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Former Investment Banker Founds EcoBricks, Says Plastic Recycling Hurdle Is Economic

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On 18 October 2026, the South China Morning Post reported that former investment banker Shervin Sharghy founded the company EcoBricks in Hong Kong. He said the main hurdle to plastic recycling is often an economic problem rather than a scientific one, and explained that the cost of collecting, sorting, washing and processing waste plastic is usually higher than producing new material from oil and gas, especially at the small scale at which most recyclers operate.

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18 Oct
  1. 南華早報·香港
    Former Investment Banker Founds EcoBricks, Says Main Barrier to Plastic Recycling Is Economic Rather Than Technical

    Former investment banker Shervin Sharghy founded Hong Kong company EcoBricks, saying the main barrier to plastic recycling is often economic rather than scientific. He said the cost of collecting, sorting, washing and processing waste plastic is usually higher than producing new material from oil and gas, especially given the small-scale operations of most recyclers.

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Current activity3·Peak across comparable sources10(18 Oct, 13:00)·Change across comparable sources in 24 hours -51%

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