16.71% Higher HDPE Scrap Value Through Digital Auctions

About Client:

A leading plastic manufacturing company in South India faced challenges managing large volumes of HDPE scrap generated from damaged pipelines, chemical drums, and industrial containers. The scrap was piling up in their storage yard, leading to both operational inefficiencies and environmental concerns.

Business Challenges:

Manual scrap disposal methods yielded below-market realization due to limited buyer access.
Frequent delays in payment and documentation created compliance risks.
Lack of visibility into HDPE scrap price trends and real-time bidder competition..
Absence of structured sustainability reporting on scrap recycling.

ValueTek’s Solution:

Pan-India participation from verified HDPE scrap buyers and recyclers.
Transparent bidding with real-time price discovery and competition.
Digital documentation and fund flow via SmartPay, ensuring compliance and traceability.
Integration of sustainability metrics, tracking carbon footprint reduction through recycling activities.

By replacing traditional manual disposal with Matex Technologies’ ValueTek platform, the client gained better price realization, faster settlement, and a data-driven sustainability advantage.

Impact and Results:

Metric	Value (Rs)	Details
Revenue Growth (Total)	₹1 Crore	Incremental revenue from auctions across packaging lots.
Price Appreciation (Total)	27.88%	Increase from the opening value (₹3.57 Cr) to the closing value (₹4.57 Cr).
Lots Auctioned (H1)	59	Total number of lots sold in the H1 period.
Average Bidders per Lot	10	Level of buyer participation and competition.
H1 Value Increase	₹11 Lakhs	Absolute value increase from the H1 Start Value (₹0.66 Cr) to the H1 Value (₹0.77 Cr).
H1 Price Appreciation	16.71%	Percentage increase for the H1 lots.

Buyer Journey:

Through ValueTek’s transparent platform:

Buyers registered and verified digitally.
Real-time bidding enabled competitive participation.
H1 buyer secured the lot with instant confirmation and payment via SmartPay.

This built lasting trust and full visibility across the HDPE scrap value chain reflecting Matex Technologies’ commitment to transparent and accountable operations.

Sustainability & Social Impact:

By recycling HDPE plastic scrap, the client reduced:

Approx. 25 MT of landfill waste.
5–7% CO₂ emissions.
Supported India’s Circular Economy mission.

Matex Technologies, through ValueTek, continues to empower industries with digital tools for sustainable scrap management, enabling both profit and planet-positive outcomes.

16.71% Higher HDPE Scrap Value Realization through Forward Auctions

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