The Tennessee Materials Marketplace aims to create a collaborative network of businesses, organizations and entrepreneurs where one organization’s hard-to-recycle waste and by-products becomes another organization’s raw material.
In addition to diverting waste from landfills, these recovery activities generate significant cost savings, energy savings, and create new jobs and business opportunities.
Business Led
The Materials Marketplace gives manufacturers practical ways to save money, improve supply chain resilience and generate value through reusable materials. Over 2,100 businesses - large and small - are using the Materials Marketplace across North America.
Technology Enabled
The Marketplace uses a secure online platform, the Rheaply Resource Exchange Platform, for locating, and exchanging materials in a connected reuse network. And it works on all your devices. Creating an account only takes a few minutes, and you can add material listings immediately after.
Actively Facilitated
Marketplace activity is monitored, and reuse opportunities are identified and pushed to qualified companies as recommendations. If parties involved need assistance or an opportunity stalls, the platform is there to step in and facilitate movement.
A Tool for Doing Business
The Materials Marketplace can be used as a tool for companies to explore real-time data on waste and by-product materials and make decisions on infrastructure and process investments; or as a tool to help find new solutions for hard-to-recycle materials.
Economic and Environmental Impact
The Tennessee Materials Marketplace program breaks down barriers to cross-industry collaboration and helps companies identify opportunities to minimize waste and create efficiencies.
Our Users
Tennessee Materials Marketplace users represent businesses and organizations at every stage of the circular economy - from collection and processing to manufacturers making new goods with recycled materials. The Materials Marketplace can be used as tool for companies to explore real-time data on waste and by-product materials and make decisions on infrastructure and process investments; or as a tool to help find new solutions for hard-to-recycle materials.
Recycling Sector
Recycling companies are using the Materials Marketplace to identify new customers and new buyers for collected/processed material. If you’re considering making a new infrastructure investment, opening up a service offering for a new material, or need to do additional research before accepting a customer material - use the Materials Marketplace to identify and test the appetite for specific end-markets before making any commitments.
Manufacturing Sector
Manufacturers can use the Materials Marketplace to find new solutions for challenging waste and by-product materials, and to source recycled feedstocks to help reach recycled content and sustainability goals. Transactions facilitated by the Materials Marketplace are measurable and tracked - in addition to diverting waste from landfill, these activities often generate significant cost savings, energy savings, and create new jobs and business opportunities.
Entrepreneurs
Entrepreneurs can use the Materials Marketplace to find suitable materials and innovate to build new reuse and recycling businesses. Materials Marketplace users have a unique connection to resources to explore new business opportunities in the reuse and recycling space. Lets see what we can build together.
The Materials Marketplace creates measurable economic, greenhouse gas, environmental and social impact.
Real-time Program Metrics:
In addition to GHG reductions, the Materials Marketplace can create additional positive environmental impacts through better and more efficient use of materials.
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.
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 Tennessee.
How it works and how to join
The Materials Marketplace enables participants to easily share details on materials available or desired, identify reuse opportunities, and exchange underutilized materials. Over 2,000 companies - large and small - academic institutions, non-profits and entrepreneurs are using the Materials Marketplace around the world.
