Plastic is a wide range of steel than substance. Presumably the steel recycling industry can be learned from. But why did not more American companies to expand recycling plastic material to handling capacity and take responsibility to deal with them? This is mainly because demand for recycled plastics market is not big enough. The plastic waste collection, recycling and producers need to be able to create a sufficiently reliable market value, the market not only to ensure recovery of costs, but also to provide significant return on investment.
In fact, despite the recovery of corporate investment and construction waste recycling facility prior to production, they usually require local governments to provide for a period of 10-20 years of the purchase agreement, but at the other end of transaction, these companies are still reluctant to sign long-term recovery of the agreement with the buyer, but the recycling treaty is likely to enter into “who sell to another job offer” model. Even in the face of mixed waste plastic packaging products export market shrinking adverse situation, this business model continues.
If this situation need to be changed, people should dispel concerns about waste management costs increase. Europe and elsewhere have developed an effective waste management and waste export policy, directly or indirectly, to create employment opportunities and promote local economic development.
In addition, some companies that produce waste recycling mandatory recycling to increase the shown proportion of operating costs will increase recycling industry. But a large number of studies have shown that the investment requirements will be more, but to promote the recycling of resources can bring greater economic benefits. Large-scale implementation of the EU’s recycling program for many years, to benefit quite good, the EU is promoting a more active recycling targets and recycling industry as a key link, vigorously develop the circular economy more resilient.