License in India

Recycling Industry

Recycling Industry?

Recycling is the process of converting waste materials into new materials and objects. The recovery of energy from waste materials is often included in this concept. The recyclability of a material depends on its ability to reacquire the properties it had in its original state. It is an alternative to “conventional” waste disposal that can save material and help lower greenhouse gas emissions. It can also prevent the waste of potentially useful materials and reduce the consumption of fresh raw materials, reducing energy use, air pollution (from incineration) and water pollution (from landfilling).

Recycling is a key component of modern waste reduction and is the third component of the “Reduce, Reuse, and Recycle” waste hierarchy. It promotes environmental sustainability by removing raw material input and redirecting waste output in the economic system. There are some ISO standards related to recycling, such as ISO 15270:2008 for plastics waste and ISO 14001:2015 for environmental management control of recycling practice.

Recyclable materials include many kinds of glass, paper, cardboard, metal, plastic, tires, textiles, batteries, and electronics. The composting and other reuse of biodegradable waste—such as food and garden waste—is also a form of recycling. Materials for recycling are either delivered to a household recycling center or picked up from curbside bins, then sorted, cleaned, and reprocessed into new materials for manufacturing new products.

Recycling

Dismantling of wrecks

Recovery of sorted materials

Role of Shamkris

A Project Report is a document that provides details on the overall picture of the proposed business. The project report gives an account of the project proposal to ascertain the prospects of the proposed plan/activity.

Shamkris will provide a Project report covering Industry License requirements, competitor analysis, Land requirements, machinery requirements, equipment requirements, and financial requirements.

Some of the areas covered in the project report are outlined below:

  • Introduction
  • Project Description
  • Uses and Applications
  • Market Survey
  • Raw Materials
  • Manufacturing Process
  • Process Description
  • Process Flow Diagram
  • Plant Layout
  • Details of Plant & Machinery
  • Suppliers of Raw Materials
  • Suppliers of Plant & Machinery
  • Plant Location Factors
  • Land & building Required
  • Power and Water Required
  • Details of Manpower Required
  • Financials of the Project
  • License and application Certificate

Financials of the Project includes:

  • Land and Building Costs
  • Plant and Machinery Costs
  • Other Fixed Assets
  • Fixed Capital Investment
  • Raw Material Costs
  • Salaries and Wages
  • Total Working Capital
  • Cost of Project
  • Total Capital Investment
  • Cost of Production
  • Turnover per Annum
  • Profitability Analysis
  • 5-year Profit Analysis
  • Break-even Point
  • Resources of Finance
  • Cash Flow Statement
  • Projected Balance Sheet

FAQ

The recycling and reuse industry is involved in metals, paper, plastics, glass, organic materials, computers and electronics, tires, and other post-consumer and post-industrial scrap. Jobs in this industry involve collection, processing, reuse, remanufacturing, sales and more.
The cost of processing any commodity at a recycling facility is about $75 per ton. … The good news is that the near-term and historical average price for recycled cardboard, paper aluminum and rigid plastics is above the processing cost and therefore profitable to recycle.
According to the study, the recycling and reuse industry consists of approximately 56,000 establishments that employ more than 1.1 million people, generate an annual payroll of nearly $37 billion, and gross over $236 billion in annual revenues.
While the recycling process often differs by commodity and locality, there are essentially three main steps: collection, processing and remanufacturing into a new product. Collection: Recyclable materials are generated by a consumer or business and then collected by a private hauler or government entity.