Industrial symbiosis is a resource efficiency approach where unused or residual resources (Material, energy, water, waste, assets, logistics, expertise etc.) of one company are used by another. This results in mutual economic, social and environmental benefits.
Facilitated industrial symbiosis implementation specialists, International Synergies ltd, define industrial symbiosis as:
“…the practice of bringing together companies from different sectors to identify business opportunities that keep resources in the economy in a perpetual productive cycle that avoids waste – in other words, the circular economy in action.
Industrial Symbiosis Programme Brochure - click to download