Recycled plastic is a big global business, and in Wisconsin, it’s no different.
94% of Wisconsin households regularly recycle their plastic. All of that scrap can be reprocessed and used to create countless other products, creating an enormous amount of value and opportunity for both savings and profit.
But who facilitates the market for buying and selling the plastic materials used in the manufacturing process?
When people and businesses look to buy or sell their plastic scrap and materials, a brokerage service facilitates the exchange. In this blog post, we’ll explain what a plastic brokerage service is and outline some important considerations for buyers and sellers.
Most buyers of plastic scrap, resins, and other materials use it to manufacture new goods. There’s good reason for them to do so, as there are many opportunities to take advantage of in terms of energy efficiency and brand awareness.
Technically speaking, the actual cost of recycled plastic is variable, and in the past has risen above the cost of simply creating new plastic materials. So how, then, can recycling plastic products still translate into an economic benefit for manufacturers?
The capacity for recycled plastics to produce a beneficial environmental impact is very real. While that doesn’t automatically create a tangible financial incentive on its own, its potential to build a consumer-friendly brand image can pay dividends in the long term. For many consumers, environmental consciousness is an important part of the decision-making process when it comes to buying plastic products.
People and businesses looking to sell their plastic scrap have good reason to do so, too. As mentioned previously, the value of recycled plastic materials can potentially rise above that of virgin plastic. This allows for fairly worthwhile returns under the right set of circumstances.
Selling plastic scrap also helps when you take relatively low rates of recycling on a national scale into consideration. These low numbers stem from an array of different causes, including the passive recycling most people engage in without sufficiently sorting between different types of plastic materials before disposing of them.
Selling materials yourself offers some assurance that they really will go on to be used in other products as they’re meant to be. On top of that, you’ve earned a bit of profit from doing so!
Regardless of which end of the exchange you’re on, buying and selling plastic scrap through a local broker helps establish a market for recyclable plastics in your area. This is important for a number of reasons.
With recycling rates as high as Wisconsin’s, the amount of value local manufacturers can gain from this trade is potentially fairly high. The brand image benefits outlined earlier may be especially potent on a local scale, and this in turn may make it easier for a business to quickly gain a larger share of the recycled plastics market.
A thriving local recycled plastics market also means a cleaner, safer local environment. Financial considerations aside, an area that actively recycles its plastic products and reuses them to a significant degree is better able to conserve its natural resources and beauty, offering your and your local community a more pleasant place to live, work, and enjoy.
Take advantage of the cost-effective opportunities presented by buying or selling recycled plastics with Becher Plastics’ brokerage services. There’s no better way to do your part to preserve Fox Valley’s natural environment while turning a profit at the same time. Want to learn more about buying or selling your plastic? Contact us now!