Waste Management

RACE is engaged in collection, trading and supplying recyclable waste to recyclers who eventually convert the waste into useful products. This supply chain makes a major part of our business currently and we are attempting our efforts in multiple waste types currently and roaring for more as we progress.

1. PET Plastic Bottle Waste:

Race is one of the largest aggregators of PET plastic bottle waste collecting and supplying approximately 100000 MT per annum currently. 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 rules of ESG and no child labour policy. 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.

2. Non-PET Plastic Recycling:

Race is also involved in Non-PET plastic such as LD, HD, PP etc waste 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 rules of ESG and no child labour policy.

3. Wastepaper:

Race is also engaged in collection of wastepaper and supplying it for recycling to paper manufacturer. Presently we are supplying to only one manufacturer and propose to add more at later stage. During 2021-22, the company has 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. 

4. Metal Waste:

RACE has made an informal tie up arrangement to lift Metal waste from one of the leading steel pipe manufacturer and supplying it to recyclers and users. The business is carried out on cash terms.

5. Other Waste

RACE runs several waste collection and management projects for R&D, collections of E-waste, Battary waste along with brands and organizations creating a sustainable circular economy for collection , recycling and reutilization of all kind of waste.