Plastic pyrolysis plant is a profitable business, it can convert waste plastic into fuel oil for heating purpose in industries.
Waste plastic which knew as “White pollution” includes packaging bags, plastic molds, disposable tableware, plastic bottles and other plastic products, it is discarded into solid waste after use. Due to their extensive use and difficulty to be degraded and treated, it causes pollution to the ecological environment and landscape.
Take Chinese market as example. The price of fuel oil is 3200 RMB per ton, and 400 RMB per ton for carbon black.
Usually for mixed waste plastic, it can get 30%-60% fuel oil and 40% - 70% carbon black from plastic.
Besides the above profit, in some market, in order to incentivize waste recovery companies to deal with plastics, the government will subsidize the companies by ton when they process waste plastic.
So in general, the plastic pyrolysis plant profit is considerable.
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