24 Jun Why Recyclable Plastic Makes Economic Sense
No one can argue against the benefits of recyclable plastic. The ability to turn an old product into something new is a major technological innovation of the modern age and helps preserve our fragile environment. While almost everyone knows the environmental benefits of recycling, there are also numerous economical reasons to produce and reuse recyclable plastic.
Reduce Production Costs
A major benefit of recyclable plastic is the opportunity to lower overall production costs. When single-use plastic is thrown away, there is a cost associated with creating a brand new replacement. Instead of obtaining, refining, and extracting brand new sources to create plastic, manufacturers can take advantage of recyclable products to save time and money. The savings are then passed on to consumers who can enjoy a lower priced item thanks to the reduction in production cost. The use of recyclable materials ensures consumers and producers reap the benefits of this environmentally friendly method while maintaining supply and demand.
Benefit the Community
Plastics are a part of everyday life in the 21st century. With applications ranging from food storage to medical devices, there is no question that we need plastic in modern society. However, the use of recyclable plastic can enrich the lives of local communities even more than its single-use counterpart. When a community practices plastic recycling, waste disposal costs decrease and the money is kept in local circulation. Additionally, less plastic in a landfill means less land space taken up by garbage. The benefits of saving land space and saving money can cause a huge impact on a community economy and reap benefits for years to come.
Create New Jobs
It takes fewer people to take plastic and ship it to a landfill than it does to operate the recycling process. Recycling requires a wide variety of laborers ranging from expert chemists to transportation professionals. Job creation is a major pinnacle of a healthy economy and workers in the recycling industry are on the rise. By moving from single-use to recyclable materials, plastic industry leaders can kickstart economic growth, provide high-wage jobs, and help a new labor market reach its full potential.
Find a Recyclable Solution Today
When it comes time to find packaging solutions for your business, contact the professionals at L-S Industries for customized products made with recyclable HDPE or Polypropylene corrugated plastic. Limit your environmental footprint while enjoying the economic benefits of using recyclable plastic with the experts at L-S Industries today.