Cirplus

Gallery Cirplus 1
Gallery Cirplus 1
April 2020
By cirplus
Headquarters 22769 Hamburg, Germany
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Cirplus - A global marketplace for recycled plastics.

Cirplus' platform uses AI-powered algorithms and blockchain technology to close the loop for plastics, providing a one-stop-shop for finding, negotiating, contracting, shipping, insuring and paying for recyclates and plastic waste trades across the globe.

Today, most disposable products are made from different plastics, making recycling and the production of valuable recyclates more difficult. At the same time, the low level of digitalisation in this industry makes it difficult for buyers and sellers to get an overview of the available material and the prices per commodity. To meet this challenge, the Cirplus platform connects the fragmented and opaque markets of waste owners, recyclers, converters and distributors, closing the loop within the plastics industry. Cirplus sets standards for recyclates and plastic waste, follows the material across the globe via track & trace and creates transparency in terms of availability, quantities, qualities and prices. Ultimately, the goal of Cirplus is to reduce transaction costs for recycled plastic and therefore create solid economic incentives for the value chain to switch from virgin to recycled.

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Key features

  • Helps to save up to 85% of CO2-emissions per ton of recycled plastic

Profitability

  • Saves up to 40.000 to 50.000 USD per year in procurement and sales costs

Company Profile

Maturity Stage

  • Medium and large scale commercialization
  • Small scale commercialization
  • Initial market commercialization
  • Prototype testing in the real world
  • Prototype testing 1:1 in the lab

Looking For

Activity Region

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  • Headquarters
  • Activity

The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.