McDonald’s slick oil recycling
With over 150 delivery trucks (lorries if you prefer,) McDonalds consumes over 6 million litres of diesel fuel each year. That many people have been asking the restaurant (and others) for their used cooking oil has not gone unnoticed and as a result, McDonalds UK plans to use a mix of 85% recycled cooking oil and 15% rafeseed oil to power their fleet.
At the beginning of this month, a subset of 50 trucks was converted to run on the bio fuel and the full fleet should be converted shortly. From a financial perspective, this is great news for the company as they could realize savings of up to $12M per year in fuel costs and potentially have excess fuel to resell providing even more bottom line boost. Reuters published an interesting writeup on this earlier in the month.
Another case where recycling and smart ecological thought translates to positive cashflow.