HOW IT WORKS
PLASTIC RECYCLING: HOW IT WORKS
THE FOLLOWING IS A “MOCK:” EXAMPLE OF HOW MOST SELLING TRANSACTIONS WOULD OCCUR:
Contact to Excess Poly via our website and fill out our Sell Plastics form or phone.
Have a detailed description of the material you are wanting to sell. Include material type, grade if known, quantity, color, location, packaging, picture if possible and desired price if known.
Our sales staff then examines the offer and checks to make sure that it is a viable one that makes economic sense for both the seller and the marketplace. Many offers that we get are not viable because the quantity is very low or the contamination in the material is too high. We will many times ask a seller to send us a small sample so that we can examine the scrap material and determine it”s value.
If we agree that the material has value, we then offer the seller a price based on a per pound rate including the freight cost. The weight of the material is determined by a certified scale at either our facility or a facility in route from the origin to our facility. For example; We agree to buy 40,000 lbs. of plastic pallets at a picked up price of $.20 per lbs. We receive a total of 38,500 lbs. total. So our check to the seller would reflect 38500 lbs. X $.20 per lbs.= $7,700.00.
THE FOLLOWING IS A “MOCK:” EXAMPLE OF A BUYER INQUIRY AND HOW MOST BUYING TRANSACTIONS OCCUR:
Contact to Excess Poly via our website and fill out our Buy Plastics form, phone.
We initially will check our inventory to see if the plastic is in stock at one of our facilities, if not we have a network of over 10,000 suppliers that we can access to see if we can locate the material for you.
If the material checks out and we agree on price, we then officially offer you the material, ask for a purchase order, deliver the product, and are paid within terms.