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

Automotive manufacturing company for the showroom, SurplusTek, Matex Technologies
SurplusTek logo, Matex Technologies

Sourcing New Opportunities: The Vintage Chassis Achievement The Vintage Chassis Sale for a leading Automotive manufacturing company for the showroom price

Leading Global Automotive group in India chooses Matex for a high-value demolition auction in Chennai.
ValueTek logo, Matex Technologies

Leading Global Automotive group in India chooses Matex for a high-value demolition auction in Chennai.

16.71% Higher HDPE Scrap Value Realization through Forward Auctions
ValueTek logo, Matex Technologies

16.71% Higher HDPE Scrap Value Realization through Forward Auctions

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