12-09-2013, 03:43 PM
Ganesh Ecosphere Limited
Project Details
Ganesh Ecosphere Ltd. (earlier Ganesh Polytex Ltd.), a BSE listed company, is the country’s largest manufacturer of Recycled Polyester Staple Fiber (RPSF) using post – consumer PET bottles.
RPSF is an environmentally friendly polyester fiber that cost-effectively replaces virgin polyester fiber in numerous clothing and non-clothing applications. RPSF is additionally washable, durable, comfortable and hygienic that makes it a desirable alternative for foam, cotton and polypropylene in the manufacture of lifestyle and home furnishing products. Most application areas of RPSF are expected to see continuing growth driven by high consumption and favorable macro-economic factors.
Ganesh Ecosphere, with over two decades of existence in the industry, has periodically expanded its capacities and upgraded its technology while consistently maintaining excellent cash flows and profitability. IFCI Venture Capital invested in Ganesh Ecosphere in the form of growth equity to enable it to forward integrate into the spun yarn manufacturing business that uses RPSF as a raw material.