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Excess Materials Exchange (EME)

Digital platform for unlocking the potential of secondary material exchange

November 2020
Gallery Excess Materials Exchange (EME)  1
Gallery Excess Materials Exchange (EME)  1
01.

Identification

Excess materials and products are currently not exchanged in a structured manner on a large scale. Mounting environmental pressure, consumer awareness and circular ambitions put pressure on companies for taking responsibility, they need to scale up their currently small scale initiatives. Excess Materials Exchange operates a B2B digital platform where companies buy and sell any type of excess materials, products and waste streams.The platform matches materials to their highest value reuse option. On the platform, the Resources Passport Module gives materials an identity and collects material data in a structured manner which allows to find high-value reuse options. The Tracking & Tracing Module allows users to follow physical resource streams by linking them to their digital twin through identifiers (i.e. bar-codes, QR-codes, RFID chips). This enables to communicate when and where products and materials will be released. The Valuation module quantifies the financial, environmental and societal impact of materials to understand which next use application is the most beneficial. Lastly, the Matchmaking Module facilitates the matchmaking of excess materials to new reuse options thanks to Blockchain and Artificial Intelligence.

  • /
Label Date November 18, 2020
From Netherlands
Maturity stage Initial market commercialization
Looking For New clients, Visibility, Funding, Credibility, Network, Partners
02.

Implementation Stories

Excess Materials Exchange (EME) by Excess Materials Exchange
Implemented by Enfield Council in Einfield (United Kingdom) in 2022

Enfield Council, a Greater London borough, collab- orated with Excess Materials Exchange to launch its own digital platform to allow the materials coming out of demolition projects to be reused. Initial focus will be on the Council’s Meridian Water project, its £6 billion flagship regeneration project in Edmonton, which will provide 10,000 homes and 6,000 jobs in the borough. The platform will then include all Council projects to allow for materials to be exchanged and reused across the borough.

Result

Potential to reduce co2eq emissions by 25% (compared to status quo) & the costs of redevelopment projects

03.

The environmental benefits

  • On average, 60% reduction of the environmental impact associated with end-of-life of materials and products
  • On average, 110% increase in the end-of-life financial value of materials and product
  • A CO2 emissions reduction of 123 kilotonnes CO2, which equals the emission of all citizens of Amsterdam (862,987) driving from Amsterdam to Milan (Pilot Report Data for 18 studied materials stream)
  • Water savings equal to the content of 860 Olympic-size swimming pools (Pilot Report Data for 18 studied materials stream)
  • An energy saving of 2,883 TJ, equal to the energy consumption of the city lights in Paris for at least 5 years (Pilot Report Data for 18 studied materials stream)
04.

The Financial benefits

  • A potential creation of €64m in financial value and a reduction of €54m in environmental damage (eco-cost), resulting in a Total Value creation of €118m (Pilot Report -18 studied materials streams)
  • An average of 110% increase in the end-of-life financial value of materials and products (Pilot Report Data for 18 studied materials stream)
05.

Activity Region

  • /
  • Headquarters
  • Activity
06.

Company Profile

Excess Materials Exchange

Excess Materials Exchange (EME) is a young and innovative technology company which has developed a digital matching platform to find new high-value reuse options for the materials and (waste) products.

View company profile Solution website
Headquarters 1061 TL Amsterdam, Netherlands
Contact the Solution Provider Add to Favorites

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. The innovator Excess Materials Exchange has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.