|Description||Exchange for recovered materials|
Material Mix owns and operates an exchange for reusable industrial byproducts. Each year, US manufacturers pay to dispose of 176 million tons of waste, 34% of which is reusable. The online trade of these recoverable materials represents an unrealized $13.2 billion market opportunity.
Material Mix’s business model features a disruptive technology that commoditizes the trade of industrial byproducts within the current waste collection industry via a web-based, customer-regulated platform where businesses may create a personalized waste management dashboard, receive updates on available material, and post their own reusable byproduct for auction.