Techno-Economic Analysis of Production Ecobrick from Plastic Waste to Support Sustainable Development Goals (SDGS)

Abstract

This research aims to analyze the techno-economics of plastic waste into ecobrick products from a Collaborative Governance perspective. The research method used is to carry out an economic feasibility analysis of ecobrick production from plastic waste over 20 years, by carrying out an analysis from various points of view. The research results show that the production of ecobricks from plastic waste is economically feasible if it is produced for 20 years. This is proven by the technical analysis of the conversion of 135 tons of plastic waste per year to produce 90,000 ecobricks with a total production cost per bottle of USD 0.308 at a selling price of 0.617. However, when production started, there were quite large losses due to equipment and raw materials, reaching negative values of -1000. Even so, in the third year, there was a relatively stable increase until it reached an increase in cumulative net profit every year. Thus, analytical calculations show the potential for significant profits by achieving the break-even point (BEP). However, fluctuations in raw material prices and operational costs can affect profitability, so there is a need for collaborative governance involvement from the government sector in policies on the use of plastic waste and providing financial assistance to the community as waste producers and the private sector as producers. Therefore, this research will have an impact on the government's goal of achieving environmental cleanliness by creating ecobricks and creating profit opportunities for the community and entrepreneurs/private parties. This study also supports current issues in the Sustainable Development Goals (SDGs).