Circular economy is good for the economy – Strong growth in the waste management sector
Circular economy may be the key to growth in numerous sectors. Several manufacturers have realised the potential held by recycled plastic. In addition, new legislation obliges governments, municipalities and the waste sector to increase the recycling and reuse of plastic and other types of waste. The processing of waste for reuse requires expertise and special equipment, which is reflected in the growing demand for waste processing machines.
The waste sector is developing rapidly and showing strong signs of growth. China’s Green Fence and the EU’s plastic strategy have had an impact on waste management in several countries. At the same time, new and sustainable waste processing solutions are in high demand. Increased interest in the circular economy and the recycling of plastic open up new avenues for operators in the waste sector.
Circular economy – the key to global economic growth
Even though waste is now seen as a reusable material rather than as disposable rubbish, it must undergo a significant amount of processing before a manufacturer can use it to produce new products. An increasing number of companies willing to utilise recycled material is not sufficient to guarantee the growth of the circular economy. There is also a dire need for waste sector operators that process waste into usable raw material.
This processing requires expertise and special equipment. Tana’s waste management solutions come from Finland, a country known for its cutting-edge technology. With its machinery, Tana aims to provide global solutions for improving recycling and reuse of materials.
China’s waste import ban has had an influence on waste management on a global scale, which has been felt acutely in Britain in particular. On the other hand, developing countries, such as Myanmar, which just selected Tana as the provider of its first purpose-built landfill compactor, have begun to pay more attention to the environmental impact of waste.
Now, as the waste management sector faces great challenges, many seek after new solutions. This gives small expert companies the opportunity to shake their underdog status and to provide the needed innovations and fresh approaches.
Increasing revenue and solid growth in the field of waste management
The boom in recycling and the reuse of materials, especially plastic, is expected to increase the demand for waste management operators and thus boost the growth of companies providing waste management machinery. Due to the company’s network structure, Tana is able to act in a more agile manner than many of its competitors which has translated in to strong growth over the past years. In addition to international operations, Tana now invests in the Finnish market that also serves as a platform for developing and testing new solutions.
‘Large corporations face challenges in maintaining customer centricity while operating in multiple market areas. Tana is more agile. In Finland, we communicate directly with our customers. That gives us valuable insight into their day-to-day challenges and needs.’ Jaakko Kouhia, Dealer Support Manager, Tana.
Tana applies the knowledge gathered in Finland to local conditions abroad. Even though waste management operators around the world share some basic challenges, the processed materials and required particle sizes vary significantly. With Tana, the same machines can be used for different purposes depending on each country’s needs. Tana regards its long tradition in the manufacturing of waste processing technology as one of its strengths and expects steady growth into the future.