Is Recycling Business Profitable. The recycling business is very competitive and much of the competition is from large established businesses. Part of that change is related to demand.
As we all know in the plastic recycling industry the recycling price of agricultural films and woven bags is the lowest. A profit of 5 per ton would be made on paper which would be split between the municipality and the recycling company. Business owners must provide a recycling program for their employees and tenants using the services of a permitted or private recycling hauler.
The recycling of scrap metal is an emerging economical business and estimated that it generates about 13 billion in tax revenue every year and creates almost 500000 jobs in the scrap industry.
Its an estimated 100 billion business world-wide. Using cardboard as an example each ton of cardboard would earn the municipality and the recycler 50 profit. A profit of 5 per ton would be made on paper which would be split between the municipality and the recycling company. The good news is that the near-term and historical average price for recycled cardboard paper aluminum and rigid plastics is above the processing cost and therefore profitable to recycle.
