Making Money from Recycling
Recycling aluminum cans is the most profitable venture, earning around 70 to 80 cents per pound. Some states offer up to 10 cents per can.
Starting a Recycling Business
Determining available recycling opportunities is the first step. Identify what materials are accepted, conditions required, and compensation offered.
Profitable Recycling Ventures
- Aluminum
- Paper waste
- E-waste
- Plastic
Environmental Benefits and Income Generation
Recycling prevents landfill waste and offers income opportunities. Recycling plastic, which takes a long time to decompose, is beneficial both environmentally and financially.
Most Profitable Recyclable Items
In present-day recycling, plastic, waste, and metal scraps are among the most profitable businesses.
Steps to Start a Recycling Business
With waste becoming increasingly abundant, starting a profitable recycling business requires updated technology and moderate infrastructure.
Profitable Recycling Enterprises
- Cooking oil
- Paper waste
- Tire
- Plastic
- E-waste
- Construction waste
- Scrap gold
Industry Profitability
Recycling provides over 500,000 American jobs and $100 billion in revenue. Establishing a company recycling program requires dedicated personnel and effective communication.
Planting a Recycling Business
Setting up a plastic recycling plant can have environmental and profitability benefits. Tire recycling centers process slow-to-decompose tires, while recycling businesses convert waste into useful materials.