycling Plant in India
SLMG Beverages, a leading franchise bottler for Coca-Cola in India, plans to set up a PET bottle recycling plant in joint venture with Coca-Cola India and Maharashtra-based Dalmia Packaging with an investment of ?90-100 crore.
The recycling plant will have an annual capacity to recycle food grade plastic of 36,000 tonnes and produce 24,000 tonnes of plastic to produce PET bottles which will account for 20 per cent of its sales.
In the next couple of years the government will mandate all the plastic product producers to mandatorily use recycled plastics in their production lines.
In the western countries, the use of recycled plastic is as high as 50 per cent but in India the company expects it to be about 30 per cent
Partners :
Coca-Cola India
Address : Enkay Towers Phase 5
Udyog Vihar Gurgaon, 122106
India
Email : indiahelpline@coca-cola.com
Telephone: 1800-208-2653
Website : www.coca-colaindia.com
Dalmia Packaging
Address : 319 Prabhadevi Industrial Estate.
V S Marg, Prabhadevi. Mumbai - 400 025
India.
305/258 Mahabirsthan Siliguri Wb 734004 In