Greentech Ltd Novi Sad utilizes post-consumer PET packaging as a raw material in its recycling facility in Mladenovo near Backa Palanka, with its further usage for the production of polyester fibers within the Green Group. Production completes the full cycle at Greentech - PET purchase, PET recycling and PET finalization. Mladenovo production facility capacity is 600 tons per month. The average facility occupancy rate is 50%, thus remaining wide open to long term collaboration with new suppliers operating in Serbia. The company employs 38, operating with utility companies and waste collectors from Novi Sad, Belgrade, Nis and other cities.
Established by the young entrepreneur SETrade has early recognised the need for the
controlled Electric and Electronic Waste (recycling WEEE) in the country. Considering that they are the very first WEEE processor with adequate machinery and professional made equipment, the management is hoping to achieve high volumes of processing and reach a
profitable operation in a shortest possible timeframe. WEEE in Serbia is currently not systematically collected and abundance of old household equipment, Personal Computers and other waste could be found across the country. There are several black spots which are considered to be the most acute, mainly around large Serbian cities. Having in mind that in previous 40 years no organisation, institution or private individual has taken systematic action in this direction the amounts which ought to be retrieved are immense.
Absence of WEEE collection and processing has already enabled SETrade to sign important
waste collection contracts from several large companies and municipalities. These collections are chargeable and SETrade earns revenue from this initial activity. On the output side, over 60% is separated as a valuable material that can be re-used in various industries. The list of precious metals and other elements is outlined in further text. Prices vary, but given that most of these metals are traded on commodity exchanges around the world, buoyant demand exists
in this part of the world too. SETrade has in this way closed the recycling process, but would like eventually to offer a “final product” which is 99,99 pure metal extraction. To achieve this, preliminary contracts has been signed with the local smelter.Early June SETrade has received large WEEE Recycling Machine manufactured by MeWa Recycling – world’s leading producer of recycling equipment. The machine is currently being
assembled by the manufacturer’s engineers and will become fully functional by the end of July.