Tanzania – a case study
Due to the construction of one of the largest Coca Cola plastic factories and the fact that there is no deposit on PET bottles, there are now millions of plastic bottles in the country, in the rivers and on the beach. Reason enough for us to buy a few thousand square meters of land and set up a recycling company. The project has been productive almost from the start, as you can see:
- A PET bottle with 1.5 liters weighs approx. 45 grams. This means that around 20,000 bottles are needed for one ton.
- A worker can collect around 500 bottles a day, depending on how many he finds in one place
- For an annual target of 10,000 tons, 2,000 workers are required with a workload of 200 days per year. With costs of approx. 220 euros per ton and earnings of approx. 270 euros per ton, the annual profit is still 0.5 million euros net per year.
We can reach the goal of 10’000 tons in 2028 if we have 2000 people then, which should be realistic in some years. The margin would be around 1⁄2 a million, investments included.
We would cover around a quarter of the most polluted areas with our 1st Hub in Pangani. Overall the potential for us is about 40’000 tons or 2 million US dollars of profit, taking also the other NGO’s into account.
Today, we have 8 people on site, increasing week by week.