Canada
Sustainability
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Sustainability
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His parents taught him to recycle
Canada
Sustainability

 

 

 

Project reciChain 
British Columbia Pilot Program

 

Canada
Sustainability

Envisioning Plastics Circularity

According to a report produced by Deloitte for Environment and Climate Change Canada, Canada disposed of nearly 3.3 million tonnes of plastic waste in 2016. Of these plastics, less than 11 per cent were recycled, meaning the rest was landfilled or lost to the environment.

In response to one of the most pressing environmental challenges – plastic waste, BASF launches pilot platform reciChain. The pilot project will involve:

Setting up a stakeholder value chain and consortium to incentivize the recycling and reuse of plastics into a local circular economy.

Designing a scalable blockchain solution (reciChain) to support the track & trace, and monetization of plastics within the value chain, through innovative Digital Badge and Loop Count technology.

Expanding on a current pilot in Brazil run by BASF, to operate in British Columbia; leveraging regional knowledge and expertise to define a platform that supports all stakeholders.

Revitalizing the Value of Plastics and Improving Circularity within the Supply Chain

A successful implementation of reciChain will enable:

Traceability

Implementing digital badge and loop counting technologies will introduce the innovative ability to track and trace plastics through various value chains in the circular economy.

Sustainability

The pilot aims to incentivize the reuse of plastics to producers, while bolstering Corporate Social Responsibility (CSR) commitments, supply chain efficiencies and, consumer brand loyalty.

Enhanced Sorting

Waste collectors and recyclers will have an opportunity to enhance the mechanical sorting and recovery of plastics.

Consortium

Key stakeholders within the plastics ecosystem will collaborate on a forward thinking vision for British Columbia (BC) and be a part of a leading consortium to enable a circular economy throughout BC.

Data Integrity

Early stage plastics producers and processors will create a trusted procurement cycle of supply and demand, enabled by blockchain technology.

For the pilot in British Columbia, BASF is working with Deloitte as a strategic advisor for the project.

  BC Plastics Circular Economy

If you would like to learn more about this project contact:
recichaincanada@basf.com