Circular Economy System Diagram from the Ellen MacArthur Foundation.

Circular Economy System Diagram from the Ellen MacArthur Foundation.

In a circular economy, all products and by-products recirculate back productively into the economy. One critical component of a circular economy is business-to- business materials reuse; matching wastes and under- valued resources across industries to find viable reuse options that retain and add value to materials above and beyond traditional waste disposal and recycling solutions. The result? A continuously evolving redesign of systems to establish higher value circular flows of materials.


Over the past 20 years, the Materials Marketplace process has broken down barriers to cross-industry collaboration and helped companies identify opportunities to minimize waste and create efficiencies.

Benefit from significant economic savings by sourcing cheaper feedstocks from industrial by-products and recycled materials,  as well as reduce landfill disposal fees.

Material production and use comprises 42 percent of system-wide GHG emissions in the U.S. Materials reuse is a proven strategy to reduce your company's carbon footprint.

 

In addition to GHG reductions, the Materials Marketplace can create additional positive environmental impacts through better and more efficient use of materials.

Globally, the circular economy is a trillion dollar opportunity, with the potential to create 100,000 new jobs by 2019. The marketplace can help stimulate this job growth in Ohio.