Week 11 (11/5) Plastech Conceptual Framework

  • How the world views plastic
    • Single-use
    • Disappears when we’re done using it
  • What plastic actually does
    • Sticks around in landfills for millions of years before it degrades
    • Washes into oceans and disrupts ecosystems
    • Metro Manila: 1360 tons/day = 260 Full-Grown African Elephants/day

We are approaching the problem the way that the problem is approaching us

  • People
    • Impacting the Environmental degradation
    • Negative health impacts
    • Opportunity lost
  • Plastic Waste
    • Collecting, Sorting & Throwing Away…

  • Plastic is a byproduct of crude oil
    • Industrial production produces plastic waste that reaches the hands of:
      • Retail consumers
        • Who have no collective agreeable incentive to recycle their plastics
          • This is because these consumers
            • Can not see the continued value of their plastic waste
      • Business consumers
        • Who do have a collective agreeable incentive to recycle their plastics
          • This is because these consumers have the
            • Centralized ability to take advantage of the monetary value of plastic waste
            • Ability to see the degradation of their plastic products over time

Insignificant

  • One plastic bottle is insignificant
  • Many plastic bottles becomes an emergent crisis
  • Good: people like us


  • B2B is established and effective
    • With industrial scale recycling, economies of scale come into play and the efficiency and lower price enable effective recycling to generate a profit
  • But B2C is an entirely different animal that Plastech is seeking to tackle
    • Rather than the centralized and aggregated waste streams of businesses, consumers have a very decentralized waste plastic stream which can be difficult to tap into on a larger scale
    • This provides an opportunity for localized workers and facilities to process plastic waste on a scale that is able to make a real difference directly within communities while generating a profit for the various stakeholders involved

 

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