By-product synergy (BPS) is the practice of matching under-valued by-product streams with potential users, helping to create new revenues or savings for the organizations involved while simultaneously addressing social and environmental impacts. Participating company engineers and operations staff are exposed to each other's production processes, input needs, and waste streams and through facilitated collaboration identify innovative ways of integrating their operations to cut pollution, save energy, reduce material costs and improve the bottom line.
By-Product Synergy (BPS) is about creating and capturing value through matching producers of under-valued waste streams with users, and working with regulators to establish support for the process. BPS promotes a shift from a waste disposal system to a reuse methodology, saving energy and cutting emissions.
- What if we were witnessing business opportunity and not just cost reduction?
- What if we began to speak in terms of 100% product instead of zero waste?
- What if every gram of raw material became product?
- What if our so-called "wastes" weren't wastes at all, but were by-products or raw materials for other industries?
