About the company that is producing bags - By Jimit Patel
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About the company that is producing bags - By Jimit Patel
- 1. (Bioplastic carry bags and Garbage bags Production) Presented by Jimit Patel ABOUTTHECOMPANYTHAT ISPRODUCINGBAGS
- 2. COMPANYINTRODUCTION Founded in 2010 Located in Chennai province of India Develop biodegradable plastics Specialize in biodegradable bags Aspire to move further into industry with other biodegradable plastics
- 3. MISSIONSTATEMENT Founded on the premise of “Giving back to nature as much as we take” Manufacturing: Initiative to use hydropower in factories Products: Eliminate harmful waste 1. 2. Provide people with plastic necessities that help preserve the world for future generations Has commitment to the environment and an obligation to all mankind to protect the earth for future generations.
- 4. WHEREDOTHEYWANTTOGO? Perfect in bag design Extend presence throughout India and Southeast Asia Move further into industry Develop even more biodegradable plastic necessities 1. Hope of becoming industry leader 1.
- 5. People in China use up to 3 billion plastic bags daily and dispose of more than 3 million tons of them annually. The State Administration of Industry and Commerce also threatened to fine shopkeepers and vendors as much as MARKETRESEARCH 10,000 Yuan (US$1,465) if they were caught distributing free bags. Retail sales in China are $1 trillion a year and growing by around 18% annually.
- 6. Wal-Mart has 338 shops in 124 Chinese cities, with 90,000 employees and annual sales of approximately $7 billion. Government-controlled Bailianled the way with sales of 118 billion Yuan, or $18.7 billion, in 2011. By 2005, Wal-mart had more than 450 hypermarkets, supermarkets and convenience stores. Wal-mart today has 469 shops with annual sales of 14 billion Yuan ($2 billion).
- 7. They want to provide the majority of Wal- Mart’s environmentally-friendly plastic products within 8 years. 1. 2. The ultimate goal is to be the industrial leader in producing environmentally-friendly plastic products worldwide within the next fifteen years. 1. 2. 3. They hope to be the source of 10% of plastic bags in China within the next five years. 1. GOALS
- 8. WHATMAKESDIFFERENT? WHATMAKESDIFFERENT? Specializes in using a bacteria based Rudra Enzyme Technology 1. CHEAPER Affordable: $3.21 per kilogram 1. Contains all the same necessary functions and advantages as a plastic bag More durable than starch based bags Starch based bags cannot completely biodegrade the polymer matrix. NOT 100% biodegradable 1.
- 9. CONSUMERS Convenience for the consumer Each bag will state that it is 100% biodegradable China one of the most underrated environmental consumers Majority of population ages between 28-44 Well educated and environmentally conscious Growing middle class TaijinEco City 1. 2. 3. 4.