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Jun, 08 2018

How to start a plastic recycling business?

Plastic is one of the major cause of global warming today, it is causing congestion and increasing the concentrated plastic waste.

How to start a plastic recycling business?

‏”We will get back only as good as we give”, Jagrati Shukla, Journalist

Plastic is one of the major cause of global warming today, it is causing congestion and increasing the concentrated plastic waste. The best way to help improve the environment is by cutting down and recycling of plastic.

"The wasteful & greedy nature of our consumerism has made #plastic become a threat to the natural environment, our health and our society. We must reduce, recycle & substitute!” Marco Lambertini, Director General of WWF.

This business would not only help in improving the environment but it is one of the recent businesses people are getting into. More and more people are starting plastic recycling business.

Here is how you can get into this business.

Research

The recycling market is new and has not gained much attention yet. It’s better to research about the market, their functions, aims to understand their work better. Look out for the plastic company who are willing to work with you and who are ready to pay for the recycled plastic. The best thing to do is to learn about the different types of plastic, their demands and the value of recycled plastic in the market. All these things will give you some depth on this business.

Make a business Plan

Make a plan, contact NGO’s or talk to some local volunteer who can help you in gathering the plastic across. You can talk to different authorized placements of recycling bins to receive more plastic wastes. Plan everything according to the area you want to start your business at and you can also talk to different shops or organizations who can provide you with the waste plastic material. It is best if you plan how you want to carry your business forward and contact people from the business for further help. 

Location and License

If you have decided and made plans for execution of this business, make sure you get a business license. Decide a location that you think would fit for a plastic recycling company; get a license for that location. Make sure the location you choose has enough space for installing the equipments. It is important that you consider taking up a location outside of a busy area.

Equipment

Talk to an already existing recycling business person; ask him about the equipments that are needed for this business. Search for the equipments online or offline or you can also buy them on E.M.I. You would also need to furnish the location with the required things for the employees. The machines which are normally used are shredders, crushers, extruders, solar dryer and washer. You would need a large vehicle to transport, so its better you count this in as well.  

Promote

It is very important to promote your business and promoting a business like this would require push from the local NGO’S and volunteers. They can help promoting it at other NGO’S, parks, schools etc. Getting it online on all the social media platforms would also help creating awareness and people getting involved in it. You can also get in touch with schools and initiate plastic collection there. In this business you would need to be in regular touch of the volunteers and schools or parks to get the waste plastic supply regularly.

 

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