How to make money from cardboard waste

 

If you’re throwing away your cardboard waste, you’re potentially missing out on a valuable revenue-generating opportunity.

Recycling companies are ready to pay for the very cardboard you’re getting rid of, turning your waste into cash. If you haven’t explored the option of selling your cardboard, whether its boxes or packaging, there’s never been a better time to do so.

The end of last year saw cardboard prices in the UK reach the highest levels since records began as a result of supply issues, all due to the pandemic. As the nation was directed to stay at home, online shopping surged which saw a sudden rise in demand for cardboard packaging. At the same time, lockdown also led to a decline in the use of paper meaning there was less raw recycled materials needed for cardboard production. With reduced supply and increased demand, prices were driven up and up.

According to figures from letsrecycle.com, dry bales of cardboard commanded up to £143 per tonne at UK domestic mills during Q4 of 2021. That’s nearly double the price from the start of 2021, where bales could reach between £73-£92 per tonne. While price fluctuations for cardboard are normal, this acceleration is on a scale not witnessed before – and the prices have remained strong into 2022 too.

As waste cardboard is now a valuable commodity in the UK, this creates an opportunity for businesses. There is real money to be made from selling cardboard yet many are overlooking this and are even paying someone else to take it away for them.

The secret is that cardboard waste which has been ‘baled’ by a baler machine can be sold on to recycling companies for reuse or resale, bringing in new revenue for businesses  and converting what was a hefty disposal cost into cash. It also reduces waste collection costs and landfill fees at the same time.

Selling waste cardboard is beneficial from a economic and environmental perspective. The revenue stream it can create, and the savings made, supports a business’ bottom line and boosts the economy. And from an environmental point of view, there will be fewer waste collections, reduced fuel costs and more quality cardboard getting back into our recycling system to help meet the supply problem. Everybody wins.

Businesses will frequently undertake a cost benefit analysis on their core costs but only by extending this approach to ancillary costs can you truly identify all unnecessary costs and ways to generate revenue and make savings. When it comes to handling waste, there are almost always savings to be made in our experience whether it’s reducing labour costs associated with waste management, cutting down waste collections and transport costs or saving precious space by baling and compacting waste.

Are you ready to take the next step and find out more about generating revenue from cardboard waste?

Talk to phs Wastekit. We supply high quality baler and compactor machines for rent or purchase as well as offering servicing, maintenance, waste removal services and partnerships with recycling companies to support customers. phs Wastekit also offers a free Waste Saving Audit and a free trial of a baler or compactor to businesses to see how much you can save with no obligation. And with locations across the UK, wherever you are, phs is on your doorstep.

Get in touch today by calling 0800 169 3534, email wastekitsales@phs.co.uk  or fill in our Contact Us form.  

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