Economic Feasibility Analysis of Plastic Waste Usage Business to Support Environmentally Friendly Plastic Usage Campaign

Abstract

This study examined the techno-economic feasibility of a plastic waste recycling initiative aimed at supporting environmentally sustainable packaging and public awareness campaigns. Standard financial analysis tools, including cumulative net present value and return on investment calculations, were applied to assess the viability of a production system that transformed various types of plastic waste into functional products. The analysis revealed that although the early stages posed financial challenges due to initial investment costs, the long-term projections demonstrated profitability and operational sustainability. The production process involved collection, sorting, washing, extrusion, and molding, with an emphasis on material efficiency and environmental impact reduction. Key challenges included the high proportion of raw material costs relative to overall expenditures and the need for optimized pricing strategies. The study highlighted the importance of stakeholder collaboration (particularly government and industrial support) to ensure success. This initiative aligns with circular economy principles and contributes to the achievement of Sustainable Development Goals in energy access and sustainable urban development.