{"id":16822,"date":"2023-07-12T17:38:11","date_gmt":"2023-07-12T17:38:11","guid":{"rendered":"https:\/\/plgconsulting.com\/?p=16822"},"modified":"2023-07-12T18:36:57","modified_gmt":"2023-07-12T18:36:57","slug":"a-leading-petrochemical-service-provider-invests-in-sustainable-plastic-resins","status":"publish","type":"post","link":"https:\/\/plgconsulting.com\/a-leading-petrochemical-service-provider-invests-in-sustainable-plastic-resins\/","title":{"rendered":"A leading petrochemical service provider invests in sustainable plastic resins"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"16822\" class=\"elementor elementor-16822\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-523887e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"523887e\" data-element_type=\"section\">\r\n\t\t\r\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\r\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-ce9546c\" data-id=\"ce9546c\" data-element_type=\"column\">\r\n\t\t\t\t\t<div class=\"elementor-widget-wrap\">\r\n\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-f123610\" data-id=\"f123610\" data-element_type=\"column\">\r\n\t\t\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\r\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3260fa53 elementor-widget elementor-widget-text-editor\" data-id=\"3260fa53\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: var(--porto-body-color);letter-spacing: var(--porto-body-ls,0)\">Our Client, a leading provider of in-plant services for the petrochemical industry, sought PLG&#8217;s expert advice in evaluating opportunities to collect and upgrade plastic scrap. By entering the plastic scrap market, the company could leverage its expertise, workforce, and customer relationships with resin producers while it entered a sustainable market. But before investing, the company needed a deep understanding of the market dynamics to form its go-to-market strategy and to assess potential risks and rewards.<\/span><\/p><p>Due to PLG Consulting&#8217;s deep expertise in the chemicals, plastics, and recycling industries, the Client selected PLG&#8217;s team to conduct a comprehensive market assessment and to aid in outlining strategy recommendations for a successful go-to-market plan for the plastics scrap market. Additionally, PLG was able to provide analyses on how to optimize their investments via enhancement of the Client&#8217;s complementary services through acquisitions to further expand their capabilities to upcycle scrap materials.<span style=\"color: var(--porto-body-color);letter-spacing: var(--porto-body-ls,0)\"><br \/><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c5eb11 elementor-widget elementor-widget-heading\" data-id=\"7c5eb11\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Services Provided<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ceec855 elementor-widget elementor-widget-text-editor\" data-id=\"ceec855\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The complete market analysis and strategy recommendations for the plastics scrap market included a comprehensive project engagement including deliverables of:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c1fa5e elementor-widget elementor-widget-text-editor\" data-id=\"0c1fa5e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ol><li><span style=\"color: var(--porto-body-color);letter-spacing: var(--porto-body-ls,0)\">Evaluation of the potential supply of plastic scrap and its past and projected fluctuations over time\u00a0<\/span><\/li><li>Summary insights on buyer dynamics\u00a0\u00a0<\/li><li><span style=\"color: var(--porto-body-color);letter-spacing: var(--porto-body-ls,0)\">Detailed typical contract terms\u00a0<br \/><\/span><\/li><li>Comprehensive overview of the competitive landscape<\/li><li>SWOT analysis of opportunity<\/li><li>Analysis of opportunities for complementary services and advice on where the Client can best approach the market<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-047f9b9 elementor-widget elementor-widget-heading\" data-id=\"047f9b9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Results<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb1e6a2 elementor-widget elementor-widget-text-editor\" data-id=\"bb1e6a2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>With strategic advice from PLG, the Client has continued to grow into a leading provider of sustainability solutions. The engagement results included:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-26e573b elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"26e573b\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Company invested in a 200,000 square foot facility where it aggregates and densifies plastic scrap for use as a custom feedstock material<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Company has made multiple acquisitions of compounding and pelletizing companies to further enhance its ability to upcycle scrap materials<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-4d08625\" data-id=\"4d08625\" data-element_type=\"column\">\r\n\t\t\t\t\t<div class=\"elementor-widget-wrap\">\r\n\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Our Client, a leading provider of in-plant services for the petrochemical industry, sought PLG&#8217;s expert advice in evaluating opportunities to collect and upgrade plastic scrap. By entering the plastic scrap market, the company could leverage its expertise, workforce, and customer relationships with resin producers while it entered a sustainable market. But before investing, the company [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16825,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[37],"tags":[188],"class_list":["post-16822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study","tag-case-study-chemicals-plastic-resins"],"acf":[],"featured_image_src":{"landsacpe":["https:\/\/plgconsulting.com\/wp-content\/uploads\/2023\/07\/Industrial-Vacuum-Truck.png",600,400,false],"list":["https:\/\/plgconsulting.com\/wp-content\/uploads\/2023\/07\/Industrial-Vacuum-Truck-463x348.png",463,348,true],"medium":["https:\/\/plgconsulting.com\/wp-content\/uploads\/2023\/07\/Industrial-Vacuum-Truck-300x200.png",300,200,true],"full":["https:\/\/plgconsulting.com\/wp-content\/uploads\/2023\/07\/Industrial-Vacuum-Truck.png",600,400,false]},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - 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