📽️ Business segments 📽️
Fastest Growing Waste Supplier Supplychain
Waste Management Company in India Focusing on Waste Supply Chain
♻️ Organizing the
RACE is engaged in providing solutions, collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. This supply chain is currently a major part of our business. We are also putting efforts into multiple waste types and routing for more as we progress.
🍃 What we do 🍃
Making our efforts in multiple waste types
PET Plastic Bottle Waste
Race is one of the largest aggregators of PET plastic bottle waste, collecting and supplying approximately 100000 MT per annum. Though the collection chain is scattered and not well organized, RACE is playing an important role to organize the collection chain, maintain its quality and assurances and follow the rules of ESG and the no child labour policy. The total PET plastic waste recycling capacity installed in India is more than 8 lakh MT and PET waste generation and collection is about 9 lakh MT per annum.
Non-PET Plastic Recycling
Race is also involved in Non-PET plastic such as LD, HD, PP and other waste. By utilizing its PAN India network of waste suppliers RACE is playing an important role to organize the collection chain, maintain its quality and assurances and follow the rules of ESG and the no child labour policy.
Race is also engaged in the collection of wastepaper and supplying it for recycling to paper manufacturers. Presently we are supplying to only one manufacturer and propose to add more at a later stage. During 2021-22, the company supplied 13175 MT of paper waste valuing Rs.29.67 crores. The company expects a business of 40 crores during 2022-23 from 15000 MT. The main area of operation is Jaipur in Rajasthan.
RACE has made an informal tie-up arrangement to lift metal waste from one of the leading steel pipe manufacturers and supply it to recyclers and users. The business is carried out on cash terms.
RACE runs several waste collection and management projects for R&D, collections of E-waste, and Battery waste along with brands and organizations creating a sustainable circular economy for collection, recycling and reutilization of all kinds of waste.
Transforming the Unorganizedwaste industry with 500+ Pan India network of waste suppliers