Circular Economy
Services
Circular Economy
Circular Economy or Sustainable Material Management (SMM) is a holistic approach that takes into account the entire life cycle of a product/material ensuring optimum utilization of resources. For example – Waste generated in production process can be reutilized as demonstrated in the process below:
Circular Economy Model
Client sells used cardboard or plastic packaging
Eco Wise collects cardboard and plastic scrap, ensures recycling & provides new cardboard boxes or plastic shrink wrap made from Recycled raw material
Client uses New Recycled Cardboard Boxes and Plastic Shrink wrap and thereby completes the Circular Economy loop