How much of our solid waste is plastic? The Environmental Protection Agency reports plastic made up 12% of the 254 million tons of waste generated in 2007. That’s more than 30 million tons of plastic in one year. Some reports state plastic materials can take hundreds of years to break down in a landfill. When you take part in our plastics recycling program, you join a network of Green-minded people and companies who recycle millions of tons of plastics across the United States annually.
And, for every 1 ton of plastic that’s recycled, reports estimate that 7 yards of landfill space is saved. By recycling, you can also help conserve the additional 80% of energy that’s typically used when making new plastic bottles, containers and other items instead of recycling. It’s easy to see why recycling plastic is so important.
Baled plastics, specifically plastic bottles, have a high scrap value per ton. In fact, the only other recyclable that’s more lucrative is aluminum cans.
Replay Plastics will create a PET (polyethylene terephthalate) cleaning and refining plant located in the western United States (all 16 major North American PET recycling plants are currently located in the eastern United States or Canada). Its initial capacity will be 46 million pounds, and it will utilize post-consumer bottle feed stock presently collected in California, Oregon and Washington States, which collect over 200 million pounds per year. The Company will be vertically integrated, and use almost all of its recycled material in its Packaging Division. Any surplus materials (clean flake) produced will be sold to outside companies. The extruded sheet may then be sold to manufacturers, who will thermoform it into high-visibility packaging or use it in other high value added manufacturing operations. The strapping will be sold to companies who ship large packages or pallets, such as the lumber milling industry
Currently there is no direct competition in the western United States for either of the two divisions of the Company. Any production in the trading area remains captive and not available to our target market.
The ability of the Company to obtain a source of post-consumer bottle stock is an integral component of the strategy to vertically integrate operations and manufacture products in demand by western consuming industries. Without the cleaning and refining division, it would be difficult to source sufficient RPET flake resin at costs that would allow the Company to be competitive.
There has been a strong demand (sellers’ market) for our products for several years. Traditional buying patterns in this industry are based on quality, price, reputation of manufacturer, freight costs, delivery times and proximity to markets. During such a sellers’ market, buying patterns are often more influenced by availability.
Replay Plastics is a manufacturing company dedicated to converting waste plastic materials into commercially viable products, utilizing environmentally friendly recycling and manufacturing methods. We intend to make enough profit to generate a significant return for our investors and to finance continued growth and continued development in quality products. We will also maintain a friendly, fair, and creative work environment, which respects diversity, new ideas and hard work
After a couple month start-up period to build the recycling and packaging facilities, buy equipment, and incorporate the business, Replay Plastics will begin a quick turnaround of product.
Financial Highlights by Year
Our Founders will put up a total of $1.5 million dollars. We will also have a group of VC investors that will put up the 2.7 million dollars. This will give replay plastics the 4.2 million that it needs to start.