Friday, June 18, 2010

By-Product Synergy: How to Create New Revenue from Waste

By-Product Synergy: How to Create New Revenue from Waste

The American Council of Engineering Companies presents a timely online seminar by Andrew Mangan, Executive Director, US Business Council for Sustainable Development, on the organization’s By-Product Synergy (BPS) program. The interactive online seminar will be presented on Tuesday, June 22, 1:30-3 p.m.

By-Product Synergy is defined as the matching of under-valued waste, transportation, energy and other streams from one facility, with potential users at another facility to create new revenues or savings, environmental and societal benefits.

Mangan will present successful BPS case studies, including the Chicago Waste-to-Profit Network, and projects involving the City of Houston. Basis for the Council’s BPS process is the strategic teaming of companies, city departments and non-profits working together in a forum to exchange information about operations, material flows, water, power, land and other assets to find synergies that help achieve sustainability goals.

Potential market size of projects emerging from these formal collaborations is estimated at over $3 billion annually, primarily in major metropolitan areas and industrial zones, through municipal and industrial material recycling and reuse, and in water, carbon, energy efficiency, ecosystems and real estate.

A special seminar segment is HDR Engineering, Inc.’s story of their Gills Onions Advanced Energy Recovery System project, recently named winner of ACEC’s 2010 Engineering Excellence Grand Conceptor Award. Project Manager Juan Josse will describe the combination of agricultural innovation and engineering excellence that culminated in a groundbreaking waste-to-energy system fueled solely by daily onion waste.*

If you have a question, please contact La’Creshea Makonnen, 202-682-4338 or lmakonnen@acec.org.

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