What about the plastic to oil business opportunities？
Industry News / Date:May 22, 2020
As we know, white pollution caused by waste plastic is facing by each country in the world. Landfill has been widely used as the way of waste plastic management. But there is a problem with landfill, as it can take up as long as 450 years for waste plastics to break down, which cannot really solve the plastic pollution problem. So human beings have to look for other effective ways to process waste plastic, and one of the ways is recycling waste plastic to fuel oil. So we can say that nowadays plastic to oil is a very good business opportunities. You might think so after reading the following introduction.
Plastic to oil business
Let's see why we say plastic to oil is a good business opportunities.
1. The composition and oil yield of the plastic itself
Plastics are usually made up of polymers and often created from petroleum products, in other words, plastic is made from crude oil extracted from under the ground. This kind of waste plastic, which was discarded carelessly, not only pollutes the environment, but also wastes a lot of resources. Waste plastics management has been a problem for many years. While plastic to oil mainly adopt pyrolysis. After high temperature pyrolysis, the plastic polymers can be broken into smaller carbon chain which is fuel oil. PP and PE plastic can have a oil yield of 80%-90%, even for mixed garbage plastics, you can still extract 30% fuel oil from them. So plastic to oil is a good business opportunities.
The oil yield of different plastics
2. The final products of plastic to oil have a wide range of uses
Now this plastic to oil business, not only solve the pollution caused by plastic, but also generate a new available energy - plastic pyrolysis oil. This kind of plastic pyrolysis oil can be used as fuel oil in boiler plants, glass factories, etc. And the price of plastic pyrolysis oil in the market is considerable. In addition to plastic pyrolysis oil, carbon black is also obtained from plastics and is widely used in everyday life. It is from plastic pyrolysis oil and carbon black that many investors make their fat profits.
Applications of plastic pyrolysis oil and carbon black from plastic to oil business
We have done a general profit analysis about how the waste plastic to oil business opportunities are. Take a 10ton/day waste PP plastic to oil project for an example. So plastic to oil is a very good business opportunities, since it is not only a better solution to waste plastic management but also a very profitable business.
| 10ton/day waste plastic to oil project profit analysis | |||||
| Daily consumption | |||||
| Item | Price（usd） | Quantity（Ton） | Cost（usd） | ||
| PP plastic | usd100/ton | 10 | 1000 | ||
| Coal | usd70/ton | 0.5 | 35 | ||
| Water&Electricity | 0.26 | 192kwh | 49.92 | ||
| Chemicals | 9 | ||||
| Workers’ salary | 15 | 4 | 60 | ||
| Equipment depreciation | 15 | ||||
| Total: | 1168.92 | ||||
| Daily outcome | |||||
| Item | Output（%） | Price（usd） | Quantity（Ton） | Income（usd） | |
| Plasticfuel oil | 70% | usd500/ton | 7 | 3500 | |
| Plastic carbon black | 30% | usd76/ton | 3 | 228 | |
| Total: | 3728 | ||||
| Profit | |||||
| Daily profit | Usd 3559 | ||||
| Monthly profit（based on 20 batches） | Usd 51180 | ||||
| Annual（based on 10 months） | Usd511800 | ||||
For this plastic to oil business opportunities, DOING can help you. We can provide high quality plastic to oil pyrolysis plant, and help customers to install and debug pyrolysis plant. Our plastic to oil pyrolysis plant has been installed in more than 70 countries around the world, and we have accumulated a lot of customers and resources. We also has the way to market for the final products. If you plan to do this project, please consult with us.
