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.