Challenges:

A leading manufacturing company near Thiruvallur, Chennai struggled with residue material disposal due to local and political pressures. Unsatisfied with a previous auction service, they sought a reliable partner. In 2017, Matex Technologies stepped in with a tailored solution.

Solution:

Matex utilized its industry expertise and strong bidder network to manage the residue material disposal. A strategic approach was developed to navigate local pressures, ensuring smooth and transparent operations. We prioritized safeguarding the interests of our clients at all times.

Benefit:

Since 2017, Matex has successfully managed residue material disposal without disruptions, allowing the company to focus on its core business without external concerns. We have so far handled a GMV of Rs. 84 crores approx. in their residue material disposal from the year 2018 till 2024.

Other Success Stories

₹60 Lakh Savings Through PVC Residue E-Auction, ValueTek, Matex Technologies
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How a Leading Conglomerate Monetized its PVC Scrap Streams and Achieved a 76.89% Price Increase.

Achieving 16.58% Value Enhancement in Refractory Bricks through Market-Aligned Digital Auctions
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Achieving 16.58% Value Enhancement in Refractory Bricks through Market-Aligned Digital Auctions

Indian arm of a German MNC leveraged the Proctek technology platform to solve procurement challenges, Proctek, Matex Technologies
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How the Indian arm of a German MNC leveraged the Proctek technology platform to solve procurement challenges

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