We have heard for decades that alternative energy and recycling cannnot take off until the cost makes the economics worth it.

In this piece, Mr. Fava describes how big of a business the recycling of plastics has become.

Plastics Recycling….A Bigger Business Than You Think.

by Phillip Fava

Since the day we were born, we have always heard that we should recycle plastic. Blue bins are ubiquitous across the globe. Recycling is good for the environment, and therefore, provides us with a satisfaction that we are making the planet a better place to live. However, recycling plastics is also big business, and with the rise of globalization, it will only get bigger.

Across the globe, millions of people are using technological advances to lift them out of poverty. As this Marco trend continues, it is important to understand the impact that this will have on the scrap recycling industry. Plastic is one of the most commonly recycled materials in the world. Everything from bottled water, to computer stations, to plastic lumber will see a tremendous increase in demand. The plastic scrap recycling industry has developed new technology that will allow these products to be recycled and reused.

Recycling plastics is much bigger than the retail (or consumer focused) side. There is a tremendous amount of industrial recycling as well. Plastics have managed to find their way into a variety of products that can be found on construction sites across the globe. For example, recent technological advances have made it possible for plastic bags to be turned into plastic lumber. Think about how beneficial this can be for the environment, now that we can substitute trees for plastic bags. This will revolutionize an entire industry, and will reduce the carbon footprint of new buildings.

The Institute of Scrap Metal Recycling Industries has compiled a great list of statistics that demonstrate the potential for this young industry. In 2009, 479 million lbs. of post-consumer non-bottle rigid plastics were recovered. This is a 47% increase since 2007. In 2010, the US exported more than $940 million plastic scrap. There is an 80–90% reduction in energy consumption when producing recycled plastic compared to producing plastic from virgin materials. In 2009, 854,377,000 lbs. of postconsumer plastic film were collected for recycling.

Although this may seem like a win-win for everyone involved, the plastics recycling industry still faces some headwinds. These challenges range from the inaccurate perception that recycled materials are inferior to virgin materials to regulations that didn’t include the possibility of recycling plastics.

It is up the plastics recycling industry to work closely with the manufacturers to sort and prepare the plastic to produce a product that will have a positive impact on the economy & environment. As the demand increases, and consumers become educated, the market for these materials will expand. This will benefit both the plastics recycling industry, as well as the environment.

Original post on Forbes

27 Responses to “Recycling Plastics Is Big Business”

  1. chalacharp says:

    Check my channel for free cracked RSBot 🙂

    Includes all good paid scripts like Frost Dragon Killer, iDungeon pro plus many more scripts for money making for example! Enjoy!

  2. its to see so many people who can’t pick it up , janitors or no janitors . And you think I can’t see all the other problems in the world ? In fact I can , and this is one of them . And wrong , I m not a vegetarian , so you really aren’t very good at guessing things .

  3. srippolsso fana says:

    As a plastic can be recycled also it has a great demand in the making of plastic spouts especially pour spouts used in packing the bottles.

  4. One year after PAYT, Sanford’s recycling rate is down: For every pound of solid waste we recycle, the taxpayers …

  5. The same thing applies to liquid mercury, right? The pure metal is fairly harmless, but the salts and oxides are harmful. Is that correct?

  6. Meetings finished interesting presentation on recycling bikes as of people out of work 2 get new skills while lookin 4 a job –

  7. her gerger says:

    Recycling tips from shawty I stuffed A LOT of plushies into a bolster case then use as bolster in my hostel lol

  8. bungmannar says:

    Five leading printer ink brands have linked up to deliver a recycling scheme in Singapore designed to make it easier for consumers to be green.Brother, Canon, Dell, Epson and Lexmark are taking in Project Homecoming, the country’s first branded printer ink and toner recycling initiative.Combined with the of the National Environment […]

  9. poynthie kams says:

    2pac respected the city of ny but not the rappers from there because they were corrput. look at jay z and puffy. both of them are illuminati. and the rappers from new york the feud between the east coast and west coast.

  10. Would love to know who has been watching porn on my computer – putting the file to the recycling bin and not deleting it properly

  11. so three of us got told off for talking in stats. then we had to take the recycling out. and then… we got free erasers from the teacher.

  12. kuzette says:

    The 2009 and Market for for Air or Vacuum Pumps, for Air or Other Gas Compressors and Fans, and for Ventilating, Recycling, or Cooker Hoods with Fan in Denmark ebook –

  13. tatges harant says:

    I was reading The Guardian recently when I came across an about a company who had developed an innovative use for recycling human waste, well not all human waste, just the err!….. well….Poo, Poop, Turds, Richard the 3rd, long-john, logs call it what you will, this company has devised a way of turning human […]

  14. bieglitsuh dha says:

    That’s a legit problem with news media. Driving up page views by recycling viral stories/non-stories. Makes us all look bad.

  15. Dewan Shuvo //Open Networker// BWAY Corp.’s Eco-Pail and Other Recyclable Industrial Packaging: As we saw in the post about bottle recycling<...

  16. Forget investin in a shower cap.This is what I call recycling-or being raff.What ever floats ur boat,still does the job

  17. FF poll: should I (a) go take the recycling to the dump and get gasoline for the mower, or (b) stay home and work on laundry?

  18. fonterhaef fouchal says:

    Glad Recycling Bags, Blue, 30 Gallon 8 bags: 1 ft 7 inch x 11 inch x 2 ft 9 inch x .95 mil. Ideal to hold recycl…

  19. boi fran says:

    6pm.com is proud to offer the Patagonia – Men’s Squeaky Clean Polo (Timmy’S/Aquamarine) – Apparel: There’s nothing wrong with being squeaky clean , especially when you wear this Patagonia top. ; Relaxed style with an organic twist. ; Re-designed with a simplified collar and button placket. ; Patch pocket on the chest. ; Side vents. ; Straight hemline. ; Allover stripe design. ; 100% recyclable through Patagonia’s Common Threads Recycling Program. ; 4.5 oz. 100% organic cotton jersey. ; Machine wash warm, tumble dry low.

  20. judkinnate says:

    IIkaseyII: The city should really tell us more about our recycling options. We should get PAID not pay for OUR goods. I ju…

  21. clauchocke polo says:

    Seeing as my last Twitter request went so well, anyone know anyone looking for a housemate in London from Oct? I like music, tea & recycling

  22. pleasantonpatch: The city should really tell us more about our recycling options. We should get PAID not pay for OUR goods…

  23. zeinido venke says:

    Tribepost Ltd – Essex – Our client is a leading multi-service provider in the UK. We offer the complete package in soft services for the retail, leisure, public, commercial, and logistics sectors. Our services include Cleaning, Waste Management, Recycling, Landscaping, Pest Control, Washroom Services, Maintenance, Security and Specialist Services. At Servest we are environmentally considerate and provide qualit

  24. mciline mumfortheu says:

    Clear the Clutter at the City of Kent’s Recycling Event on Sat., Oct. 20 (9 am – 3 pm) at Russell Road Park….

  25. cabell guichi says:

    Why me? Sometimes, God allows the to fall on the person who has the will to break the cycle from recycling thru th …

  26. If you ring Konica and inquire about recycling their ink they will tell you to just stick them in the bin!

  27. teoutsanas says:

    A man was found dead at a recycling plant after apparently climbing into an industrial bin outside a takeaway and falling asleep.

Leave a Reply

Your email address will not be published. Required fields are marked *