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How do generate revenue from non-hazardous solid waste disposal?

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As we deal with the waste disposal or the industrial waste of different types. Non-hazardous waste is one such category that cannot be inside the dumpster or sewage line. The wastes are sugars, lactic acid, bromides, or carbonates.

As Paul McCartney says, “There must be a better way to make the things we want, a way that doesn’t spoil the sky, or the rain or the land.”

As the Republic Services, an American waste disposal company started its journey to find better ways to tackle the non-hazardous solid waste collection. The service line expanded with the waste transfer, waste disposal, recycling, and energy services.

The company is headquartered in Phoenix, Arizona (US). The second largest was disposal provider in the US with revenue recorded as 1,053.3 crores USD in 2020 December.

In 1981, the waste disposal firm was created by the Republic Industries. In 1995, Wayne Huizenga became the chairman. In 1998, the Republic industries split off as Republic Services as an IPO and got renamed AutoNation.

The waste management sector is a billion-dollar revenue generated market, as can be seen from the revenues of each of these companies. They got their competitors. In 2008, the company acquired its largest competitor Allied Waste Industries for $6.1 billion in Republic stock.

Republic Services got its own 195 active landfills for waste disposal. They got their own 90 recycling centers to process over 6 million tons of recycling units annually.

The revenue generated by Republic Services is from the processing and selling of old corrugated cardboard (OCC), old newspapers (ONP), aluminum, glass, and other materials. It was recorded that in 2017 around 5 million tons of recycled products were sold.

The company also recycled more than 46,200 tones of ferrous metals and 42,900 tons of non-ferrous metals.

The company uses advanced new technologies, to convert landfill gas to energy, solar energy products, and a natural gas fleet. It has been known as an industry leader. The company is also involved in reducing emissions by 2.5 million tons of CO2 equivalent as well as developing landfill gas-to-energy projects every year.

The company also working rigorously to reduce greenhouse gas emissions. They are also involved in the circular economy. Around $29 million was invested in solar energy projects in 2017.

Well as the company shows its efficiency and investments in various new technologies or solar projects. The company proves a remarkable growth not just in earnings but in providing the right solutions to handle any sort of waste.

The technology investments show the path to finding a better innovative solution for more sustainable ways of treating such waste and recycling them into purpose-oriented products so that they don’t become another headache.

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