Recycling is an economic development tool as well as an environmental tool. Reuse, recycling, and waste reduction offer direct development opportunities for communities. When collected with skill and care, and upgraded with quality in mind, discarded materials are a local resource that can contribute to local revenue, job creation, business expansion, and the local economic base
The raw materials are never in short supply as Lagos is known for its huge generation of waste. From figures available from LAWMA, 9,000 metric tonnes of waste is generated daily with about 1,200 metric tonnes being converted into other uses.This create room for the establishment of recycling plants in Lagos and indeed other states of the federation
The investor can start the business through the following ways
1. Supplier/ Collector
2. Collection Center Operator
3. Recycler
As a supplier/ collector, the investor collect waste polythene materials from different sources and supplies to the collection center operator who processes the material and sell to the recycler.
The recycler recycles the product and make useful to the plastic industries to use.
Waste plastic materials can be divided into two broad categories namely
1. Low Density
2. High Density
Low-density polyethylene (LDPE) is a thermoplastic made from petroleum and is commonly recycled and has the number “4” as its recycling symbol. LDPE is defined by a density range of 0.910–0.940 g/cm3.
It is not reactive at room temperatures, except by strong oxidizing agents, and some solvents cause swelling.
It can withstand temperatures of 80 °C continuously and 95 °C for a short time. Made in translucent or opaque variations, it is quite flexible, and tough but breakable. Examples of low density material are pure water sachets and cellophanes bags.
High-density polyethylene (HDPE) or polyethylene high-density (PEHD) is a polyethylene thermoplastic made from petroleum. It takes 1.75 kilograms of petroleum (in terms of energy and raw materials) to make one kilogram of HDPE. HDPE is commonly recycled, and has the number “2” as its recycling symbol. . An example of high density material is the one used in packaging pure water sachets.
It is important to state that not all plastic is considered economically viable by processor.
Below is the list of materials accepted in the recycling business
Shopping Bags
Laundry Bags
Pure Water Sachets
Yogurt Wrappers
Soft Poly Bags
Hospital Drip Bags
Pop Corn Wrapper
Bread Wrapper
Cellophane
Below is the list of materials NOT accepted in the recycling business
Indomie Noodles wrapper
Detergent Bags
Biscuit Wrappers
Milk Sachet
Tea Wrapper
Poly Propylene Bags
The return on investment in the trading of waste nylon and polythene materials is estimated at 10%- 15%.
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At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for beginners and exporters already in the commodity export market.
Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.
Do you want to know more about companies that buy waste nylon and polythene materials in Nigeria, capital requirement, where to source waste nylon and polythene materials in Nigeria? Then get our market research report on waste nylon and polythene materials trading in Nigeria.
You can order our detailed feasibility report on the supply of waste nylon and polythene materials in Nigeria by clicking on the link below.
Report Title: HOW TO MAKE HUGE PROFIT SUPPLYING WASTE POLYTHENE MATERIALS TO LOCAL INDUSTRIES IN NIGERIA.
Report Code: FORA/08/2012/1010
Get our market research report on the following related topic by clicking on any of the titles below
1. WASTE POLYTHENE MATERIALS RECYCLING IN NIGERIA; THE FEASIBILITY REPORT.
2. POLYTHENE SHOPPING BAG PRODUCTION; THE FEASIBILITY REPORT.
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365 Campaigner is a complete suite of social collaboration, communication and management tools for your team.
From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities. Tightly integrated.
365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals. Visit www.365campaigner.com for more information.
————————————————————————————————————————————————————–
At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.
Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.
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