Recycling plastic is still less cost than manufacturing virgin material.
No it doesnt.
virgin plastic is cheaper.
The only thing that makes recycled plastic remotely viable is state and federal subsidies/incentives/etc… and even those don’t make recycled plastic cheaper. just marginally more affordable.
There are times when market changes alter the relationship, but virgin is more costly, especially when oil jumps in price.
Source: a family member helpsnrun a facility that recycles plastics and ships plastics to the industries.
The true problem with plastic recycling is you can only use a small percentage of used plastic in with the vergin material so that the material still has same physical and mechanical properties, so we will always make more than we can feedback.
There may be federal subsidies in your country that assist, but that is not everywhere
No it doesnt.
virgin plastic is cheaper.
The only thing that makes recycled plastic remotely viable is state and federal subsidies/incentives/etc… and even those don’t make recycled plastic cheaper. just marginally more affordable.
There are times when market changes alter the relationship, but virgin is more costly, especially when oil jumps in price.
Source: a family member helpsnrun a facility that recycles plastics and ships plastics to the industries.
The true problem with plastic recycling is you can only use a small percentage of used plastic in with the vergin material so that the material still has same physical and mechanical properties, so we will always make more than we can feedback.
There may be federal subsidies in your country that assist, but that is not everywhere