Ganesha Ecosphere is planning to sell Recycled Polyester Staple Fiber (RPSF) as a Branded Product. In this regard, the company has appointed ‘Gem Enviro Management’ for brand building of recycled products and strengthening raw material supply. The new branding exercise is in line with the strategy of positioning the quality of the product which is at par with the virgin fibers.
At the same time, it will enable the Company to earn better realizations thereby reducing the gap between the realizations of Man-made and Virgin fiber. This exercise will also help in strengthening the raw material supply chain by creating a strong infrastructure in terms of PET bottles collection directly from the source, leading to dedicated sourcing with better quality raw material and lower costs of procurement.
GEM Enviro is amongst the few companies in India that work in the space of PET recycling and sustainability. The company has focused on increasing the capacity of RPSF and maintaining its leadership position thereby contributing to cleaner environment.
Company Name | CMP |
---|---|
Indo Rama Synth | 45.72 |
Banswara Syntex | 148.50 |
Ganesha Ecosphere | 1082.15 |
JBF Industries | 4.42 |
Pasupati Acrylon | 38.75 |
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