Waste Recycling Business plan in Nigeria

This sample Waste RecyclingBusiness Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc.

The Waste Recycling Business is a lucrative business that needs a lot of strategic planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.

Business Description of Waste Recycling Business plan in Nigeria

Business: Waste Recycling

Industry: Waste Management

Waste Recycling Business plan Business plan in Nigeria

Patilad Waste recycling company specializing in the recovery of packaging and industrial raw materials e.g we collect PET Plastic Bottles (PET), Used Beverage Cans (UBC), Pure Water Sachets (PWS), Glass bottles (GBS), Old Newspapers (ONP) and Brown Corrugated Cartons (BCC). We will be acquiring state-of-the-art processing machines and equipment, and launch our facility in Oyo State. However, we will evolve into expanding into other states in the country, to satisfy the growing demands of the national market.

We will sell the recycled products to industries that needs them as raw materials for production.

One of our Product is Plastic Recycling, The term “plastic” comes from the Greek “plastikos” which means that it can be molded. Plastics have different properties that allow them to be molded and adapted to different shapes and applications.

Plastics have made a great contribution to solving many needs of society, but the growth of cities and the number of inhabitants has significantly increased the amount of waste generated and the demand for raw materials. One of the solutions is to considerably increase the incorporation of recycled material in final products and minimize industrial and household waste.

Problem Statement:

Waste management has become a critical environmental issue in recent times, with increasing concerns about pollution, resource depletion, and the need for sustainable practices. In Nigeria, like many other countries, improper disposal of packaging and industrial waste has led to environmental degradation and poses a threat to public health. The lack of efficient recycling facilities exacerbates this problem, as valuable materials end up in landfills, contributing to pollution and wasting precious resources.

One of the major challenges in the current waste management system is the inadequate recovery of packaging and industrial raw materials. PET Plastic Bottles, Used Beverage Cans, Pure Water Sachets, Glass Bottles, Old Newspapers, and Brown Corrugated Cartons are commonly discarded without proper recycling. These materials, which could be valuable resources, often end up in landfills, creating environmental hazards and contributing to the depletion of finite resources.

Additionally, the absence of state-of-the-art processing machines and equipment hampers the efficiency of recycling operations. Outdated technology and manual sorting processes slow down the recycling workflow, making it difficult to meet the demands of a rapidly growing market. As a result, there is an urgent need for a comprehensive waste recycling solution that not only addresses the environmental impact but also provides a reliable source of raw materials for industries.

Solution Statement:

Patilad Waste Recycling Company aims to be a catalyst for positive change in waste management, focusing on the recovery of packaging and industrial raw materials. Our comprehensive solution involves the establishment of a state-of-the-art recycling facility in Oyo State, equipped with cutting-edge processing machines and equipment to streamline operations and maximize efficiency.

Advanced Recycling Technology: We recognize the importance of technological innovation in waste recycling. By investing in state-of-the-art machines, such as automated sorting systems, shredders, and compaction equipment, we will significantly enhance our processing capabilities. This technology allows for the efficient separation and processing of different materials, ensuring a higher recovery rate and better overall quality of recycled products.

Multi-Material Recovery: Our facility will specialize in the recovery of a wide range of materials, including PET Plastic Bottles, Used Beverage Cans, Pure Water Sachets, Glass Bottles, Old Newspapers, and Brown Corrugated Cartons. By adopting a multi-material recovery approach, we ensure that a diverse array of waste streams is diverted from landfills and transformed into valuable resources.

Strategic Location and Market Expansion: Starting our operations in Oyo State provides a strategic base for our recycling facility. Oyo State is centrally located, allowing us to efficiently serve surrounding areas and build a strong presence in the region. However, our vision extends beyond Oyo State, as we plan to expand our operations to other states in Nigeria. This expansion is essential to meet the growing demands of the national market for recycled materials.

Collaboration with Industries: To create a sustainable business model, we will establish partnerships with industries that require recycled materials as raw inputs for their production processes. By connecting with these businesses, we not only provide them with a reliable source of high-quality recycled materials but also contribute to the circular economy by closing the loop on waste streams.

Public Awareness and Education: Recognizing the importance of community involvement, we will engage in public awareness campaigns and educational initiatives to promote responsible waste disposal practices. By fostering a sense of environmental responsibility among individuals and businesses, we aim to reduce the volume of improperly discarded materials and encourage participation in recycling efforts.

Compliance with Environmental Standards: Our operations will adhere to strict environmental standards and regulations. By prioritizing environmental sustainability, we ensure that our recycling processes minimize negative impacts on the ecosystem and comply with local and national environmental guidelines.

In conclusion, Patilad Waste Recycling Company’s solution addresses the pressing challenges in waste management by implementing advanced technology, expanding our reach, fostering collaborations, raising awareness, and maintaining environmental compliance. Through these initiatives, we strive to not only mitigate the environmental impact of packaging and industrial waste but also contribute to the development of a circular economy in Nigeria.

OUR VALUES

Integrity: we will maintain compliance with current regulations and conduct business based on business ethics standards.
Excellence and Knowledge: we will constantly deepen our knowledge of technical and environmental studies to ensure sustainable development in the search for constant improvement.
Socio-environmental commitment: we will provide support to industries by getting rid of their plastic waste; other industries by providing the, will raw materials, and generate value in the quality of life of society.

The benefits of our products and services include:

ENVIRONMENTAL

Preservation of non-renewable fossil products. Each ton of plastic manufactured through recycling evades the consumption of more than one ton of gas and or oil.
Recovery of the existing value in the waste, as well as evading its proper final disposal (sanitary landfill) or improper (landfill).
Decrease in greenhouse gas emissions
Reduction of energy consumption

ECONOMIC

Transformation of waste into products with economic value.
Reduction of land purposed for the final disposal of waste.
Reduction of imports of virgin polymers. Since Nigeria is not self-sufficient in polymers, imports can be replaced by locally generated raw materials from the recycling industry.
Possibility of exporting recycled polymers. Recycled polymers are exported to various countries in the world: Brazil, the United States, China.

SOCIAL

Generation of labor-demanding activities:
- Direct labor: trained industrial workers.
- Indirect labor: transportation, cleaning and other services.
- Waste recovery: urban reclaimers, cooperatives and companies.
Generation of an environment with less waste, therefore, an increase in the quality of life.

Needs and demands:

The growing volume of waste disposed in the oceans and water bodies.
For every ton of recycled paper there is an energy saving of 4,750 Kilowatt.
Recycling is making the system more efficient, efficiency is cost savings that translates into greater profitability for the industry and the country.

The increasing need to create a more sustainable environment has influenced our decision to recycle plastic waste into useful products.

Objective of PATILAD Waste Recycling Business plan in Nigeria

To put efforts into ensuring that plastic recycling is recognized as a fundamental activity that adds value to society.
To collaborate with corporate, governmental, and non-governmentalorganisations that contributes to the amount of plastics available for recycling.
To contribute our quota to the social, economic, and environmental development of our society.

Goals for the PATILAD Waste Recycling Business Plan in Nigeria

– To promote the collection and recycling of plastics by creating conditions that support and encourage sustainability and profitability. Patilad Waste Recycling Company will implement targeted incentive programs for individuals, communities, and businesses actively participating in plastic waste disposal.

– To transform plastic waste into raw materials that meet the quality demands of our customers, fulfilling an essential ecological function, optimizing resources, and complying with applicable (legal and internal) regulations.

Vision for the PATILAD Waste Recycling Business Plan in Nigeria

Our vision is to become a benchmark in sustainability and lead the positioning of Oyo State as a state with the most developed circular economy model in Africa.

Mission for the PATILAD Waste Recycling Business plan in Nigeria

Our mission is to manage waste in a sustainable way, transforming it into resources that generate value and have an impact on a better quality of life for the citizens and visitors of Oyo State, through optimal environmental treatment, efficiency and costs.

Management Team of the PATILAD Waste RecyclingBusiness plan in Nigeria

Sarah Ejiofor–She is a graduate of accounting from Aston University, and has professional degrees in ACCA and ICAN. Went further to have her masters in Management Finance, and an MBA from the London Business School. She will be the company’s Chief Financial Controller.

Dayo Adetiloye – (B Agric, MBA, and PMP): He has over 12 years of experience in the consultancy industry. An alumnus of Entreprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). Also has a Bachelor’s degree in Agriculture with a specialization in soil science with master’s in business administration, and a project management professional. He is our business development strategist and a strategic partner.

Blessing Ayeni– Has over a decade of experience in the management consultancy industry and has an MBA from the Business School of Netherlands. She will be our Chief Business Development Officer.

Tolu Oyeni – He has worked in the co-ordination of several projects in Nigeria and abroad, also have about seven years’ experience in the management of waste facility. With a degree in Pure & Applied Mathematics from Obafemi Awolowo University, and Master’s degree in Operations Management, He will be our Facility Manager / Chief Operating Officer of the company.

We bring to the business:

Industry expertise and experience
Exposure to global practices

My Management Experience Gathered for the Waste Recycling Business plan in Nigeria

I have a total of about eleven years management experience at two waste recycling companies; one in the United States and the other in South Africa. My experience in these companies exposed me to the policies, processes, and leadership in the industry.

I have the passion, education, qualification, and network needed to build a global brand in the waste recycling business in Nigeria.

EQUIPMENT AND MATERIALS FOR WASTE RECYCLING BUSINESS PLAN IN NIGERIA

The machines include: Generators, vehicles & trucks, separators& Sorting, plastic shredders, granulators, breakers, a pre-washing system, a rinsing system, dryers, Pelletizers, Size Reduction Machines, among others.

COMPETITOR ANALYSIS FOR WASTE RECYCLING BUSINESS PLAN IN NIGERIA

People will buy from us because of the following reasons:

Organization and strategic positioning
Quality processes and products
Customer acquisition and retention strategies.

Our major Competitors at Patilad Waste Recycling Business plan in Nigeria are:

RecyclePoints Waste Aggregator.
Wecyclers Nigeria Limited Hub
Hinckley Waste Recycling.

Read Also: Paper-Collection-Recycling-Business-Plan-Nigeria

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