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In the face of more and more plastic waste in our life, people have come up with a new solution, that is to convert plastic back to oil by plastic to oil machine, which can alleviate the pollution problem caused by plastic, and can also generate new energy available plastic oil. This brings great opportunity for investors. Then how much does it cost to convert plastic back to oil? This is not an exact figure. It will be determined by some factors, such as: cost of land, cost for purchase a machine, operation cost for running the machine, cost on depreciation and maintenance of machine, etc.
Convert plastic back to oil by plastic to oil machine
Firstly, it is cost of land
If you want to convert waste plastic back to oil, you will need a piece of land for the plastic to oil machine. The land is about 500 square meters for a set of normal size machine. Based on feedback from our Mexico customer it costs about 2000 - 3000 USD per month, prices may vary from country/area to country/area.
Preparation of land for plastic to oil machine
Secondly, cost for purchase a machine to convert plastic back to oil
For the plastic to oil machine, it usually costs 10000 USD -150000 USD in different capacity, type or configuration. You could do some research and find the suitable machine from the suppliers. Usually, you can get a detailed quote from the equipment supplier after you have provided your handling capacity and required configuration.
Different capacity and type plastic to oil machine
Thirdly, operation cost for running plastic to oil machine
When you starting to run the machine for converting waste plastic back to you, you also need to consider the running cost. It includes labour cost, electricity cost, fuel cost, raw material cost, etc. Usually, it costs about 30 USD for processing one ton plastic back to oil.
Plastic to oil machine was running
Fourthly, cost on depreciation and maintenance of plastic to oil machine
Usually, it will cost about 2000 USD - 10000 USD per year in depreciation and maintenance of plastic to oil machine[This data is provided by our customer in India for reference only]. Of course, depreciation and maintenance costs are mainly affected by the level of plant management and equipment quality. In order to save depreciation and maintenance costs, it is recommended that you buy plastic to oil machine from a competent supplier and hire an experienced management team to help you manage the plant.
Plastic to oil machine maintenance
These are the main factors that affect the cost to convert plastic back into fuel oil. So if you want to start the project to convert waste plastic back to oil, you could refer the above tips to make the investment plan.
Our company DOING with rich experience in converting plastic back to oil project, have own factory and research department. We are able to provide you with suitable plastic to oil machine according to your budget and requirements. We sincerely look forward to cooperating with you.
