PRI: The Location And Ease Of Movement

The location and ease of movement for PRI are two major factors that will contribute with its success. The collection of household plastics is usually the hardest. The ideal location would be one where PRI could collect the most plastic and easily transport it to the facility. We can point out 3 main types of collection of the plastics. There are curbside, drop off , and deposit systems. Any company should pay attention to these sites.

Transportation of plastic materials is expensive. Any given company within this industry should be careful enough to establish their facilities close to materials. Also access to roads, railways, sea ports, airports will allow ease of transport of inputs and finished products to and from the factory.

Economic

Law details provisions and specific management practices about plastic garbage collection, and if companies do not implement by following standards, they may be faced with punishments of different forms. Also, patents and technology enable enterprises to have core strengths, which are the key points to the success of enterprises. With good political environment, it’s easier to maintain long-term stability, which is the basis for long-term development of enterprises.

Government policy towards trade foreign direct investment: in some countries, foreign companies that come into the country to do business are given some tax holidays for a period, so far as they employ some local persons. This tax reduction will allow PRI enough time to establish itself without stretching its finances. Also in countries like United Kingdom where the whole country and all sides of the political divide are advocating for greener practices, recycling is encouraged by tax exemptions on certain items and also there are grants to help companies who go into recycling. China has also started incentives and tax breaks to companies that do

Some territories already have stronger brands and facilities than them. Entering such markets will be difficult for our company to compete locally with such established company for local demand of recycled plastics. PRI will have to reposition itself in order to compete by lowering prices, reducing production cost, or offering something unique to survive the competition. This might in the long run affect the bottom line of the company.

In markets where there is limited competition or smaller local competitors that do not have a global brand, PRI might be able to enter those markets and dominate like they do in North Carolina. If the local plastics recycling industry is not developed or well established, PRI can take that opportunity to source both their raw material at cheaper price from that market and also supply to the local industries recycled plastics at cheaper price than virgin plastics.

Because of ISO certification on certain operations and equipments, PRI stands a better chance in supplying recycled plastics to auto industries and other industries that require high grade recycled plastics that local recycling companies might not be able to