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The 10 most trusted companies in plastic industry
1. APPLINDUSTRIES LIMITED
COMPOUNDING INDIA WITH THE WORLD
MOSTTRUSTED
COMPANIES IN
PLASTIC
INDUSTRY
10
THE
VOL
7
ISSUE
01
Inder Jain
Founder Chairman
& MD
Company of the Month
Jitendra Agarwal
Founder & MD
Prime Housewares Ltd
2.
3.
4. Desk
The Transition to
Future Has Begun
he Indian Plastic Industry is on a roll as it plays an integral part
Tin diverse products and industries. Riding on the potentials in
terms of infrastructure, skilled workforce, and capacity ā the
growth rate of the Indian plastic industry is noted as one of the highest
in the world.
Taking a closer look at the plastic industry gives the impression that the
industry has received a 360O transformation. Breaking the
conventional shackles, today the industry is embracing technology,
management, and every single element that is assisting the industry to
put the best foot forward. Exploring this journey that constitutes
countless transitions, hardships, and milestones achieved is truly
exciting!
The very ļ¬rst step taken to organize the industry was in 1958 with the
setup of the Indian Plastic Federation. Today, under this umbrella there
are approx 1000 members closely knitted and working for the
development of the industry. Lateral growth in diverse sectors like food
processing, infrastructure, real estate, automobiles and others are
driving the industry like never before! The transitional wave continues
to evolve by each passing day with the advent of innovative business
models.
Standardizing regulations and adhering to Govt reforms has been the
biggest change that has resulted in bringing positive results. Indiaās
vision of becoming a manufacturing hub seems to be a reality in the
upcoming years as foreign investments have started to ļ¬ow. Backed by
the Government initiatives such as having 18 plastic parks with an
investment of 400 crore INR and many more have set on the right
trajectory of growth.
7. Company Of The Month
Prime Housewares
A Unanimous Choice
for Every Household
Mayur Uniquoters Ltd
Visionaries
For Tomorrow
Signet Industries Limited
Delivering Innovative and
Quality Based Plastic Products
Changing Face
Recycling of Plastic
Placing the Best
Foot Forward
ARTICLE
16
24
26
22
8. Connecting the Dots
of the Plastic Industry
hile the ļ¬rst quarter of 2019 was an enthusiastic year for the plastic industry, the second
Wquarter has taken it beyond the success horizons. Recognizing the companies that are
revolutionizing this space and keeping innovation on their radar by staying up-to-speed
with the developments, we have come up with this special edition of āThe 10 Most Trusted
Companies in Plastic Industryā. This issue has featured a handful of professionals oļ¬ering a
diverse and engaging mix of creativity and distinctiveness.
On the Cover of the issue, we have showcased APPL Industries Limited. APPL Industries are the
makers of world-class compounding products.
Apart from such an insightful cover story, we have also enlisted, Prime Housewares Ltd as the
company of the month. Prime Housewares is a well known Brand in the Plastic household industry
in the India and overseas as well.
Furthermore, we have Signet Industries Limited, which is a reputed brand in producing Agriculture
based products such as micro-irrigation systems and Infrastructure piplelines and systems. Next is
Mayur Uniquoters Ltd. It is the largest manufacturer of artiļ¬cial leather/ PVC vinyl, using the
āRelease Paper Transfer Coating Technologyā in India.
Alongside, companies like Chemco Group of Companies, Sintex Plastics Technology, Jamna Auto
Industries, Apollo Pipes Ltd., Right Tight Fastners Pvt. Ltd., Linc Pen & Plastics Limited, Resins and
Plastics Limited and Dynamic industries have also been featured in the listing of this edition.
While ļ¬ipping the pages, take a note to read an exclusive article that gives a deep insight about the
general facts and practices about plastics. Looking at the emerging opportunities and the growing
possibilities, this issue of ours will introduce you to a whole new world of novelty.
Happy reading!
THE10MOST
TRUSTED COMPANIES IN
PLASTIC
INDUSTRY
12. s the Indian plastic industry got steam
Apost-1957, over the decades it has
witnessed tremendous growth and has
evolved as one of the major contributors to the
economy. Apart from being a major exporter of
plastic products across the globe, the industry is
steadily embracing technology and new-age
concepts to be at par in delivering unmatched
quality products. Especially over the last decade,
advancement in technology, demand for newer
materials and sustainability has fuelled the
evolution of the industry.
GROWTH PLANS
REQUIRE A
DESTINATION
AND A DRIVER
ā
13. One such prominent player that has
placed itself as the torchbearer of the
Indian plastic Industry is APPL
Industries Limited. As the largest Indian
compounder with an annual capacity of
130,000 MT and second-largest in Asia, it
stands amongst the most trusted brands in
todayās era. Conceptualized as Aalekh
Polymers Pvt Ltd back in 1990 in Kirti
Nagar, Delhi with a Small setup for
masterbatches & PP COMPOUNDS,
APPL has commenced a journey that has
been progressive, and inspiring for the
new-age players.
Headquartered in Hinjewadi,
Pune ā the company has a
workforce of 250 professionals
and caters to prestigious clients
like Faurecia, Minda,
Mothersons group, Soggeļ¬
MNR, Sundram auto, Varroc
Group and many more.
Additionally, it has prominent
OEMās including Bajaj, IKEA,
Maruti Suzuki, Tata Motors,
TVS, VW, Ford, Nissan,
Mahindra and many more.
Over the years, the entity has
been a forerunner in introducing
nic he technologies and products to
ser vice the automotive segment
and with 7 plants located at
str ategic demographic locations;
APPL carries an edge over
oth ers. Apart from serving a
ple thora of Indian clients, it has
increased its prominence at the global market by having
major joint ventures with companies based in Germany,
Shanghai, and the USA. The company bagged its ļ¬rst
approval from Daewoo Motors back in the late 90ās and
from then; it never looked back and continues to create
countless milestones by each passing day.
With a myriad of engineering polymer compounds, the
solutions from APPL are backed by Autodynamics
Technologies and Solutions (Formerly the Known as APPL
RTC). A contemporary Research Design and Technology
Centre (Accredited by NABL) which develops new
materials with world-class equipment for raw material
testing. Today APPL has fully automated plants to ensure
consistent material quality and safe working environment
for their employees.
The Self-Made Professional
A ļ¬rst-generation entrepreneur who envisioned and
established APPL Industries Limited 26 years ago,
Mr. Inder Jain, has successfully spearheaded the company
over the years to take it to its pinnacle as āthe largest
polymer compound manufacturerā. Nearly three decades
and many struggles later, Mr. Inder Jain has aced his way in
creating a benchmark in the industry.
Born at Mandar, Rajasthan, he completed his Graduation
from Sirohi, Rajasthan after which he moved to Delhi at a
young age to work alongside his Uncle who was in the
business of polymers. Having no prior experience, this
learning was the platform on which Mr. Jain laid the
foundation of APPL in the early years.
Mr. Jain has always maintained a perfect balance between
his professional and social life. He strongly believes in
giving back to the society, and for that he has been actively
involved in social work and has been associated with
several NGOs that support medical and educational
initiatives.
Exquisite Products
APPL has been providing end-to-end material solutions like
Pre-colored compounds based on Poly Oleļ¬ns and
Engineering Plastics, Color and Speciality Additive
Masterbatches. APPL innovative approach to compounding
has led to a range of Customized compounds with minerals,
glass ļ¬ber, wood ļ¬our, ļ¬ame retardants and more High
performance materials etc. Today being a major Automotive
KEEPING ABREAST
WITH NEWER
DEVELOPMENTS
IS A PASSION
15. Compounds Supplier having approvals with almost all
OEMās with time it has also made growth in many other
Industries.
As compounders, APPL is persistently motivated towards
upgrading its facilities with Futuristic Technology and
introducing new product oļ¬erings for the world market
with support from its RTC. Being accredited by NABL is
another feat APPL has achieved over the years that helps to
maintain the trust and conļ¬dence among the clients.
Keeping an eye on the global business opportunities, APPL
has set up a location at SEZ Dahej, Gujarat close to the
Seaports to cater to overseas markets and meet the huge
potential of raw material sourcing from India in the coming
years.
Embracing advanced technologies and producing
global-standard products including IMC technology and
āLong Glass Fibreā technologies have been the USP of
APPL. These āMetal to Plasticā replacements have been
used in diverse segments like defence, automotive,
railways, and more alongside the āhigh-performance glassā
reinforced sheets for especially for the automotive sector.
Additionally, the company is also working to innovate
industrial products for the oil and gas industry and is taking
special eļ¬orts to work on the plastic wastes.
APPL believes that āGovernment is promoting ( religiously
working & promoting ) on it the same but every individual
and organization related to plastics or not should do their
bit and we industry people should innovate to do more for
the plastics sustainabilityā.
Echoing the Key Values
Vision
To be a dominant multi-location production company in
Engineered Thermoplastic Compounds, Engineering
Plastics, Color & Speciality Additive Master Batches thus
establishing our self as a top performing compounder with
multiple product range and developing new applications
close to OEMs and associated sectors of Automotive,
Railway, Defence, Furniture & House Hold.
Mission:
- To provide highest quality materials based on advanced
technology to our customers and ensuring to meet the
challenging and ever-increasing market demands.
- To respect the strength and capability of our employees,
customers, and associates.
- To honour all the commitments we undertake.
Challenges in the Industry
APPL has been at the forefront in witnessing the evolution
of the industry that includes changes, challenges,
opportunities, and more. Previously, the automotive
regulatory were not stringent as compared to todayās
environment. Steadily, as companies abide by the
guidelines and regulations set by the Government and
industry, the quality of the products have improved to a
great extent. With rigorous emission norms in place, other
key factors like lightweight, fuel eļ¬ciency, passenger and
pedestrian safety will play a key role in the auto industry.
From the perspective of compounders, this drives mature
companies like APPL to explore every innovation and keep
introducing new products and technologies. There are
multiple scopes of improvement and improvisation for the
interiors, exteriors, and under hood applications in the
automotive segment.
The Roadmap Ahead
Holding a very optimistic view of the future, APPL stands
tall to embrace changes and walk the path ahead with grit
and conļ¬dence. Team APPL believes that with proper
regulations in place, plastic is never going to diminish
rather will evolve as the biggest circular economy alongside
being of the most sustainable options in the future.
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19. As one of the fastest growing global markets, the
Indian Plastic Industry continues to depict a steady
trajectory in terms of production and contribution
to the economy. From the traditional households to the
modern society of today, housewares have always existed
as a major product category in the marketplace. With
Government reforms and initiatives, the largely
unorganized industry is slowly and steadily embracing the
mainstream that ultimately helps to increase the quality
standards across the industry.
In its perseverance of upscale quality products, Prime
Housewares Ltd is one of the giants in this sector that
needs no introduction! Incorporated in 1989, this entity
carries a legacy and has been a witness of the transition
taken place in the industry.
The gradual advent of urbanization, proliferation of nuclear
families and technological advancement has driven the
evolution of change amongst the Indian household.
Innovations in time-saving devices and cookware,
convenience, safety & functionality are now driving the
sales ļ¬gures. With its constant endeavour to develop,
modify & innovate novel products specially with respect to
aesthetics and customer needs, Prime has been at the
forefront in embracing changes to the core!
Prime is also the pioneer in the microwave cooking range in
India. Anticipating the future and the paradigm shift
towards technology, it has been immensely successful in
creating niche products that are convenient, easy to use &
time saving. Prime continues to be associated with major
brands like L.G. Electronics, Godrej, Samsung, Bajaj,
Morphy Richards, Whirlpool, and Onida for providing
Microwave & Refrigerator Kits.
The Inception Saga
The journey commenced with a 5000 sq.ft. factory in the
industrial hub of Daman, with a seed capital of 50 lakhs and
an initial product list comprising just 20 SKUs. In 1989, the
plastic industry was largely unorganized and majorly dealt
in cash transactions. With an intent to reform and align the
sector with the main-stream organized industry, Prime was
a non-competitive player from a price point-of-view and
hence had to face countless obstacles to penetrate the
market.
The major break-through came in 1995 when Prime
introduced the āRioā basket product line. By virtue of
superior quality and novelty, these products were sold
above MRP by dealers / distributors & there used to be
waiting of one month for execution of orders. This was the
turning-point for Prime and as we say - āthe rest is historyā.
The remarkable journey is represented along with the
numerous milestones it has achieved till date.
1995: Rio Maxi ā Rio Basket replaced the popular āCycle
Basketsā with new multiutility & completely closed
version baskets.
1996: Tiny Tot Containers with spoon ā Replacing the
small mouth jars with wide mouth containers
thereby making it easy for cleaning.
A UNANIMOUS CHOICE FOR EVERY HOUSEHOLD
PRIME HOUSEWARES
Life Bana De Easy
āā
āā
Company Of The Month
17 | July 2019 |
20. 1997: Rice Cooker ā Making pre-soaked rice ready in less
than 10 minutes.
1998: Microwave ZatāPat Idli maker ā making 24 Idlis in
just 4 minutes.
2000: Bucket / Tub ā Replacing the metal Handles with
plastic handle bucket and also changing the colors
and pattern from traditional Red / blue / green to
new vibrant colors.
2002: Shoppe Basket ā Replacing the earlier design & size
with sizes to accommodate tiļ¬n box and water
bottle of school going children.
2005: Introduced cleaning products ā Replacing the low
quality cleaning products with high quality &
aļ¬ordable products.
2008: Hyper Basket ā Introducing basket for Modern retail
in store.
2011: Zara Cloth Pegs ā Replacing the orthodox metal
spring pegs with all plastic rust free Pegs, with
much more durability.
2014: Vintage canisters ā Replacing the steel Tea, Coļ¬ee,
Sugar containers with vintage ceramic looking
plastic canisters.
2016: Bag Hanger ā special shape hanger that protects the
bag from wear and tear and also saves space in the
wardrobe.
2018: Introduced household products imported from
Turkey ā Launched unique pedal laundry bin.
Prime has been a forerunner in embracing changes ahead of
time. This has helped the company to attain instant
recognition, acceptance & popularity amongst the trade &
consumers in the shortest possible time. Today its products
are stylish, modern and come with a contemporary look.
Incorporating the market demands and changing consumer
needs, it manufactures products that are appealing to the
eye along with having uniqueness and smart features. It has
registered several designs & patents with the Trade Mark &
Patents Authority. The company has consciously &
carefully nourished & built intellectual property rights
around its innovative products.
Challenges ahead
The big challenge that the company is facing in current
times is the lack of awareness & knowledge, of good or bad
plastic & the health implications associated with it. Due to
the government & media coverage, all plastic products have
come under the scanner for being bad for health, which is
not the case. People world over are using it & the
convenience that plastic oļ¬ers cannot be substituted. It is
important to educate the customers about the various grades
of plastic available and the correct recycling practices that
need to be employed.
The Leading Light
Prime was started by two brothers Mr Surendra Sanganeria
& Mr Jitendra Agarwal. Now as the Managing Director of
Something
New for
you Always
āāāā
18 | July 2019 |
21. Prime Housewares Ltd, Mr.
Jitendra Agarwal has been the
source of inspiration for the entire
group. Today as Prime is scaling
new heights and creating
milestones by each passing day,
Mr. Agarwal continues to be the
epicentre of all business activities
at Prime. An enthusiastic,
self-motivated and a challenge-
driven person, it is his
entrepreneurial personality that is
reļ¬ected in Primeās constant
endeavour to develop, modify &
innovate novel products. All these
years, Prime has been nourished
by Mr. Agarwal & his team,
headed by his brotherāinālaw Mr.
Arun Agarwal. The roots of Prime
are further strengthened as his
children ā Mr. Ankit Agarwal &
Mrs. Aditi Purohit have also joined
the business after completing their
education from the U.K & U.S.A
respectively. These next-generation business leaders are
driving the newer business initiatives within the company
with a focus on innovative products and e-commerce.
Unique Products & Services that Scale Business
Executing and completing comprehensive projects with
utmost excellence on-time is Primeās forte! With its
impeccable reliability quotient, it has been able to engage a
diversiļ¬ed range of National & Multinational Appliance
companies. The company has become a preferred choice for
all the plastic packaging and promotional requirements of
most of the corporates across India. Acknowledging the
rapid growth of Private labels in the Indian markets, the
company provides its clients with OEM-type quality
services oļ¬ering unmatched experience. The key attributes
which helps Prime to stand tall amongst its competitors are:
Timely Delivery | Consistency in Quality | Competitive
Pricing | Innovative Designs
Talking about the product ļ¬nishing and quality, Mr. Jitendra
says, āWe strongly believe in āNo Compromise in Qualityā
even in the most competitive products segments. We have
earned a reputation in domestic and overseas market due to
our āQuality comes ļ¬rst, Customer is centricā policy.ā
Quality
comes
First,
Customer
is Centric
āā āā
When it comes to products, Prime twinkles like a
one-of-its-kind star oļ¬ering a curated range of exquisite
products which includes Premium Microwave products,
Microwave cookware, Microwave food containers, and
āStack and Storeā storewel containers. The product list goes
on and also includes LockāIt containers, Thermal lunch
sets, Rio baskets, Hangers, Kitchen products, Bath sanitary
products, Waste bins & Kids Lunch box and bottles. Apart
from all this, the company has also introduced silicone
bake-ware items in India.
With such initiatives in place, Prime is now a SEDEX
certiļ¬ed company striving to establish a global footprint. It
is all set to penetrate other important markets by associating
with well-known players in the industry.
19 | July 2019 |
22.
23.
24. IS: Brief us about the journey of your company ā origin,
inception, early challenges, success stories, major
milestones, to name a few.
Answer: Mayur Uniquoters Limited was established in 1994
through ļ¬nancial support from RIICO at Jaitpura Plant with one
coating line, Set up coating Line-II @ Jaitpura in 2005, Got
Quality Certiļ¬cation 9001:2000 in 2005, Set up coating
Line-III @ Jaitpura in 2008, Set up coating Line-IV @ Jaitpura
in 2011, Start Supply to USA Market for OEM in 2011, Set up
of Textile Unit @ Dhodsar in 2012, Set up coating Line-V @
Dhodsar in 2014, Set up coating Line-VI @ Dhodsar, Got TS
Certiļ¬cation 16949:2009.
IS: Brief us about the CEO/Founder of your company.
Answer: Mr. Suresh Kumar Poddar, a Science Graduate, and
the Chairman and Managing Director of Mayur Uniquoters
Limited, is widely recognized for his path breaking and
visionary contributions to spearhead Synthetic Leather Industry.
His excellent entrepreneurial skills have lead Mayur to climb
new heights year after year.
Mr. Suresh Kumar Poddar has started his career as a
commission agent, at the age of 22 in year 1968. Mr. Poddar
got the distributorship for artiļ¬cial leather of a renowned
manufacturer in 1976. Thereafter, he started new plant and
supplying Door Pads to Maruti Suzuki in 1979-80. Established
Mayur Uniquoters Limited with ļ¬nancial support from RIICO
in the year 1994.
Mr. Poddar conceptualized the unique and innovative business
model, leading Mayur from one coating line with a production
of just 0.25 million linear meters to six coating lines with an
installed capacity of 3.75 million linear meters per month. His
visionary eļ¬orts and leader lead approach, together with time
tested techniques, have enabled Mayur to lead on every front
and stay ahead of time
IS: Kindly talk about the exclusive
services/products/solutions oļ¬ered by your company that
distinguishes you from your competitors?
Answer: Mayur is the largest manufacturer of artiļ¬cial leather/
PVC vinyl, using the āRelease Paper Transfer Coating
Technologyā in India. Mayur has come a long way in the
past two decades from a meagre production of 0.25
million linear meters per month, to an astonishing 3.75
million linear meters per month, through our 5 Italian and
1 Chinese state of the art coating lines.
Our world-class infrastructure consists of a full range of
machinery to fulļ¬ll our knitting, processing, heat setting,
coating, embossing, and printing, lacquering, sueding,
tumbling and laminating needs. We value quality and
innovation thus, our Physical, Chemical and Product
Development Laboratories are capable of testing
predominantly all properties of artiļ¬cial leather for
diļ¬erent segments and applications.
Exclusive Services:
ā¢ DSIR approved Research &Development activities &
lab facilities
ā¢ R&D lab capable of producing proto type product with
right colour, Grain, Gloss, Touch & Feel.
Mayur Uniquoters Ltd
Visionaries For Tomorrow
Mukesh Sangla
Suresh Kumar Poddar
Chairman & MD
22 | July 2019 |
25. ā¢ R&D testing lab fully equipped to test 99% of the
requirement, to conļ¬rm performance, strength and
durability.
ā¢ Testing equipments include Xenon, QUV, Environmental
FOG, Seam fatigue, Seam Strength, Tensile and Abrasion
etc.
ā¢ New analytical capability with FTIR & GCMS.
ā¢ In house Fabric plant capable of developing new backing
fabric for new programs at fast pace.
IS: What is the vision and mission of your company?
Answer: Vision: To be the global leader in our industry
through a great customer experience
Mission: Our Mission is to Drive Proļ¬table Growth by
Providing an Excellent Customer Experience through
Consistency, High Quality Products and Services, With
Great Stakeholder Relationships, in a Sustainable Manner.
IS: Kindly introduce us to the latest services you are
working on or in the pipeline?
Answer: Introduction of PU Vinyl plant is in project stage.
We are also working on new product development for
German Auto OEMs like Daimler & BMW
IS: What kind of challenges do you face today in the
industry?
Answer: Challenges Faced:
ā¢ Competition from local manufacturers.
ā¢ Lack of skilled manpower in PVC Vinyl manufacturing
ļ¬eld.
ā¢ In sports shoe segment, Artiļ¬cial leather is replaced by
fabric
ā¢ Penetration of Chinese PU in footwear industries also
resulted in sales drop
ā¢ Dependency on import due to non availability of
domestic suppliers of Major Raw materials.
IS: How the Plastic industry has evolved in India in the
last decade?
THE10MOST
TRUSTED COMPANIES IN
PLASTIC
INDUSTRY
Answer:
India stands third in polymer consumption globally after
China and US. Per capita consumption of plastic in India
was low at 9.7 kg in 2012-13 as per Gobal Market
Research. Despite the slowdown in the economy uptil 2014,
the polymer industry in India is believed to be ļ¬nally on
track. With an increase in demand the polymer consumption
is expected to double by 2020, to about 20 million metric
tons.
IS: How has technology and innovations helped the
plastic industry to transform from the earlier years?
Answer:
ā¢ PVC Industry had innovations in stabilizer system
ā¢ Better plasticizers made with sustainable resources
ā¢ Higher strength requirements to make very chromatic
colour products
ā¢ New ļ¬llers for increased level with better physical
properties
ā¢ Additives with higher performance for UV & safe anti
microbial agent
IS: With increased regulations and reforms, how do you
portray the future of Indian plastic industry?
Answer: It will create better environment, reduced
pollution, re-use of scrap materials, better working
conditions, Healthy workers & Good family life
IS: How are you contributing in ļ¬lling the loop holes
and developing the plastic industry?
Answer: Set up the latest technology with higher and better
eļ¬ciency equipment. Process Automation to avoid the man
intervention as much as possible. Developing the substitute
for better quality in competitive price.
ā¢ Major Prominent Clients: Chrysler,
Maruti, Mahindra, Ford, Tata Motors,
Honda, Veekesy, Paragon,
ā¢ Headquarter in: Jaitpura, Jaipur
ā¢ Founded in Year: 1994
ā¢ Employees Headcount: 1200+
ā¢ Your Tagline / Quote: A Texture For
Every Idea
23 | July 2019 |
26. Nowadays we are living in a
world where earth is being
polluted in many ways by
human actions like air pollution, water
pollution and noise pollution. Since our
school days we are being studying
about the pollution and its hazardous
eļ¬ects to globe. Due to cutting oļ¬
trees, increase in rate of air pollution
we are now facing the issues like
global warming, uncertain climatic
changes, irregular rainfalls etc. We
ourselves are responsible for the
happenings and uncertainties. Addition
to this we are also facing the problem
of plastic pollution as it is being used
in our day to day life on large scale.
Excessive use of plastic is now
becoming hazardous which is leading
to pollution and harmful eļ¬ects on
globe as plastic is non-biodegradable.
When plastic is being thrown on
ground it reduces the fertility of the
soil. Also when it is dumped in water
the life in water gets aļ¬ected. The
small particles of plastic may get
mixed with the water which is being
used for drinking and that may be
harmful to the health of and individual
or animals. It is a material that lasts
forever and never goes oļ¬. It just
breaks down smaller.
To avoid this hazardous and harmful
eļ¬ects of plastic we should take some
corrective actions like Recycling of
Plastic. This may help in reduce the
pollution which is createad out of
plastic and instead of dumping it in
grounds or in water reuse it. Their are
number of ways through which plastic
can be reused at individual level and
ultimately help to reduce pollution.
Each and every individual should take
the responsibility of reducing the
pollution and contributing his or her
part to save the earth from harmful
eļ¬ects.
Plastic recycling is nothing but to
collect diļ¬erent plastic materials and
then reprocess it into variety of
products that can be again made
available for use. Before recycling any
of the plastic waste, it has to go
through ļ¬ve diļ¬erent stages :
Sorting: Plastic is being sorted out
according to its type and making so
that it will be helpful to process it
accordingly in shredding machine.
Washing: After the sorting process the
plastic wastes has to be washed
properly to remove the impurities like
adhesives or labels. This help to
increase the quality of ļ¬nished product.
Shredding: Once the product is
washed it is then forwarded for
shredding. In Shredding process, waste
are loaded on diļ¬erent conveyer belts
which run waste through diļ¬erent
shredders which tear up the plastic into
small pellets and preparing it for
recycling of other product.
Identiļ¬cation and Classiļ¬cation: In
order to ascertain the quality a proper
testing is done of plastic pellets.
Extruding : This process involves
melting of the shredded plastic so that
it can be extruded in pellets then they
are used for making diļ¬erent types of
products.
Some of the ways to reuse the plastic
are being mentioned below which
would help to reduce the pollution.
This are home made ways which can
help to reuse the plastic in diļ¬erent
useful ways.
Home made ways or techniques to
Recycle the Plastic:
ā¢ The person can use his creativity
for making diļ¬erent household
articles out of plastic. It may be
reuse of old bottles for making
snack container.
ā¢ or reusing it for planting the plants
and using the bottle as sprinkler in
garden.
ā¢ Making a pen-holder.
Above mentioned are just some
illustrations which can help you out to
get some ideas and use your skills for
recycling of plastic and take initiative
towards reducing the ill eļ¬ects of the
same in the environment.
RECYCLINGOFPLASTIC
PLACING THE
BEST FOOT FORWARD
- Tejaswini Whaval
24 | July 2019 |
Changing Face
27.
28. The Indian plastic industry started
oļ¬ with producing polystyrene in
1957. Over the period of years,
the industry today employs over 4 million
people, comprises of more than 30000
processing units in which 85-90 percent
are SMEās. Industry reports reveal that
India is ready to have 18 plastic parks and
the Government will be investing Rs 40
Crore (US$ 6.2 Million) to increase the
domestic production of plastics. This will
achieve environmentally sustainable
growth and increase employment.
Spreading the mantra of ādoing things
diļ¬erently and innovationā to achieve
success in the fast changing world with
the help of experience, a promising
company entered into the industry called
as āSignet Industries Limitedā. The
company was formed in the year 1985,
headquarterd in Indore, Madhya Pradesh
and has a head count of over 520
employees. Itās belief in creating the
world a better place has managed itself to
develop a prominent client base such as
Larsen & Turbo, TATA Projects Ltd,
Sardar Sarovar Narmada Nigam Ltd,
Megha Engineering & Infrastructures
Ltd. The company is also listed in BSE
andNSE.
FrontrunneroftheCompany
Signet is one of the fastest growing
company in Plastic processing in
irrigation and infrastructure segments.
The person behind creating this venture,
touching the epitome of success is Mr.
Mukesh Sangla. With an experience of 4
decades in the ļ¬eld of plastic and
agro-industries, Mr. Sangla is a graduate
from Ujjain University and started his
business at a very young age with the
distributionofcoalandbooks.
Signet Industries Limited
Delivering Innovative and Quality Based Plastic Products
The world
of extra
ordinary
progress
ā ā
Mukesh Sangla
Saurabh Sangla
26 | July 2019 |
29. Mr. Sanglaās hands on expertise in the companyās ļ¬nance and
strategies and passion for work has ensured the companyās
mark in every business operation. The internal teamās
performance ability and system driven organization are
considered to be his biggest strengths. He also envisioned to
provide a good quality product at the best prices available. In
thePolymerIndustry,heisawellrespectedperson.
Mr. Saurabh Sangla is a second generation entrepreneur and
is the Executive Director at Signet Industries Ltd. He
completed his Bachelor in Science in Industrial Engineering
and Operations Research at University of California at
Berkeley in 2002. He steers companyās manufacturing
growth and has played key role in implementing project
swiftlyataveryfastpace.
RenderingExquisiteProductsAndServices
Signet understands farmerās and all end userās problems and
delivers a solution with the help of an expert team. The
establishment of complex supply supply-chain management
and world class modern infrastructure with focus on fulļ¬lling
the needs of end users on a timely basis has been the key to its
success. Companyās vision is to integrate and add value to
needs of the country by introducing modern irrigation
systems that will be fruitful for the farmers and the economy
of the country. The company is one of the few companies that
provides end to end solutions for drip irrigation from farmer
training, soil and water testing, project design to
implementationandaftersalesservice.
Banking only on best global technologies and manufacturing
products that cover wide range making Signet is a one-stop
shop for all users has been an extremely rewarding approach.
The Company started with the distribution of DCWās PVC
resins and imported Polyoleļ¬ns. During the year 2017-18, the
company entered into producing CPVC pipes & ļ¬tting
segment and expanded the PVC ļ¬tting range and HDPE &
Drip irrigation capacity. Currently, the company is producing
upto 650 mm large diameter pipes. Recently, it launched large
diameter ļ¬ttings for HDPE pipes and also launched DWC
pipes.
Further, the company is currently working on developing
gas-pipelines and many more projects, in-line for both
agriculture and infrastructure space. The company is taking
the initiative to improve production eļ¬ciency in the company
through automation and implementing industry 4.0. It also
expanded its dealership networks and expanded PVC lines for
infrastructureprojectsacrosskeystatesinIndia.
Award : Signet received MP Brand Leadership Award 2019
fromWorldMarketingCongress.
GiftsfortheSociety
Apart from fulļ¬lling its organizational goals, the company is
also utilizing its resources for the development of the society.
Signetās work ethics and continuous improvement towards
the better cost of production has allowed the customers to buy
virgin plastic rather than cheap environmental hazardous
plastic. The governmentās initiative ā GST has helped the
company to train the users about the beneļ¬t of virgin plastic
and avoid any use of plastic that strains upon the environment.
FutureProspectsfortheIndustry
Even though the company faces challenges, the technology
developments and innovations in the industry has helped
them in overcoming those obstacles. The company foresees a
strong future of plastics with a lot of innovative biodegradable
polymers. The Biodegradable plastics industry is expected to
be worth $6.12 billion by 2023. Globally reinforced plastics
market is anticipated to reach $16 billion by the end of 2019.
These plastics have been widely used in the automobile
industry oļ¬ering a great alternative to metal components.
Another component of innovation is 3D printing. It is
tremendously improving various aspects of plastic
manufacturing and will continue to remain a catalyst for
re-imagining options for plastic parts. With desktop 3D
printers already on the rise, multiple plastics manufacturing
companies are investing in the research and development of
advancedplasticsfor3Dprinting.
THE10MOST
TRUSTED COMPANIES IN
PLASTIC
INDUSTRY
groupsignet.com
27 | July 2019 |