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Circular production

As with finished products, waste sorting and storage come at a cost. For example, renting a baler can cost up to €500 per month.

Each year, the French economy spends 7.1 billion euros on waste transportation.

In most countries, disposal costs are increasing. In Austria, the landfill tax rose from €3 to €87 per ton between 1996 and 2014. In the UK, the actual cost of industrial waste typically accounts for 4% to 5% of turnover and can be as high as 10%.

To better capture the value of industrial waste, factories should leverage circular economy business models.

Chemical leasing

For a consumer products manufacturer, we evaluated several opportunities to reduce industrial waste, including chemical leasing and waste recycling. We found that chemical leasing could reduce total cost of ownership (TCO) by 15%.

We helped a chemical plant resell its waste as a resource to other industries. As a result, our client reduced waste management costs by €0.5 million per year.

We use a digital platform to identify how waste from one industrial process can be used as a resource for another. The platform leverages advanced technologies such as big data and machine learning.

Connect with our circular economy consultants to know more