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Assessment of the current operation of the small-and medium-sized waste recycling facility and the implication of best practice | |
Author | Kamonchanok Klainok |
Call Number | AIT RSPR no.MPA-21-13 |
Subject(s) | Solid waste management--Environmental aspects--Thailand--Bangkok Municipal solid waste--Thailand--Bangkok Plastic scrap--Environmental aspects--Thailand--Bangkok |
Note | A research study submitted in partial fulfillment of the requirements for the degree of Master in Marine Plastics Abatement |
Publisher | Asian Institute of Technology |
Abstract | In Thailand, there is an emergence of local recycling facility which acts as a problem solver in the single-stream recycling system. Their jobs are to get the recyclable materials from consumers and then sort and process the materials for sales to the recycling plants. In particular, recycling facilities are small in size because the business mostly operates manually by local people. They do not have sufficient budget to make a large investment in technology in order to increase production capacity. It still has potential for improvement in business and hence the overall waste management. Recent studies and published reports are lack of numerical data analysis because the data based on the business insights are not publicly available. Due to these reasons, the guidelines to develop the business remain ambiguous. In this research, the study selected two recycling facilities as a case study to do the analysis on the waste composition, financial performance, and the market evaluation. The data obtained were from primary and secondary sources. The composition shows how many waste categories a recycling facility can receive which determines the process in its business operation. The financial health was analyzed by using financial ratios to measure profitability, liquidity, operational efficiency, and debt management. The financial comparison has been made to see the similarities and differences that can be implied as the areas of improvement. Also, the company ratios are benchmark with the industry performance. There were 428 small-sized and 38 medium-sized facilities in the recycling market. Apart from the numerical analysis, SWOT analysis was used to assess the internal and external factors that impact to the business operation. Finally, there were three practical suggestions relating to the operational improvement and innovative business model that can potentially implement under the economy context of the country. The local recycling facility is a stakeholder in the pre-treatment process which is the important mechanism in the waste management. The gap analysis and identification of business improvement can help bring the resource back in the production system more efficiently and sustainable. |
Year | 2021 |
Type | Research Study Project Report (RSPR) |
School | School of Environment, Resources, and Development (SERD) |
Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
Academic Program/FoS | Marine Plastic Abatement (MPA) |
Chairperson(s) | Ekbordin Winijkul |
Examination Committee(s) | Atitaya Panuvatvanich;Thi Phouc Lai Nguyen |
Scholarship Donor(s) | Government of Japan |
Degree | Research studies project report (M.) - Asian Institute of Technology, 2021 |