One of the fastest growing types of collected plastic materials for recycling is polyethylene terephthalate "PET" from post-consumer beverage and water bottles. Replay Plastics will capitalize on the opportunities in the recycled resin and packaging markets through two main divisions: Its initial capacity will be 46 million pounds, and it will utilize post-consumer bottle feed stock presently collected in California, Oregon and Washington States, which collect over million pounds per year.
You have many options, depending on how much time, energy and money you want to invest in your business. You can start small, by collecting plastics and outsourcing processing to another company, or you can buy processing equipment and do the processing yourself.
Before getting started, it's important to thoroughly research local manufacturers and determine whether there is a demand for recycled plastics in your area. Preliminary Research Take a look at the recycling market you intend to operate in.
Look online or in your local business listings to find plastic recyclers in your area. Decide whether a new plastic recycling company is in need in your community before getting started.
Research manufacturers in your area who will pay for recycled plastics. Learn what kinds of plastic are in highest demand among manufacturers and how much these companies will pay for your recycled plastic.
Create a Collection Plan Decide how you will gather recyclable plastic, whether by picking it up yourself from residential areas, contracting with local volunteer groups who can collect plastic for you or creating a dropoff center at your business site.
Make arrangements with local businesses and volunteer groups and see if they will donate their recyclables to you.
You can also boost your intake of recyclables with authorized placement of recycling bins in high-traffic areas. Avoid recycling until you have received a valid license. A location that allows drive-up and drop-off recycling is ideal.
Make sure there is sufficient space for your processing equipment. For increased traffic and customer convenience, select a location in a centrally located area.
Necessary Equipment Search online or in industry publications for the best deals on used shredders, crushers, extruders, washers and solar dryers. Purchase a vehicle large enough to transport processed recyclables to buyers.
Market and Collect In addition to marketing your recycling business using traditional methods, such as posting fliers, advertising in print, creating a website and posting in online news publications, consider digital and mobile marketing.
Social-media advertising, for example, is more cost effective than traditional marketing tactics and reaches a far broader audience -- 65 percent of U.Replay Plastics plastics recycling business plan executive summary.
Replay Plastics will open the first PET recycling plant on the west coast, turning plastic bottles into extruded sheet and strapping.
Basics Of Recycling Business: Recycling itself is a larger concept of business. You can alarmingly earn more in this business in India as you can find plastics thrown after usage; however, the user does not know the importance of the recycling plastic when he does that! As a part of our ongoing efforts to exploit this opportunity we will recycle the plastics and then produce kitchenware items and other related plastic material.
We will also sell the recycled plastics to the companies in the plastic business.
We will have a recycling plant along with the production unit.5/5(3). Plastic recycling business plan 1.
Idea Title: Plastics Recycling Business Plan 2. Sustainable Environmental Technologies cc Business Plan – Recycling Project /01/18 2 of 10 A. Introduction This business plan has been drawn up as a basis for starting a process of creating or. This plastic recycling business plan for the collection and supply of plastic bottle recyclables, would give you a broad insight on what it takes to start collecting plastic bottles for recycling.