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RecycleMatch launches eBay-like market for industrial waste

By | February 2, 2011, 5:45 PM PST

A seller is attempting to match steel scrap with a would-be buyer.

A seller is attempting to match steel scrap with a would-be buyer.

Tons of unwanted commodity materials could be repurposed for a second life outside of the landfill via a new B2B marketplace, which opened today online.

RecycleMatch.com functions as an eBay for industrial waste. Businesses anonymously list volumes of building materials, chemicals, glass, metal, minerals, paper, plastics, textiles, wood — and even food waste — to donate or sell.

Just as on eBay, sellers pick the party that offers them the best deal. Buyers are able to ask questions about the materials and request samples if necessary. An escrow service handles the payments.

Today’s listings include an assortment of items including recycled billboards, porcelain scrap, or even sulphate wastewater from the manufacturing of detergents.

“Due to changing customer demands and supply chain mandates by industry leaders, companies are scrambling to reach zero waste. 70 percent of materials that get dumped into landfills can be repurposed, and the RecycleMatch marketplace finds those alternative uses,” CEO Chris Porch said.

“Even commodity recyclables already being diverted benefit from better market exposure and pricing. We’re the first marketplace designed specifically for the needs of large corporations who want control, protection, and trust in the entire process. This is a large and exciting opportunity to help companies reduce costs, strengthen their brands and help the environment,” he continued.

RecycleMatch first launched as a beta last year. The company says that waste diversion represents a $90 billion market opportunity.

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David Worthington

About David Worthington

David Worthington is a contributing editor for SmartPlanet.

David Worthington

David Worthington

Contributing Editor, Energy

David Worthington has written for BetaNews, eWeek, PC World, Technologizer and ZDNet. Formerly, he was a senior editor at SD Times. He holds a degree from Temple University. He is based in New York.

Follow him on Twitter.

David Worthington

David Worthington

David does not have financial holdings that would influence how or what he covers. Occasionally he consults for other companies; should David cover a topic in which a client is involved, he will disclose this fact in his writing. His views do not represent those of ScaleOut Software.

He writes for SmartPlanet and is not an employee of CBS.

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Free enterprise stuggles on despite the feds
RecycleMatch and many other free market companies were excluded from the over $1 trillion "stimulus funds" most of which went to bankrupt states, unions and other political cronies as payback and to ensure support in the 2012 elections.
.
RecycleMatch comments on this specifically here:
http://greeneconomypost.com/stimulus-bill-funds-cleantech-11256.htm

While companies like this struggle, GE got around $17billion of "stimulus" that it touts as being used for clean tech.Yet GE just got a sweet waiver from the US politburo to skirt the new 2011 (unconstitutional) EPA global warming rules.
http://washingtonexaminer.com/blogs/beltway-confidential/2011/02/obama-issues-global-warming-rules-january-gives-ge-exemption-febr

You guys beginning to figure out the global warming and green tech scam yet?
Posted by cd3rd
3rd Feb 2011
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RE: RecycleMatch launches eBay-like market for industrial waste
Important difference between eBay and RecycleMatch ...

With eBay, the high price wins. Done.

For businesses looking for sustainable solutions, sometimes the
"best offer" isn't the same as the best price. Our closed bidding
system creates a sense of price competition (bidders can see
where they rank), but the sellers do NOT have to pick on best
price alone. They can include buyer reputation, distance required
for shipping, or even special environmental requirements for the
end use of the materials.

We love the eBay comparison because ... well, it's eBay and
everyone gets that! But, the B2B needs are different enough it's
worth pointing out!

Thanks Christina!
Posted by brookebf
4th Feb 2011
0 Votes
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RE: RecycleMatch launches eBay-like market for industrial waste
Sorry - I meant,, thanks David! Was thinking of the interview you
linked to with Christina. Cheers.
Posted by brookebf
4th Feb 2011
0 Votes
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RE: RecycleMatch launches eBay-like market for industrial waste
Thanks for the additional info Brooke!
Posted by David Worthington
4th Feb 2011
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