Ecoresurs Group Ltd
IndustryRubber and plastics
1 Industrial Street
25014, Kirovograd (Kropyvnytsky)
Company Address firstname.lastname@example.org
Mr. Viktor Paramonov
Project typeJoint venture
Project abstractEcoresurs Group Ltd, Ukrainian company specialised in processing of PET waste into PET flakes, is searching for Finnish partners for JV and production of POY multifilament yarn.
Project descriptionThe company, established in 2005 is based in Kirovograd (Kropivnitsky), Ukraine and currently employs 15 persons.
The company processes waste PET (pressed in bales of bottles of water, juice, beer and other beverages) into PET flakes. The company has more than 20 years of experience in the processing of PET waste. The production capacity of their plant is 10,200 MT of PET flakes annually. The company's target markets are Ukraine, CIS and EU countries.
The customers so far have been traders of PET flake.
The company is currently looking for a partner to establish JV in Ukraine for production of multifilament POY yarn. The main idea is to add production of PET multifilament POY yarn denier range 100-300 den final into the company plant’s production program. POY multifilament yarn is used in the production of textile yarn, high tenacity yarns. ECORESOURS GROUP LTD is ready to provide the JV with personnel, raw materials, necessary land, industrial buildings connected to communications, warehouses, part of finances needed. According to their assessment, there are large markets for traditional products like PET flakes as well as PET POY multifilament yarn in Ukraine, CIS and EU.
Number of employees10-49
Annual turnover in €0,5 - 2 million
Annual balance sheet total0,5 - 2 million
Already engaged in international co-operationYes
Percentage of transnational activities10 to 49%,