A broad range of side streams can be valorized through insects, converting them into a new, protein-rich feedstock to make the animal food chain more sustainable. Our partnership with Vnycke, which builds energy plants that convert biomass and industrial waste into energy, is yet another example of extracting value from side streams.
The technical material cycle concentrates on extending the lifetime of machines and plants through increased durability and efficiency, thereby reducing their carbon footprint overall. The resources stay longer in the system and are recycled only at the end of life. Process optimization through digital technologies, predictive maintenance, services, retrofits, and more will help to get the most out of technologies and extend their lifetimes. Another great example is our plant in Brescia, Italy, where older die-casting machines are remanufactured, gaining new life and impact.
It is not a single solution that will solve the challenges we face, but the adoption of a mindset to find new valorization opportunities and new business models within the principles of a circular economy. Those opportunities can be found when we collaborate across companies and industries.