We have all been very good at separating our household rubbish and recycling it. I heard somewhere that it went from 15% to 85% of people separating and recycling in just a few years. I was just wondering if there was much profit from the average Green Bin for the recycling industries. Bottles/Paper/Plastic etc
Green Bin Contents. Does anyone make money from it?
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dereko1969
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Are you going to put a thread on who makes money from everything every day?
What next, flushed toilet water - being recycled, who makes money from that?
What next, flushed toilet water - being recycled, who makes money from that?
I'm sure that the companies involved make a profit. Businesses are in business to make a profit and, contrary to the views of socialists in the media, the government and on AAM, making a profit is a good thing.
What do you mean?
Obviously businesses have to operate within the law and that includes paying their taxes.
Is it possible for the owner of the waste, the householder, to make the profit instead of the businesses, I wonder?
Can you get any of the waste management companies to collect the Green Bin for free if you don't have a contract for the black bin? If they are making a profit from the Green Bin then they should be happy to collect the green bin on it's own for free?
dereko1969
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Yeah sure, all you have to do is set up your own recycling centre, separate all the different wastes, then set up contracts with companies that will buy the waste off you at such a level that it gives you a profit.
Sure why don't we all do it, you're a genius!
I pay PANDA for bin collection in Fingal. There's an annual charge of around €100 and then a seperate payment (€8.75) for each black bin collected.
There's no seperate charge for the green and brown bins but they're certainly not free. The annual charge and the income from black bin collections covers the cost of collecting all 3 bins. If PANDA make a profit off me out of that, good luck to them.
There's no seperate charge for the green and brown bins but they're certainly not free. The annual charge and the income from black bin collections covers the cost of collecting all 3 bins. If PANDA make a profit off me out of that, good luck to them.
I suspect it's to cover their costs and make a profit.
The pricing structure would help their cash flow and provide a fixed cash flow to cover their fixed costs (or something like that).
Read again what Tarfhead wrote:
The €100 covers the green and brown - and possibly part of the black bin cost too.
On the original question/idea - the problem, as identified by another poster is scale - even if there is a profit to be made from recycling the green bin contents (and I'm not sure that there is), I don't think you'd find anyone to buy your little weekly contribution. It's like the old clothes collections that makes so much money for the mainly east-european collectors - they get €x per tonne - but per item, it's probably a tiny amount - it's all about scale.
Where I live I pay per lift and the green recycling bins are charged seperately too.
A lot of people are fooled in to thinking this.
70/80c per kilo seems to be the going rate. You'd need large volumes to move up from the bottom rung of the supply chain.
Most scrap metal dealers will buy clean crushed cans, and will pay up to €700 per tonne if you deliver to them. Mind you, that is 68,000 cans though! How much time/money would it take to collect/compact and transport that volume? If you have 200 people drinking a can a day, you'll get to the tonne mark in just under a year.
dereko1969
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Isn't there a great Seinfeld episode where Newman and Kramer load up a post office van with cans and drive to Michigan as the refunds there are 10c a can rather than 5c everywhere else?
http://www.imdb.com/title/tt0697660/plotsummary
http://www.imdb.com/title/tt0697660/plotsummary