THE CIRCULAR ECONOMY

Our technology is a powerful example of 'circularity'

The circular economy is a model of both production and consumption. It involves leasing, reusing, sharing, repairing and recycling existing materials and products in ways which extends their lifecycle for as long as possible.

Practically, the objective is to reduce waste to a minimum by finding ways to extract all possible value from resources. Products or components at the end of their life can be repurposed in another use, whether for an entirely new product or as part of a whole.

The typical model for the circular economy is:

• Raw Materials: Fresh materials such as wood and metals enter the economy.

• Design Process: The first real step in the circular economy.

• Production: Manufacturing enables a circularity of the product.

• Distribution: Products are distributed to points of retail.

• Consumption: Once in possession of a customer, a product is used.

• Collection: Useful materials enter the next stage rather than go to waste.

• Recycling: Usable materials are extracted or combined with raw materials.

• Residual Waste: Materials which cannot be recycled can not continue.