This post is a part of the Early Stage Climate Startup series from Climafix 2024
Highlight
- Specializes in metal recycling services for both ferrous and non-ferrous metals, processing over 1,000 tons of scrap per month.
1. Value Proposition
- NST provides recycling solutions for ferrous (iron, steel) and non-ferrous metals (aluminum, copper, brass, stainless steel, lead), handling volumes of over 12,000 tons per year, recovering 98% of valuable scrap metals.
2. Pain Points
- India alone generates 25 million tons of metal waste each year, much of which ends up in landfills. NST’s recycling process reduces the need for new metal production, saving up to 95% of the energy required to produce metals like aluminum and copper.
- Businesses struggle with managing their scrap due to logistical challenges and inefficiencies in metal recovery. NST offers end-to-end scrap management services
3. Climate Impact
- CO₂ Emissions: NST Hitech’s recycling operations prevent over 20,000 tons of CO₂ emissions annually. Their approach reduces CO₂ emissions by over 60% when compared to raw material extraction.
- Mining: NST helps reduce the demand for virgin metal mining by up to 25%.
- They are also responsible for metal recycling and preventing toxic metal waste from entering landfills.
4. Current & Future Target Segments
- Current Target Segments: They currently serve automotive plants, construction firms, & electronics manufacturers in Chennai and surrounding regions
- Future Target Segments: NST aims to scale its operations nationwide, opening additional recycling facilities across India’s major industrial hubs.
5. USPs
- NST has an advanced, high-capacity recycling infrastructure, ensuring a 98% material recovery rate.
- NST offers a full spectrum of metal recycling services, including both ferrous and non-ferrous metals, catering to industrial, commercial, and residential clients.
6. Team Profile
- Syed Sultan – Founder