Divine Polymer Products Ltd.

The Company has signed MoU with the reputed MNC – M/s Recycle Bank Ltd., U.K. for supply of raw material – 40% from Europe, U.S.A. and Middle East and Buy Back of Finished Products – 60%

Beside above, Recycle Bank Ltd., U.K. is to provide assistance for appropriate Technology for Manufacturing and source of Machinery.

In addition to above arrangement the company has received firm orders from Colombo, Sri Lanka, UAE & UK aggregating to 1200 MT per month

An agreement has been signed with M/s Recycling Bank limited, UK. As per the agreement M/s Recycling Bank Ltd. has agreed to ensure timely and regular supply of PET bottle in bale form to CIF Kandla basis on Letter of Credit/CAD terms sourced from Europe/USA/Middle East at most competitive rates. As a buy back agreement Recycling Bank will purchase finished products from Divine Polymer against Letter of Credit at the prevailing market rate. M/s Recycling Bank Ltd has also agreed to provide assistance to identify appropriate technology and source capital equipments from European suppliers.

Divine Polymer Products Ltd. has also entered into an exclusive agreement with m/s Recyclers Inc. & Co. Ltd. Hong Kong.

As per this agreement Recyclers Inc. has agreed with Divine Polymer to ensure timely and regular supply of PET bottle in bale form on CIF Kandla basis on L/c or CAD terms, sourced from Europe/USA/Middle East at most competitive rates. As a buy-back agreement Recyclers Inc. will purchase finished products from DPP Ltd against Letters of Credit at the prevailing market rate.

The Company has offices in Mumbai, Delhi, Indore, Pune, Vadodara.