If you are planning to buy a tyre pyrolysis plant, there are several things you must know about buying this particular plant. A tyre recycling business according to pyrolysis is not really totally free of challenges. Even though it is an environmentally friendly business, you need to understand that there is lots of competition in this industry. Therefore, the profitability of your own business may ultimately come down on the technology you end up picking for your tyre pyrolysis plant. To put it briefly, it won’t be wrong to mention that it must be, in a way, a technology business because the efficiency of the process utilized in the plant goes a considerable ways in determining the yield in the final product you can acquire with this process. Here is what you should know about buying this plant.
1. Technology Used
Whilst the principle of pyrolysis remains to be the same in all the pyrolysis plants you can purchase on the market, it does not mean that every the plants are precisely the same with regards to design, efficiency and underlying technology. Plenty of improvements have already been made within the last few decades when it comes to materials employed for making the plant and also overall workflow.
This has made modern plants considerably more energy-efficient since the energy escaping through some processes is captured from the latest designs and re-routed for other uses. In short, the yield derived in modern plants is significantly higher than the older plants which extra yield goes a considerable ways in generating more profits to your business. So, pay special focus to the underlying technology used in the plant before making a decision.
2. Plant Capacity
Capacity from the plant is going to play a vital role inside the yield you can actually derive in the plant. Those who do not possess much experience in the marketplace often have the mistake of buying as much capacity as they are able manage to buy without paying attention to the relationship between capacity and efficiency. If you opt for a high capacity plant however are struggling to utilize it to its full capacity, the process is not gonna be as efficient as when you can use the plant to its 100% capacity. This is why, you need to pay special focus to the plant capacity and merely buy capacity you could utilize at near to 100% utilization rate.
3. Business Plan
If you’re planning to buy a pyrolysis plant without a well-researched business strategy plan in place, you happen to be setting yourself up to fail. Whatever the size of the company, you need to have a strategy set up. It ought to detail the expenses for setting up the plant and also the money it is possible to generate by selling the merchandise produced by the pyrolysis process. It ought to include the approvals you need from the local authorities, accessibility of raw materials, logistics associated with delivery of raw materials and finished products, option of power, availability of water, availability of labor and various other similar things. In short, have a business plan in place before you start thinking about buying a pyrolysis plant.
Overall, a tyre recycling business using a pyrolysis plant looks great on paper but you need to know that this underlying technology plays a vital role from the profitability of this business. So, pay attention to the underlying technology and also have a strategic business plan into position before you begin researching for pyrolysis plants to put together a robust foundation for the tyre recycling business.