An analysis of the major players and competitor.docx - An analysis of the major players and competitor Plasticycle company reveals that in shows that

An analysis of the major players and competitor.docx - An...

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An analysis of the major players and competitor, Plasticycle company reveals that in shows that EcoMax Plastics Ltd will face moderate competition because the startup will employ modern technology in its recycling and manufacturing processes. This will increase efficiency thereby reducing the cost of production hence increasing its revenues. This company cannot pose great competition threat to EcoMax Plastics Ltd because the company will make its PET plastics through recycling of plastic wastes, a process that is going to be relatively cheaper as compared to one of these companies that make virgin PET plastics. The company is, therefore, going to sell
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Unformatted text preview: its products at relatively low and highly competitive prices. 2.5 EcoMax Plastics Ltd Business Idea in Details 2.5.1 Company at a Glance Plastic recycling is the process of recovering waste plastics and reprocessing them into other useful products. In some cases, the products made from recycled plastics are completely different from their original state. In plastic recycling, the waste is melted down and then cast into useful plastics. This is exactly what EcoMax Plastics Ltd will be involved in....
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  • Spring '15
  • Mohamed Patel

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