Yes, Plastic Recycling is profitable.
An overview of the recycling industry will show that the recycling sector of plastic scrap has grown more profitable over the past decade. Plastic scrap recycling saves natural resources and reduces production costs as petroleum costs rise.
To clear and apply formula “sale-cost = profit”, we need to know two issues:
- How much does it take to recycle one ton of waste plastic?
- How much one ton of plastic pellets?
In general terms, according to our many years of experience in the plastic particle recycling industry, the recycling price of different materials is not the same. The price of plastics recycling is also constantly changing. For example:
- Woven bags are the cheapest. The recycling price of one ton is about $196.
- The price of waste scrap bottles is around $560.
- The recycling price of ABS material plastic is around $560-981.
How much is a ton of plastic particles?
- The price of granules in woven bags and plastic bags is around $420-560.
- The price of plastic bottle pellets is around $840-1121.
Then, applying the above formula, the gross profit of one ton of plastic pellets is around $280. The profit is huge! Products made by recycled resins should be cheaper than by plastic resins. Besides, recycling of old plastic products requires less energy (20% –40%) than manufacturing original plastic products.
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