Many corporations across the nation have been utilizing industrial recycling and its many benefits. Companies, such as metal producing companies, have been saving roughly $1,300/ton from their recycled metals. Many companies have also benefited from reusing recycled materials to produce new products. Companies, such as Nike, have cut a large amount of their raw materials expenses because they are now able to reuse recycled materials.
So how do you know that industrial recycling is the right option for you and your company?
Let’s look at some key points to indicate whether or not industrial recycling is an effective option.
You and your company might want to consider industrial recycling if you:
Are overspending on waste, recycling and landfill costs.
Want to reduce raw material expenses.
Producing too many leftover materials.
Overspending on Waste, Recycling, and Landfill Costs
There are many corporations that are sending their waste to landfills without knowing that they can produce a profit from their waste. Not only does sending waste to landfills increase your waste costs, it also increases your transportation costs. You have to pay extra to send those wastes to landfills, resulting in higher expenses.
Recycling waste and reusing it can also benefit you and your company in many ways. For example, your waste can be recycled and be used as a renewable energy source to run your company. If you own a company that produces a large amount of excess oil, those oils can be used to generate electricity (heating and cooling). Once the oil is processed, it can also be used to run engines and machines that are being used during the manufacturing process.
Not only does recycling materials diminish the extra fees and costs associated with excess waste, it also produces renewable energy that can be very beneficial for your company and the environment.
Lower Raw Material Expenses
Recycling your waste can have an impact on the early stages of your manufacturing process. Recycling and reusing your waste can help reduce raw materials and transportation costs.
Companies such as Estee Lauder and Nike are reusing their waste to produce new products. Not only are they saving a ton of money, but they are also taking sustainability to a new level. Nikes have been producing new shoes over the past few years from their waste materials, such as excess plastic, and Estee Lauder has recycled around 85% of their waste to produce new beauty products.
These major corporations have decided to recycle and reused their products because they know that throwing them away will only increase their waste costs by thousands, maybe even millions of dollars. Many companies are taking this approach because according to a recent study, companies are saving 90% of their energy required to produce new materials/products.
Producing Too Much Waste
Before reading this article, you might tell yourself: “It saves me more time to just throw away my waste in a landfill than recycling.” But guess what? What if I tell you that you can actually make money from your waste?
Many corporations today have benefitted from recycling. One of those is the metal industry. Companies that produce a large amount of excess aluminum or other types of metals have been earning money by sending their waste to recycling centers instead of landfills. Recycling facilities are paying companies around $1200-$1400/ton when they bring their excess metals to their recycling centers.
Another sector of the waste industry that is benefitting from recycling is the construction sector. These companies can save thousands of dollars by recycling their materials. For example, recycling HDPE plastics (bottles, plastic bags, boxes) can result in $250/ton. Recycling PET materials (materials from packaging, polyester, etc.) can produce $150/ton. Although these may not seem like a large amount, you are still producing more money recycling your excess product rather than throwing them away.
So How Can We Help?
When you have decided that Industrial Recycling is an option for you. Give us a call to schedule a free consultation. We will help you find savings and with our help, reduce expenses that you should not be spending money on. We’d be happy to talk to you!