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Zero Capital: Make Money Recycling Plastics - Business - Nairaland

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Zero Capital: Make Money Recycling Plastics by Toconline16: 9:24am On Feb 16, 2019
What is Plastic recycling?


This is the process of recovering scrap or waste plastic and reprocessing the material into useful products. Since the vast majority of plastic is non-biodegradable, recycling is a part of global efforts to reduce plastic in the waste stream, especially the approximately 8 million tons of waste plastic that enters the Earth’s ocean every year.

Africa generates nearly 70 million tonnes of waste every year and majority of these wastes are plastics waste. As the Middle income class in Africa continues to rise, more goods will be consumed leading to even more plastics waste in the ecosystem.

The volume of plastic waste generated on our continent is expected to double in the coming years; as Africa’s economy becomes more prosperous and the size and population of its cities explode.

Why Plastics

Plastic waste litter most Major roads,streets and drainage in Nigeria. This is due to lack of knowledge on how to put these waste to use. There is an emergency in the waste management sector across Africa. innovation is need in the Management of waste in general. Many entrepreneurs are already killing it in this sector, there is opportunity for anyone to make money no matter how much capital you have to invest.

The raw material is free because. You don’t invest much to acquire it; all you need to do is set up an efficient plastic waste collection system . You do not need to own the equipment to venture into this business. You can have others process your plastic for a fee. Or you focus on buying recycled plastics and reselling them to manufacturers who need them in the production of plastic products.



Recycling in Nigeria
Polyethylene Terephthalate (PET) bottles are the types of plastics that usually get recycled. Examples of PET bottles include water bottles,soft drink bottles, beverage drink bottles, soda bottles, and others.

One of the reasons why PET bottles are mostly recycled is that it is much easier to recycle than other types of plastics. Once recycled, they can be used to create various by-products such as combs, ropes, bags, life jackets, furniture, car bumpers, and other plastic bottles.

PET bottles exist on every corner of the country, you can easily collect them together and start making money.

Stages in Plastic Recycling Recycling Business

Collecting the Plastics
This is the Initial step in the plastics recycling business. It involves setting up collect system that pools together the waste plastics material . Most businesses outsource this part of the business to casual laborer.

Construct an iron cart and loan it to people who move around gathering these plastics for you. At the end of every day, you pay them for the quantity collected. Also visit dump sites plastic waste are collected there.

Another pattern of collecting pets bottles is to visit restaurants and hotel , get a deal that gives you access the plastic waste from the company.

Companies like Wecycler, have developed a point based system. Residents are encouraged to save their plastic waste for wecyclers. The company awards points which they can exchange for house hold items at a future date .

Those who collect the bottles and resell without processing, are the least paid in the business. Washing, baling and shredding will make you more money.

Transportation
This a crucial aspect of the business. This is where most people lose a lot of money. When you gather these plastic bottles, you will have to transport them to your factory if you have the recycling equipment. Even if you don’t own the equipment, you still have to take it to a factory where the plastics gets recycled.

It is important that you plan your business in such a way that your materials are easier to transport. Site your collection point close to the recycling factory for easy transportation of materials.

This is important for profitability, else you end up working for the Transporters.

Sorting
It is necessary that every plastic item is separated according to its make and type so that it can be processed accordingly in the shredding machine. The plastic material used to make drinks and the ones used for PVC ceilings and drums are different. You need to sort out the various types of plastics before you take them to the factory for shredding and crushing.

Else, you probably will earn very low on the plastics you have collected. The thing about the plastic recycling is that the more value you add, the more money you earn.

Washing
Once the sorting has been done, the plastic waste needs to be washed properly to remove impurities such as labels and adhesives. This enhances the quality of the finished product. You earn more doing this.

Depending on the level of your operations, you can do this by yourself or employ workers who use detergent and soap to clean these plastics. They are no longer waste, they are now your material and you have to put them in order. There are industrial machines that do the washing too.

Shredding
After washing, the plastic waste is loaded into different conveyor belts that run the waste through the different shredders. These shredders tear up the plastic into small pellets, preparing them for recycling into other products. This the stage where most people sell their plastics to manufacturers.

After you have shredded the plastics, you have to locate a plastic manufacturer or recycling firm that will buy the material from you. Almost all plastic company use recycled material. Virgin resins cost a lot of money. Recycled plastics are used to augment the virgin materials.

Most Smart entrepreneurs, don’t involve themselves in the whole value chain of collecting and sorting. They just buy recycled and crushed plastics material and then find local or foreign manufacturers who are willing to pay more for the material.

Some of the Equipment needed to set up a Plastic recycling business includes
For the Plastic Recycling plant, we require the following machines:-


Cleaning machine
Drying machine
Feeder
Crushing Machine
Laundry Drier
Pelletizing Machine

Follow This Link to See How to Make Money processing Plastics.
https://hustlersbay.com/zero-capital-make-money-recycling-plastics/

1 Like

Re: Zero Capital: Make Money Recycling Plastics by icagbons: 1:31am On Aug 24, 2019
Good Day Sir,

I must first appreciate your effort in bringing together this great information on how to clean our environment and also making cool cash during the process. I have been thinking of this business for a very long time, but I couldn't get good information that will help me, not until I found this great post by you.

I want to start this business in warri, Delta State on a small scale. That is the collection and transportation to a recycling factory. But I I have been trying to find out if there is a recycling factory in Warri.

I hope to keep in touch with you for more information.

Thanks

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Re: Zero Capital: Make Money Recycling Plastics by criuze(m): 10:16pm On Apr 08, 2021
if you later stay this business I'll like to know from you because I'm interested


but they're many companies in onitsha who buys
Re: Zero Capital: Make Money Recycling Plastics by 007Power: 8:35am On Nov 06, 2022
Crushed plastics are available in huge quantities and in various colors.

1. Hot Washed and Sterilized N850 per kg

2. Hot Washed N750 per kg

3. Cold Washed N500 per kg

4. Unwashed - N400 per kg

HOTLINE/WhatsApp: 07047247562

Minimum order quantity is 500kg

Prices are subject to change without prior notice.

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