WASTE PLASTIC BOTTLE RECYCLING PROJECT REPORT

PET (Polyethylene terephthalate) bottles has become ubiquitous part of our day-to-day lives. As PET bottles are simply used and thrown away, one has to just look around to spot a PET bottle containing packaged drinking water, carbonated soft drinks, sports drinks, household cleaners, food trays or used for any other applications. Approximately 100 million plastic bottles are used and discarded every day, with 80% of them simply becoming non-biodegradable litter. Though most of these PET bottles are 100% recyclable, but most of us are not aware about its recyclable benefits. PET bottles, post use still carry a lot of value and recycled PET (r-PET) can be used in a wide variety of applications. This makes post-consumer PET bottles a very sought after item by waste collectors. It is observed that in the process of recycling, PET bottles can be collected, sorted, cleaned, grinded/shredded and made into ‘washed flakes’. These washed flakes are then used to make (predominantly) Polyester Staple Fibre (PSF). Polyester Staple Fibre (PSF) is a man-made fibre similar in appearance to cotton or wool fibre. Polyester Staple Fibre (PSF) is widely used in Textiles, Pillow covers, Cushions, Mattresses, Sleeping bags and Quilts in replacing conventional Cotton fibre. Approximately 8 to 12 bottles go into the making of a garment, a mattress needs about 120 bottles. Therefore, recycling of PET bottles has grown to become a Rs.3,500-crore industry today and they are becoming popular day-by-day.

There are various ways in which PET bottles reach the waste stream for recycling and Municipal solid waste (MSW) is one of the main source. Other sources include discarded PET bottles from Bus terminus, Railway stations, Airports, Hospitals, Hotels, Restaurants, Kiosks and Parks etc. Discarded PET bottles fetch waste collectors (rag pickers) around Rs 14-15/kg. These bottles are bought by Kabadiwallahs or waste traders, who employ people to segregate, sort and further sell it to large vendors or recyclers. In the process of segregation, the caps, neck rings, labels (non-PET components) etc. are removed and sorted based on colour (different colour fractions like transparent or uncoloured PET, Blue and Green colour PET and remainder into a mixed colour fraction) and grade of the bottles. Thereafter, the bottles are grinded/shredded, washed, dried and sold as what is called ‘washed flakes’. These washed flakes are sold at anywhere between Rs 50-110/kg as there are many large manufacturers across India who use ‘washed flakes’ as raw material. Thus, it reflects immense potentiality for entrepreneurs to start the recycling business of PET bottles in every urban and rural hamlets across India.

A Project Report is not only essential for obtaining financial assistance from Bank/ Financial Institution/Funding Agency but also the most important document either to participate in the development schemes of MSME Sector/ Department of Industries or in completing various time consuming government formalities connected with planning and commercial operation of the proposed business project.

This Detail Project Report (DPR)/ Business Plan has been developed in a well-structured PDF Format (Easy to Download, Convert into MS WORD through www.pdftoword.com, Edit for Personalised Customisation and Finally Printing the Report) to be presented as a Ready Project Proposal immediately thereby saving precious time of the promoter in the process of completing requisite formalities in anticipation of setting up the business project. Accordingly, following Project Templates has been deliberately left blank in order to facilitate customisation by the perspective entrepreneurs based on personal requirements and furnish necessary information on actual basis.

§ Project at a Glance                                     :             To be Filled Up as per Personal Requirements.

[Total Capital Expenditure, Working Capital, Estimated Cost of the Project, Amount of Bank Loan, Amount of Equity Capital and Amount of applicable Margin Money Subsidy – (Urban/Rural /General Category/ Special Category)].

§ General Information and Location          :             To be Furnished in the Blank Space.

[Name of the Unit/Firm, Address of the Proposed Project Location, Size of the Space Available and Occupancy under Ownership/Lease Agreement].

§ Promoter’s Background                            :             To be Furnished in the Blank Space.

[Name of the Promoter, Age, Communication Address, Educational Qualification, Work Experience and Special Training Attended, if Any].

The Project Report/ Business Plan so presented include all the important aspects containing the following details;

CONTENTS

1.   Highlights of the Project

2.   Project Introduction

3.   The Project Proposal

4.   Prospect for Investment

5.   Potential Target Customers/Market

6.   Marketing Strategy

7.   Critical Success Factors

8.   Process Details and Technical Aspects

9.   Installed and Operational Capacity

10. Quality and Standards

11. Raw Materials and Consumables

12. Power and Utility

13. Tentative Implementation Schedule

14. Basis & Presumptions

15. Capital Investment Estimates with Detail Project Economics

16. Computation of Working Capital Requirement

17. Estimated Total Project Investment

18. Proposed Means of Project Financing

19. Estimated Annual Sales Turnover

20. Projected Profitability Statement

21. Calculation of Interest Amount

22. Depreciation Schedule

23. Term Loan Repayment Schedule

24. Debt Service Coverage Ratio

25. Break-Even Analysis

26. Projected Cash Flow Statement

27. Projected Balance Sheet

28. Internal Rate Return

29. Pay Back Period

The presentation also supplements with important facts and useful information covering the areas as indicated below;

1.   Statutory Permits and Business Licenses Required for the Project

2.   Important Steps to Start a MSME Business Unit and

3.   Tips to Identify Suitable Project Location.

ENCLOSURE-1: E-BOOK ON SCHEMES FOR MSMEs, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-2: SALIENT FEATURES OF MUDRA LOAN SCHEME, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-3: FAQ ON MUDRA LOAN SCHEME.

ENCLOSURE-4: BRIEF ABOUT PSB LOANS IN 59 MINUTES SCHEME.

ENCLOSURE-5: FAQ ON PSB LOANS IN 59 MINUTES SCHEME.

Thus the information provided would help in identifying in advance the infrastructure/resources required for the Project and approach the concerned government agencies accordingly. Hence, it becomes a complete document for further action towards realising the dream of becoming an entrepreneur.