Sedel Recycling

Company SummaryThe Company will capitalize on the opportunities in the recycled resin and packaging markets through two main divisions:a Recycling Division and a Packaging Division.Recycling DivisionUsing a patented process, the Company has a PET cleaning and refining plant located in the western Nigeria; we chose this region becauseof its environmental favorability and because most leading manufacturing companies have their plants in the west (Ogun, Ibadan) .Her annual capacity is 46 million pounds and it utilizes bottle feed stock from Lagos and Ogun State, which collect over 100,000,000 pounds per year.The Company is totally vertically integrated, and use all or almost all of its recycled material in its Manufacturing Division. The Companycurrentlyhas commitments fromcustomers who purchase virtuallly all production capacity. 2.1 Company OwnershipSedel Recycling is owned by the initial founder, S, Matanmi, who is the proposed executive of the operating entity.The plan was conceived and developed by him, with the intent to apply his extensive experience and contacts in the industry to building a successful profitable organisation.