News

£1.6million potential savings for businesses at Mid and East Antrim workshop

Friday 6 October 2017

Savings of around £1.6million have been identified at a resource matching workshop hosted by Mid and East Antrim Borough Council and GES Group for the Invest NI Industrial Symbiosis Service.

Mid and East Antrim Borough Council Mayor Paul Reid is pictured at the Resource Matching Workshop at the Ecos Centre in Ballymena with: (L-R) Patrick MacCormack of International Synergies, Liz Smyth of Northern Ireland Environment Agency, Elaine Kerr of I

The event at Ecos aimed to get businesses working together to identify where wasted or underutilised resources from one business could be used by another resulting in a more efficient way of working that will realise cost savings and reduce environmental impacts.

More than twenty businesses from a variety of sectors attended the event and 100 matches were made with an estimated saving to all the businesses of £1.6million.

The matches also revealed that 11,000 tonnes of wasted resources could potentially be diverted from landfill if the businesses operated together efficiently.

Speaking at the event Mayor of Mid and East Antrim, Cllr Paul Reid said, “Council’s number one priority is growing the economy. We are committed to growing our economy by supporting initiatives such as this and promoting entrepreneurship and innovation through working collaboratively with key stakeholders.

“The Industrial Symbiosis Service is a fantastic initiative to help and support businesses to realise resource efficiency opportunities and uncover the innovative collaboration opportunities for your businesses.

“It is great that so many local businesses from Mid and East Antrim have been able reap great benefits through this support initiative and across such a wide range of sectors.”

Practitioners from the Industrial Symbiosis Service brought along examples of current resources that need a solution and this helped to get ideas flowing in terms of what wasted resources the delegates might have to offer.

One delegate commented, “This has been an excellent resource matching event. I didn’t know what to expect with it being our first workshop but we would love to attend another one in the future.”

The workshops are organised by International Synergies NI Ltd who specialise in industrial symbiosis and deliver the service for Invest NI. This resource matching approach is now in its 10th year and is the longest running Industrial Symbiosis service in the world. To date it has helped businesses save over £25million, diverted over 392,000tonnes from landfill, created and saved 96 jobs and increased revenues by £16million.