Grounds for optimism: using coffee grounds to boost Scotland’s Circular Economy
Revive Eco have just secured £235,000 to run a year long project to develop a new highly innovative advanced waste valorisation process that will divert thousands of tonnes of coffee waste from landfill.
Revive Eco Ltd. have just secured over £235,000 from Zero Waste Scotland’s Circular Economy Investment fund which will allow them to run a 12 month development project to finalise their highly innovative new process for producing high value biochemicals from used coffee grounds.
Nicola Sturgeon announced Revive’s investment alongside investments in Glasgow based Total Homes and Tayside startup Angus 3D in an address to the Circular Economy Hotspot event taking place in Glasgow on Wednesday. The First Minister said: “It’s great to see projects like Total Homes, Revive Eco and Angus 3D embracing our circular economy and getting maximum value from resources. This £700,000 investment will help these businesses re-use and repurpose products which will benefit communities by creating jobs and reducing emissions.”
Revive is a Glasgow based startup, founded by Fergus Moore and Scott Kennedy, with the vision of diverting all used coffee grounds away from landfill, and extracting maximum value from this material. They first developed the idea while attending the University of Strathclyde and after graduating, they decided to take the leap and founded Revive.
The business operations involve providing a bespoke waste collection service and a range of environmentally-friendly products, derived from used coffee grounds. They are currently collecting used coffee from the likes of the University of Edinburgh, Scottish Events Campus and the Palace of Holyroodhouse. At an industrial scale, Revive then extract high-value biochemicals from the grounds which can be sold into a range of industries. This process is a pioneering new technology which enables high value chemicals to be produced in a far cleaner, more cost effective and energy efficient manner than was previously possible. From the residual waste left over they then create a soil conditioner, meaning they create additional value from their own waste streams.
The founders of Revive have always been driven to be a part of the circular economy. “We set up Revive with the vision of diverting all coffee grounds in Scotland from going to waste” Fergus Moore, co-founder of Revive said. “Circular business practices are our true north. It makes good business sense as well as being beneficial for the planet.”
Coffee is the world’s second most traded commodity with annual sales of over £9bn in the UK alone. The UK coffee industry produce approximately 500,000 of used coffee grounds per year, of which over 90% are landfilled or incinerated, costing the UK coffee industry £79.8m per year. It is estimated that around 50,000 tonnes of used coffee grounds are generated in Scotland alone.
The biochemicals held within coffee grounds have a range of uses; cosmetics, food and drink, pharmaceuticals, cleaning products etc. The UK currently imports hundreds of thousands of tonnes of product ingredients, such as palm oil from Indonesia and Malaysia every year, adding yet more emissions. Revive will provide a locally sourced and far more sustainable alternative to ingredients like these.
The upcoming project funded by Zero Waste Scotland utilises international collaboration with Revive working alongside a world renowned research institutes across Europe to develop the process. This gives them access to the leading expertise in this field, helping them to develop their coffee valorisation process to the highest degree. By diverting every ounce of coffee grounds from landfill in Scotland, our countries carbon footprint will be reduced by over 80,000 tonnes per year. Revive plan to expand the business model into other countries as soon as possible, to maximise their global impact and accelerate the transition to a circular economy.
Zero Waste Scotland chief executive Iain Gulland said: “Our Circular Economy Investment Fund is helping to bring exciting new ideas to market and we are seeing ever greater interest from private backers, who recognise that the future is circular.”
(Notes to Editors)
About Revive Eco Ltd.
Revive Eco Ltd. is a is an award winning resource management company, developing high-value natural products from used coffee grounds. We are creating an innovative process capable of extracting high value biochemicals from used coffee grounds that have uses in a range of industries. From the residual material left over, we create a natural soil conditioner product meaning our process creates zero waste.Our goal is to minimise waste, maximise value and reduce carbon emissions in Scotland.
For more information regarding the specific press release contact Fergus Moore on +44 7540 484 433 or email email@example.com
More information on Revive Eco Ltd. can be found at www.revive-eco.com. You can also keep up to date with the latest from Revive via our social media channels – Twitter | Facebook | Instagram | LinkedIn
About Zero Waste Scotland
Zero Waste Scotland exists to create a society where resources are valued and nothing is wasted. Their goal is to help Scotland realise the economic, environmental and social benefits of making best use of the world’s limited natural resources. They are funded to support delivery of the Scottish Government’s circular economy strategy and the EU Action Plan for the Circular Economy. More information on all Zero Waste Scotland’s programmes can be found at www.zerowastescotland.org.uk.
Revive Eco Ltd’s coffee valorisation project is supported as part of Zero Waste Scotland’s Resource Efficient Circular Economy Accelerator Programme, funded by the Scottish Government and European Regional Development Fund. This programme provides funding and support for small and medium sized businesses in Scotland to be more resource efficient and create a more circular economy. The Scottish Government is the Managing Authority for the European Regional Development Fund (ERDF) and European Social Fund (ESF). For further information, visit their website or follow scotgovESIF.