LONDON, UK – An online trading platform that makes it easier to sell and buy organic resources has been launched by Veolia.
Called BioTrading, the website platform has been designed to provide businesses the opportunity to better leverage the 100 million tonnes of raw materials and biofuels produced every year in the UK.
The first of its kind, the website will be a sales and auction marketplace that connects buyers to the rest of the value chain and finds the best deal for their organic resource needs, recycling them into new products or energy.
Veolia said this has been established because currently “there is no price comparison or trading platform for organic resources and buyers” and sellers currently “waste time and money navigating a confusing marketplace”.
By dealing directly, the aim is that the website will enable sellers to get a good price for their product and gain maximum value from their waste and process by-products, and buyers will benefit from having access to a central platform boasting transparent and fair prices.
The service is aimed at anyone who has resources, or requires them, such as farming, water, construction, food and drink, anaerobic digestion, and the biodiesel and bioethanol industry.
A wide range of resources will be made available on the website including food waste, food for redistribution, industrial organic by-products, agricultural wastes, biodiesel and bioethanol residues, sewage and industrial sludge and wood. To ease logistics buyers can also make use of compliant haulage services if required.
Raquel Carrasco, organics and technology director at Veolia UK, said: “Our new BioTrading website is the missing link for the UK’s organic resources and represents a real step forward in innovation. By operating as an agile trading platform it is a financial and environmental win-win for both buyer and seller. For the UK, it means more waste can be turned back into resources, boosting sustainability, delivering value and promoting a more circular economy.”