British Columbia Pilot Program
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.
For the pilot in British Columbia, BASF is working with Deloitte as a strategic advisor for the project.
The goal of the reciChain pilot was to prove that circularity, the action of maintaining a product’s value through the product’s lifecycle and into a new product, is feasible, cost effective and can be enabled through recycling. The reciChain project pushed innovative boundaries through its approach to circular economy, the physical marker, and blockchain. The pilot successfully proved the technical feasibility of a plastics circular economy by tracking the lifecycle of each product from pellet to pellet.
The reciChain project began in 2019 at an ideathon in Brazil, when BASF together with its partners, designed a solution to fight waste certificate fraud in Sao Paulo.
BASF then looked to expand the use case to Canada in order to test and prove the broader vision of circularity in a new market.
BASF engaged Deloitte to act as a strategic partner to provide project governance and work with the local stakeholders in the plastics value chain.
BASF also engaged Security Matters, as the core solution provider for both the physical marker technology and blockchain development.
BASF, Deloitte, and Security Matters looked to pilot two plastic product loops to prove out feasibility and enable a circular plastics economy in Vancouver B.C.
The reciChain team defined the plastic value chain comprised of 8 key stakeholders, to form a consortium. This collaborative ecosystem would enable the team to develop product loops, in which two separate plastic product packages would be embedded with a physical marker.
The project culminated in a 3 week pilot whereby the consortium successfully proved that plastics circularity, and the ability to track and trace plastics through the value chain was feasible.
The program has set a long term vision that will enable plastics circularity through a self-sustaining ecosystem.
Demo: trinamiX integration into reciChain blockchain