Valorization of Plastic Waste in Ghana

2021 ◽  
Vol 10 (2) ◽  
pp. 31-45
Author(s):  
Dolores Mensah Hervie ◽  
Ernest Christian Winful ◽  
Sebrina Kafui Tsagli
Keyword(s):  
Business Model ◽  
Research Methodology ◽  
Circular Economy ◽  
Plastic Waste ◽  
Waste Plastics ◽  
African Countries ◽  
Global Challenge ◽  
Business Model Canvas ◽  
Different Types ◽  
Exploratory Technique

Wastes from plastics are ubiquitous and have become a critical global challenge, especially in Africa. There is an urgent call to combat the menace because of its harmful impact on the ecosystem. The research methodology used is the exploratory technique. Circular economy (CE) is the answer to this global problem, especially in advanced countries. Even though some African countries have commenced recycling waste plastics, which is a contribution to circular economy, the idea is now gaining support in Ghana. The aim of this study is to propose a strategy and design a customized business model canvas for an establishment that transforms different types of waste plastics into pavement slabs and paving tiles in Ghana. The rationale is to accentuate the significance of introducing CE as a tool for effective and efficient plastic waste management in the country.

scholarly journals STRATEGI PENGEMBANGAN USAHA DAUR ULANG SAMPAH PLASTIK DI BANK SAMPAH KOTA PEKALONGAN

2020 ◽  
Vol 7 (3) ◽  
Author(s):  
Edy Purwanto ◽  
Miftahur Rahman Hakim
Keyword(s):  
Business Model ◽  
Swot Analysis ◽  
Waste Recycling ◽  
Plastic Waste ◽  
Customer Relationships ◽  
Customer Relationship ◽  
Business Model Canvas ◽  
Use Of Technology ◽  
Media Channels ◽  
Key Resources

Abstract: The Waste Bank is a waste collection concept with business management such as banking, but what is saved is the selected dry waste. The purpose of this study is to design an appropriate alternative strategy with a business model canvas approach for plastic waste recycling at BSKP. The research method used a qualitative descriptive approach with data analysis techniques using SWOT analysis and the business model canvas. The results showed that the development of a business model was prioritized on 4 blocks, namely key resources, key partners, key activities and customer relationships. The development of key resource blocks is carried out by increasing the skills and understanding of human resources regarding the use of technology and information. Development of key partner blocks by creating creative programs to improve relationships with partners, especially customers. Development of block key activities by establishing relationships with customers in the use of micro-scale plastic waste. Whereas in developing customer relationships, it is necessary to improve personal and group services by creating social media channels to maintain and communicate instinctively with customers and potential customers. Abstrak: Bank Sampah merupakan konsep pengumpulan sampah dengan manajemen usaha seperti perbankan namun yang ditabung merupakan sampah kering yang sudah dipilih. Tujuan penelitian ini yaitu merancang strategi alternatif yang tepat dengan pendekatan business model canvas usaha daur ulang sampah plastik di BSKP. Metode penelitian menggunakan pendekatan deskriptif kualitatif dengan Teknik analisis data menggunakan analisis SWOT dan business model canvas. Hasil penelitian menunjukkan dalam pengembangan model bisnis diprioritaskan pada 4 blok yaitu key resources, key partner, key activities dan customer relationship. Pengembangan pada blok key resources dilakukan dengan cara peningkatan ketrampilan dan pemahaman SDM tentang pemanfaatan teknologi dan informasi. Pengembangan pada blok key partner dengan membuat program yang kreatif dalam meningkatkan hubungan dengan mitra khususnya nasabah. Pengembangan pada blok key activities dengan cara menjalin hubungan dengan nasabah dalam pemanfaatan sampah plastik skala mikro. Sedangkan dalam pengembangan customer relationship perlu ditingkatkan dalam layanan personal maupun kelompok dengan membuat channel media sosial guna mempertahankan dan komunikasi yang instens dengan pelanggan dan calon pelanggan Garbage Bank, Plastic Waste, SWOT, Business Model Canvas

scholarly journals Production of Fuel from Plastic Waste: A Feasible Business

Polymers ◽  
2021 ◽  
Vol 13 (6) ◽  
pp. 915
Author(s):  
Irene Fahim ◽  
Omar Mohsen ◽  
Dina ElKayaly
Keyword(s):  
Business Model ◽  
Fossil Fuel ◽  
Calorific Value ◽  
Plastic Waste ◽  
Green Economy ◽  
Venture Capitalists ◽  
Suggested Approach ◽  
Business Opportunity ◽  
Business Model Canvas ◽  
The World

This paper aims to conduct a feasibility study of producing fuel from plastic waste. It is a suggested approach to deal with the huge production of synthetic plastic around the world, so as to avoid its accumulation in landfills and the depletion of resources. Several types of research have addressed the conversion of plastic waste into energy, and in this study the authors focused on using pyrolysis to convert plastic to liquid oil. Accordingly, the volume of the waste was reduced significantly, and the produced liquid oil had a high calorific value in comparison to fossil fuel. The authors managed to develop a profitable business model for a facility producing fuel from plastic waste in Egypt. This project could be a very lucrative business opportunity for investors or venture capitalists interested in investing in green economy. A Business Model Canvas was used as a tool to identify how the different components of the business relate to each other.

scholarly journals Research and analysis of carsharing service

2021 ◽  
Vol 82 (4) ◽  
pp. 40-48
Author(s):  
B.Ye. Amirgaliyev ◽  
◽  
G. K. Yegemberdiyeva ◽  
Keyword(s):  
Literature Review ◽  
Business Model ◽  
Business Models ◽  
Legal Aspects ◽  
Car Sharing ◽  
Business Model Canvas ◽  
Different Types ◽  
New Business ◽  
Potential Risks

The article is devoted to the research and analysis of the car-sharing service. Great attention is paid to the literature review, and different business models suitable for building a car-sharing service are examined. Based on existing business models for different types of car sharing, the authors have justified and presented a new business model canvas. Another focus of the article is the study of the legal aspects for the establishment of a carsharing service in Kazakhstan, as well as the analysis of potential risks and methods for their management.

scholarly journals Toward a Circular Economy in the Toy Industry: The Business Model of a Romanian Company

2021 ◽  
Vol 14 (1) ◽  
pp. 22
Author(s):  
Irina Albastroiu Nastase ◽  
Cristian Negrutiu ◽  
Mihai Felea ◽  
Carmen Acatrinei ◽  
Andrei Cepoi ◽  
...  
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Research Strategy ◽  
Business Organizations ◽  
Service Model ◽  
High Quality ◽  
Business Model Canvas ◽  
Start Up ◽  
Toy Industry

Nowadays, more and more business organizations are encouraged to find ways to produce high-quality products that are offered to users for their temporary enjoyment and then redistributed or sent to the next user pending. This is done without being conditioned to believe that we need to own something, use it for certain functions for a limited amount of time, and then throw it away. Toys are a perfect candidate for this approach. Given the lack of case studies explaining how companies can design and implement a circular economy in practice, especially in the toy industry, this study aimed to develop a case study based on Evertoys, a start-up operating in Romania, which is a country where the circular economy is only in an infancy phase. This study’s objective was to analyze this business model from the circular economy perspective. Regarding the methodology, the work followed the research strategy of the case study, which was developed by analyzing the opportunities and challenges of this toy-as-a-service model and taking into consideration the components of the Business Model Canvas. Our findings indicated the presence of driving factors, as well as barriers, in the implementation of circular economy practices.

scholarly journals The Circular Business Framework for Building, Developing and Steering Businesses in the Circular Economy

2021 ◽  
Vol 13 (2) ◽  
pp. 963
Author(s):  
Julian Lauten-Weiss ◽  
Stephan Ramesohl
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Design Research ◽  
Economic Transition ◽  
Expert Interviews ◽  
Business Model Canvas ◽  
Innovative Tool ◽  
Design Research Methodology ◽  
In The Beginning ◽  
Business Framework

The need for a transition towards a circular economy (CE) is evident, as the current economic model is based on the exploitation of far more resources than the planet can replenish sustainably. A significant part of this economic transition is the inception of new, CE-oriented startups and business activities. While business model frameworks (BMF), such as the Business Model Canvas (BMC), were at the center of discussions about structuring business ideas in the beginning of the millennium, the conversation must now shift towards circular BMFs (CBMF). This paper follows the Design Research Methodology (DRM) for an empirical approach to devising a novel CBMF, including expert interviews as well as a first application of the framework with a startup. Throughout this process, a new and innovative tool called Circular Business Framework (CBF) was created and tested based on CE principles.

scholarly journals Adaptation of the business model canvas template to develop business models for the circular economy

Procedia CIRP ◽  
2021 ◽  
Vol 99 ◽  
pp. 698-702
Author(s):  
Anja-Tatjana Braun ◽  
Oliver Schöllhammer ◽  
Bernd Rosenkranz
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Business Models ◽  
Business Model Canvas

scholarly journals Circular Economy Business Models in the SME Sector

2021 ◽  
Vol 13 (13) ◽  
pp. 7059
Author(s):  
Katarzyna Brendzel-Skowera
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Business Models ◽  
Raw Materials ◽  
Maturity Index ◽  
Bottom Up ◽  
Business Model Canvas ◽  
Limited Application ◽  
Organizational Maturity

The article focuses on a bottom-up approach to implementing the concept of circular economy. All enterprises, not only the most aware ones, face the challenges of this economy. The modification of business models towards circular economy becomes a necessity. However, questions arise as to whether the use of circular economy business models is widely practiced and how enterprises are coping with the implementation of these models. This article presents the results of research aimed at assessing the organizational maturity of enterprises in terms of implementing the principles of circular economy. Based on the concept of organizational maturity levels of the CMMI model, the classification of circular business models according to R2Pi and the integrated business model (the so-called business model canvas), the maturity index of the circular economy business model is constructed. The results obtained do not allow one to formulate very optimistic conclusions. First of all, a competency gap in the field of circular business models is identified, which translates into a limited application of these models in practice. The most frequently implemented models are: circular raw materials, recovery of raw materials, modification and repair. Most enterprises tend to undertake activities that are characteristic of circular economy. Furthermore, the importance of these activities increases with the age of the enterprise.

scholarly journals A Study on Assessing a Business Viability for Transition to a Circular Economy

2020 ◽  
Vol 4 (1) ◽  
pp. 78-94
Author(s):  
Sugam Upadhayay ◽  
Omaima Alqassimi
Keyword(s):  
Linear Model ◽  
Business Model ◽  
Value Chain ◽  
Circular Economy ◽  
Generic Model ◽  
Business Model Canvas ◽  
Circular Model ◽  
Business Entities ◽  
A Company ◽  
Generic Process

The shift from the existing linear model of the economy to a circular model is gaining traction across business entities, nationally and globally. Minimal studies have been done that would support the circular transition for a business from an existing linear model. There is a significant gap between the formulation and implementation of circular strategies in business. This literature review explores the preexisting concepts of the business model canvas (BMC) and Value Hill tool for the implementation of circular strategies in a business by determining a Good Point for Transition (GPT). The favorable condition, where a business can transition from a linear economy (LE) to a circular economy (CE) is defined as a GPT. This study suggests a three-step generic process that would provide a company with clarity on how to incorporate circular strategies into their structure. Firstly, this review paper defines and elaborates upon the business model canvas (BMC) based on the prior work of Osterwalder and Pigneur (2010) and Lewandowski (2016). Secondly, it analyzes the Value Hill diagram, a strategic tool for circular activities, that a business can use upon implementation of a circular model (Achterberg et al., 2016). Finally, this work will indicate how a circular strategy can be selected on the basis of assessment of the BMC and Value Hill diagram of a business. For a better understanding of the process, IKEA's initiatives for circular strategies are used in the study. The paper concludes with a three-step generic model for determining GPT and emphasizes that the adoption of circular strategies for companies depends upon the circular expertise and resources they and their value chain partners have across the Value Hill diagram. Keywords: circular economy, circular strategies, circular business model canvas, value hill diagram, circular transitions

The Ecocanvas as a business model canvas for a circular economy

2020 ◽  
Vol 258 ◽  
pp. 120938 ◽  
Author(s):  
Alain Daou ◽  
Camille Mallat ◽  
Ghina Chammas ◽  
Nicola Cerantola ◽  
Sammy Kayed ◽  
...  
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Business Model Canvas

scholarly journals Ensuring sustainability in plastics use in Africa: consumption, waste generation, and projections

2019 ◽  
Vol 31 (1) ◽  
Author(s):  
Joshua O. Babayemi ◽  
Innocent C. Nnorom ◽  
Oladele Osibanjo ◽  
Roland Weber
Keyword(s):  
Historical Analysis ◽  
Thermal Recovery ◽  
Waste Plastics ◽  
African Countries ◽  
Polymers And Plastics ◽  
Global Challenge ◽  
Plastic Bag ◽  
Environmentally Sound ◽  
Sound Management ◽  
The Impact

Abstract Background Currently, plastic is at the top of the international agenda for waste management. Recent meetings of the Conferences of the Parties to the Basel and the Stockholm Conventions have expressed concerns over the impact of plastic waste, marine plastic litter, and microplastics, and emphasised the importance of reducing consumption and ensuring the environmentally sound management of waste plastics. This study presents the first continental historical analysis of mass importation and consumption of different polymers and plastics (primary and secondary forms, respectively) in Africa and the associated pollution potential. We identified, collated and synthesised dispersed international trade data on the importation of polymers and plastics into several African countries. Results The 33 African countries (total population of 856,671,366) with available data for more than 10 years imported approximately 86.14 Mt of polymers in primary form and 31.5 Mt of plastic products between 1990 and 2017. Extrapolating to the continental level (African population of 1.216 billion in 54 countries), about 172 Mt of polymers and plastics valued at $285 billion were imported between 1990 and 2017. Considering also the components of products, an estimated 230 Mt of plastics entered Africa during that time period, with the largest share going to Egypt (43 Mt, 18.7%), Nigeria (39 Mt, 17.0%), South Africa (27 Mt, 11.7%), Algeria (26 Mt, 11.3%), Morocco (22 Mt, 9.6%), and Tunisia (16 Mt, 7.0%). Additionally, primary plastic production in 8 African countries contributed 15 Mt during 2009–2015. The assessment showed that environmentally sound end-of-life management of waste plastics by recycling and energy recovery is in its infancy in Africa, but recycling activities and thermal recovery have started in a few countries. Conclusions Globally, the perception is that production and consumption of plastics can only increase in the future. Solutions are needed to tackle this global challenge. Certain policies and plastic bag bans could help reduce plastic consumption in the near future, as demonstrated by Rwanda. Furthermore, there is a need for innovative solutions such as the introduction of biodegradable polymers and other alternatives, especially for packaging.

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