Petrec Zambia Limited

Company Description

PETREC ZAMBIA Limited is a Zambian registered company set up in 2007 for the sole purpose of setting up a Polyethylene Terephthalate (PET) recycling and performs manufacturing plant in Zambia. The production capacity of the plant is 4, 000 tons of granules and 1, 500 tons of preforms per year. PETREC projects to generate a combined revenue of US $2.8 Million per year with a net profit of over 22%. A thorough market research by independent organizations has been done to ascertain the viability of the project. The total capital required to start operation is $1.76Million, composed of site preparation, production equipment purchase and installation, mobile equipment and initial operating expenses components. PETREC Zambia is therefore seeking external financiers in form of: 1. equity partnership 2. lease financing 3. debt financing or 4. a combination of any of the three financing options PETREC Zambia is more than willing to avail a comprehensive business plan to would be financiers for consideration