What is the most profitable recycling business?

Recycling business in mexico

The generation of solid waste in Mexico has grown due to the pace of life we have adopted. The speed at which the population is growing, urbanization and the concentration of people in metropolitan areas has led to a large accumulation of Urban Solid Waste (USW), that is, solid waste derived from productive activities that usually have negative effects on the environment.

Mexico is one of the countries with the largest urban population (approximately 72%) and is the Latin American country that generates the most garbage. For this reason, the nation needs to promote projects to improve the environment and thus become a sustainable country.

Promoting the culture and business of recycling is not only about being kind to the environment, but also about taking advantage of its profitability. Doing this is essential because today only 11% of all waste generated is reused, as around 100 thousand tons of waste per day 60.5% ends up in landfills and 15.9% ends up in open dumps.

Recycling is economically profitable

Today, the recycling of metals and plastics contributes significantly to improving our environment. When recycled, they significantly reduce water and air pollution and mining waste by 70%.

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RIISA, through its recovery and recycling processes, helps to reduce the effects of industries, reducing greenhouse effect emissions and the wear and tear generated by the exploitation of minerals.

The recycling process consists of collecting waste materials and transforming them into new materials that can be used or sold as new products or raw materials; it aims to recover, directly or indirectly, the components contained in urban waste.

It is profitable to recycle plastic

However, the end of the war gave rise to the mass consumption of goods, which, when offered at affordable prices, not only reactivated the economy, but also promoted the discarding of those products that needed to be replaced.

Inevitably, this new wave created an imbalance due to the lack of available spaces to discard them. This situation, together with the nascent environmental movement, suggested that recycling was once again a sensible idea. The question now was how to get this waste back to the industry to be used, that is, how to reverse the chain: from the consumer to the producer.

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Colombia, although some decades later, has also had to find a solution for waste management and make recycling an efficient and inclusive process. Some recyclable materials have a consolidated market, but there are many that, although they can be recycled, continue to end their lives in landfills or, with luck, in sanitary landfills.

How to have a recycling business

More than supporting recycling, Pantala’s intention is to avoid it, aware that fashion is one of the most polluting industries in the world. Pantala was created with the aim of changing this situation. To do this, they offer the possibility of eliminating from your closet those clothes that you have only worn 2 or 3 times and that you have not used again. The alternative they offer is that, if you know you are only going to wear a garment 2 times, do not buy it, rent it for a month with Pantala and change it again.

Along similar lines is the idea of Ecodicta, a startup that was created with the purpose of frequently renewing women’s closets without the need to buy new clothes, convinced that “the clothes already produced are the ones that pollute the least”.

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Under this premise, they have created a clothing rental platform with the subscription model at the current price of 35.90 euros per month (3 garments), 49.90 (4 garments) or 59.90 (5 garments). Users pay the subscription fee and choose from the available offer. After the term has elapsed, they renew or return them and select others. There is also a purchase option if the user falls in love with the garment. The clothes are selected by a personal shopper and come from both emerging and conventional brands. You can also find brands that produce in a sustainable and ethical way.