Petroleum By-Product
Have you ever considered selling some of your by-products that you no longer need?
Think about this for a minute. Industries like oil companies, lumber yards, and corn farmers have been doing this for years. Why? Because they take waste and turn it into profits! It is true that in some industries the waste product is actually staring you in the face.
Examples of turning by-products into Sales
| Industry | By Product | Consumer Good |
| Lumber | Sawdust, chips, and shredded wood | Manufactured fireplace logs, mulch, particle board, fuel, livestock and pet bedding, winter road traction, weed killing, etc |
| Oil | Refined petroleum | Plastics, cosmetics, rubber, synthetic fiber, etc |
| Corn | Kernels | Starch, MSG, or even ethanol |
As the old saying goes, “one man’s trash is another’s treasure”. So in an economic time where you need to squeeze out efficiencies and new revenue streams why not think of what you are doing that someone else could want to buy from you.
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Tags: by-product, new revenue
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