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Re: jjsmith post# 69037

Tuesday, 09/07/2010 5:53:13 PM

Tuesday, September 07, 2010 5:53:13 PM

Post# of 312016
Actually, there's plenty of room for success even with non-free plastic. Try the math:

$70 oil - $10 cost to produce = $60/bbl profit
$60/bbl = $377/ton of plastic

Now check the spot price on plastic on the market (the washed, sorted stuff), and you'll find plenty of it available lower than that.

Without free plastic the odds of success are ZERO.



and regarding:

Most companies that use large volumes of plastic ... don't just give away plastic



Indeed, the scrap/waste plastic isn't given away -- they pay a $90/ton tipping fee to landfill it.

What do you prefer: free or -$90?