This environmental marketplace connects companies with byproduct materials to new manufacturing, agricultural, and construction operations. It facilitates the reuse of industrial waste by offering market evaluations, brokerage, and sustainability consulting services, helping businesses achieve circular supply chains.
Funding
Funding not disclosed
Founders
Product
Problem
Many industrial, construction, mining, energy, and agricultural operations generate significant byproduct and waste streams that often end up in landfills, incurring disposal costs and representing a loss of potentially valuable resources. Simultaneously, manufacturers face increasing costs for virgin raw materials and pressure to adopt more sustainable sourcing practices.
Solution
Byproduct Connect operates an environmental marketplace that facilitates the reuse of industrial byproducts by connecting companies with waste streams to organizations that can utilize these materials in their manufacturing, agricultural, and construction processes. The company offers a suite of services including material analysis to determine reuse potential, connection to a global network of over 1,000 materials, markets, and logistics partners, and coordination of transportation via truck, rail, or ocean barge. Byproduct Connect also provides metrics reporting, including market and lifecycle analysis, to quantify the economic, environmental, and lifecycle benefits of byproduct reuse compared to virgin materials. This enables businesses to reduce waste disposal costs, generate revenue from byproducts, and source sustainable materials as cost-effective alternatives to virgin resources.
Target Audience
The primary target audience includes businesses in the manufacturing, construction, mining, energy, and agriculture sectors seeking to reduce waste disposal costs, generate revenue from byproducts, and source sustainable materials, as well as municipalities looking to improve recycling rates and achieve zero-waste goals.
Features
- Material flow analysis to map and optimize material flows, identifying inefficiencies and diversion opportunities
- Market assessments to evaluate demand, pricing, and logistics for secondary raw materials
- Lifecycle assessments to quantify environmental impacts and track emissions, resource use, and diversion rates
- Circular waste audits to sort and analyze waste streams from offices and municipalities, identifying reuse scenarios
- Byproduct management programs to create sustainable uses for byproducts, reducing waste and unlocking new revenue streams
- Sustainable materials sourcing to connect manufacturers with cost-efficient byproduct alternatives to virgin materials
- Factory location analysis to identify optimal locations for new facilities based on resource proximity and transportation networks