Thursday, October 23, 2014

What young entrepreneurs can learn from plastic recycling

There are many things that young entrepreneurs can learn from the plastic recycling industry. First off, recycling technology has been drastically growing for the past several years, and in terms of specifics, plastics from recycling can now be made into “fleece clothing, picture frames, outdoor furniture, drainage pipes, office supplies, back into packaging, and plastic lumber that is used for boardwalks, decking, and railings.” [1]. There are tons of companies that are in the above industries, which means that there are many potential clients for recycled plastics. Also, "increasing plastic recycling will help extend the life of this valuable resource, and create green manufacturing jobs in the process.” [2]. With more domestic plastic recycling here in Canada, there will be more opportunities for employees as well as employers in not only the plastic recycling field, but other comparable fields as well. Lastly, with the emerging green industry, there is the potential to have the ability to employ "thousands of Canadians coast to coast in recycling and remanufacturing.” [3]. In order for this to occur though, companies will need to be formed. This is where green entrepreneurs can step in all across Canada, and be part of a new, environmentally-friendly and rewarding industry. This industry has tons of potential to grow, and for young entrepreneurs, it may be something to think about.

Written by: Shaun Kular

[1] http://www.plastics.ca/recycling/index.php
[2] ibid.
[3] ibid.

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