As of today there are an estimated 7 billion people living on planet earth. Accompanying this milestone is widespread concern surrounding the availability of clean water, food and resources. The U.N. estimates that by 2025 we’ll reach 8 billion worldwide and that by 2083, the earth will have 10 billion inhabitants. The rising population will put even greater pressure on the earth’s resources and increase the difficulty of waste management.
Given the potential environmental detriment of what is equivalent to 4.5 pound of trash per person per day in the U.S. and the natural resources used in the creation of that trash, the concerns over the earth’s future are legitimate and sobering. Companies have long been attempting to leverage the demand for more efficient waste management into profits and much has changed within the waste management realm over the past decade.
As is often the case with environmental incentives, one solution begets another problem. Progress of technology today has evolved from simply burying your household trash and commercial waste in a landfill, to incinerating it and harnessing the steam from the incinerator to create electricity for homes and businesses. While this would seem to be an excellent solution to the conumdrum of excessive waste, depleted resources and a rising population, the incineration method carries several draw backs. The process helps meet the demand for electricity and reduces the volume of the landfills by up to 50 percent, but it also leaves IBA or Incinerated Bottom Ash, a highly toxic by-product produced when multiple compounds are mixed and then subjected to high temperatures. The dangers this presents to the surrounding ecosystem and the difficulty landfills have containing the byproduct has punched a hole in this otherwise excellent plan.
IBAGreen (PIEX) has developed its own problem-solving plan to help spackle this dent and make room for the rising global population. IBA, using its patented proprietary process, is betting using the toxic ash to manufacture commercially viable construction products like a superior alternative to Portland cement, fluidized thermal backfill for roads, and precast concrete products. The nanotechnology allows the concrete products to be manufactured in such a way that they are not permeable to water or moisture, which is the chief factor for deterioration of the nation's infrastructure, such as roads, bridges and buildings. IBAgreen’s reclamation and recycling technology can convert the millions of tons of IBA impounded in landfills that currently are leaching toxins into our ecosystem into usable, non-toxic products that surpass both industry and environmental standards.
Not only does this process eliminate the need for costly and dangerous transportation of IBA and create opportunities for states like California that have made IBA storage illegal as a result of the associated risks, it helps minimize the resources and energy expended in creating new products. IBA benefits on either side of the process, not only generating a profit for eliminating the toxic waste, but also on the sales of the top tier products it helps to create.
This unique strategy positions the company well in light of the concern surrounding the quality of life to be enjoyed by the future population. A cleaner ecosystem, less trash and more sustainable products should all be among objectives as we prepare for a more populated universe. IBAGreen’s success in developing a plan that serves all three has the potential to add to its upward mobility in the coming months and years.
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