The push toward a waste free economy is catching on, as more companies are seeing the value of boosting their sustainability practices and fiscal plans.
This waste free movement took center stage this month at the 2020 Davos World Economic Forum annual meeting. Companies like Unilever shared their efforts to replace a “linear” economic model with a circular one that promotes extending the life of materials.
The idea behind a circular economy is to use as few resources as possible by keeping materials in circulation and getting the greatest value from them.
There is a need now for a circular economy more than ever. According to the Circle Economy, just 8.6% of the minerals, fossil fuels, metals and biomass that industries use is circular (or cycled back). That number is down from 9.1% in 2018 - a slight drop considering material flow accounts for more than 50% of emissions in countries that have joined the Organisation for Economic Co-operation and Development (OECD).
Yet, the news out of this month’s World Economic Forum proves promising, with more companies taking a closer look at the role they play in creating a sustainable future.
Temarry Recycling has been providing one of the answers and leading the way toward a waste free economy.
Leading The Way
Even though more companies are transitioning their operations to include more sustainable operations, Temarry Recycling has been a leader in the shift to a circular economy for years.
One of the greatest contributors to a company’s sustainability is waste management. Many companies that must dispose of solvent-based liquids, solids and sludge take advantage of an open loop recycling process. One of the most common examples of open loop recycling is fuel blending.
Although fuel blending is an environmentally-friendly option because it delays the disposal of materials, West Coast companies dramatically increase their carbon footprint due to the transportation of that waste to fuel blending sites across the country. In fact, the nearest cement kilns that can consume fuel blended waste from Los Angeles are in Kansas and Arkansas.
This not only increases transportation costs substantially, but also dramatically increases a company’s carbon footprint through the burning of fossil fuels for diesel fuel.
Though West Coast companies may think this is their only option to reduce their carbon footprint, create sustainable solutions within their operations and avoid higher manufacturing costs, it is not.
Temarry Recycling is based in San Diego and operates a recycling facility in Tecate, Mexico. Located just across the Southern California-Mexico border, this recycling facility offers companies a closer and alternative option to fuel blending that is more cost efficient and embraces the circular economy model.
Embracing A Waste Free Economy
Temarry has successfully developed a process that allows companies to take an existing physical product, industrial solvents, and recycle it in a closed loop process with a useful waste byproduct.
In other words, closed loop recycling allows the recycling of a material that can be used indefinitely without the degradation of properties.
Temarry has achieved this circular economy concept by investing in the following technologies:
- Waste to Energy - WTE converts high BTU organic solids to steam to be used as energy on-site.
- Solvent Distillation - This process utilizes the steam from WTE as energy to power the recovery stills. Through distillation, spent solvents are re-manufactured and sold back into industry for their original solvent properties.
- Water Treatment - This process extracts usable water from industrial hazardous wastes, including acids, bases, coolants, oily water and latex paint. Treated water is used on-site for industrial needs including the WTE process and in the cooling tower.
This process allows companies to not only reduce their transportation costs but increase their sustainability through reducing their use of fossil fuels and taking advantage of the benefits of a waste management system that embraces the circular economy concept.
You can read more about how Temarry Recycling has embraced and championed the circular economy concept by investing in waste to energy, solvent distillation and water treatment technologies in our article, What Is The Circular Economy?
The Push Across Industries
The circular economy concept may look different to each company and can be applied in various ways. One thing is clear, however…this newer way of thinking opens the door to boosting the economy, improving a company’s bottom line, providing more environmental protections and creating jobs.
At the 2020 Davos World Economic Forum annual meeting, Marc Engel, Unilever’s chief supply chain officer, told a Bloomberg Live panel, “We need to move to a circular business. We’ve got a long way to go, but I’m very positive we’ll get there. If we set our minds to it we will achieve it.”
Asset management company, Black Rock, has joined the movement by starting a fund focused on implementing a circular economy, while several other companies have found ways to implement more sustainable practices that embrace the circular economy model in their operations.
For example, Apple Inc. has begun an initiative to build new iPhones using parts from older models. Adidas has the goal of nearly doubling its production of shoes made from recycled plastic to 20 million. Unilever and Nestle have also pledged to cut packaging.
Our article, Five Unbelievable Circular Economy Success Stories, showcases other ways companies are extracting the greatest potential value from their materials.
A Revolutionary Solution
Today’s economic model focuses heavily on obtaining large quantities of cheap, easily accessible materials and energy. In other words, “out with the old, in with the new.”
It is a bleak way of thinking that will have disastrous effects on Earth’s natural resources.
And, as reports of resource depletion become more widespread, the need is critical for more companies to apply the circular economy concept to their business practices.
Temarry Recycling offers a revolutionary approach to help companies achieve their sustainability goals by providing cutting-edge industrial recycling solutions that utilize environmentally-conscious methods of waste management.
The future is now. You can learn more about how Temarry fits into the circular economy model.