Is plastic recycling business profitable?

Plastic recycling is a profitable business, it can convert waste plastic into fuel oil for heating purpose in industries.

Waste plastic which knew as “White pollution” includes packaging bags, plastic molds, disposable tableware, plastic bottles and other plastic products, it is discarded into solid waste after use. Due to their extensive use and difficulty to be degraded and treated, it causes pollution to the ecological environment and landscape.

Plastic pollution

In recent years, many waste plastics processing companies will simply landfill the waste plastics. While this not only cannot obtain the income, will cause the secondary pollution to the land. In this way, the plastic recycling business profit is not good.

Considering about this, we propose the solution of plastic recycling by pyrolysis. By pyrolysis, waste plastic will be converted into fuel oil and carbon black. In this way, the plastic recycling business profit is high, clients can sell fuel oil to boiler factories, and sell carbon black to cement factories.

 

Plastic recycling business

Take Chinese market as example. The price of fuel oil is 570 USD per ton, and 60 USD per ton for carbon black. Usually for mixed waste plastic, it can get 30%-60% fuel oil and 40% - 70% carbon black from plastic. Here is a table of mixed waste plastic recycling business profit, the prices are refer to local market in China:

Item	Take 10T mixed waste plastic as raw material	Cost & Profit
1	Cost of 10T waste plastic	free
2	Profit for (30% -60% oil yield from plastic ) fuel oi	(3T-6T)*570 USD =(1710 - 3420) USD
3	Profit for carbon black (40% - 70% )	(4T-7T)*60 USD =(240 - 420) USD
	Totally plastic recycling business profit for 10T	(1470 - 3000) USD

Besides the above profit, in some market, in order to incentivize waste recovery companies to deal with plastics, the government will subsidize the companies by ton when they process waste plastic. So in general, the plastic recycling business profit is considerable.