1. Junk Into Money.
- Author
-
Dolan, Kerry A.
- Subjects
WASTE recycling ,PLASTICS industries ,ENERGY conservation - Abstract
The article focuses on Michael Biddle, who runs a plastics recycling plant in Richmond, California. His company, MBA Polymers, makes gray pellets out of pieces of fax machines, telephones, keyboards and cell phones. He claims to be the first to figure out how to take nearly any kind of plastic trash, which is usually a mongrel blend of up to 20 different plastics, and separate it by chemical type. Biddle's factories make the three important plastics used in durable goods and electronics: polypropylene, acrylonitrile butadiene styrene (alias ABS) and polystyrene. At the pilot line in Richmond, MBA Polymers can process 3 tons an hour of plastic waste. Two new factories opening in the next several months, one in Guangzhou, China and another in Austria, will more than quadruple that capacity, each churning out 45,000 tons of plastic annually. Biddle says he can build more 45,000-ton recycling plants for between $14 million and $23 million each, half the cost of erecting a virgin plastics factory with the same output. And, because he's not making the plastic from oil, his energy consumption is only 5% to 10% that of a virgin plastics plant.
- Published
- 2005