Essay on Waste Plastic Waste Into Viable Products

1430 Words Nov 30th, 2016 6 Pages
Fantastic Recycled Plastics area of business will be to recycle plastic waste into commercially viable products, using environmentally-friendly methods. The company wants to capitalize on one of the recycling industry’s highest growth products – polyethylene terephthalate (PET), found in post-consumer beverage and water bottles, by establishing the western United States’ first PET recycling plant. The recycled material from the PET plant channeled in a brand-new Fantastic Recycled Plastics Packaging Division, which will produce extruded sheet plastic to sell to manufacturers.
SWOT Analysis
Strengths Weaknesses
Experiences: Our executives have decades of experience with plastic, engineering and successful startups.
Relationships: The company has excellent relations with firms that collect and distribute PET bottles.
Location: There are no other PET recycles in Western U.S. Region; Suppliers have expressed interest in working with a local recycler rather than to continue to export to China. High startup costs: The high cost of opening a PET plant will require investments and loans.
Construction time: The recycling and extrusion facility must be built before the company can begin processing plastic
Opportunities Threats
Major facility expansion: The initial PET recycling facility will have a capacity of 56 million pounds, but the current annual stock of recyclable bottle material in California, Oregon, Washington and Nevada is more than 250 million pounds.
R&D: Potential…

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