TECHNICAL , CHEMICAL AND ECONOMICAL ASPECTS OF PLASTIC RECYCLING PROCESS

The present study analyzes the historical and current trends of plastic recycling industry of Europe followed by the economic analysis of plastic recycling firm ‘Quantafuel’. The study uses two different approaches i.e., financial analysis and Porter’s five industrial analysis to analyze the company’s performance and overall trends in Europe. The financial (economic – cost/benefit) analysis has been performed using fourteen different ratios i.e., equity ratio, earnings per share (EPS), debt-to-equity ratio, return on equity (ROE), working capital ratio, return on invested capital (ROIC), return on assets (ROA), gross margin, operating margin, net margin, economic value, capital employed, cost of capital and WACC for the time period 2018-2021. As the company was founded in 2017, thus the results shows that company is not generating profit but is on its way to recovery and soon will be genertaing enough profit. The decline in negative statistics over the specified time period showed that Quantafuel is making progress day by day as it is also expanding it's business in Europe. Secondly, the porter’s five analysis showed that the five porter’s forces significanlty affects the European plastic industry and the performance of the Quantafuel