Press Release
BASF Introduces Innovative Pilot Blockchain Project to Improve Circular Economy and Traceability of Recycled Plastics

BASF
Published 4 years ago. About a 0 minute read.
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reciChain to prove the value of circularity for plastics and provide stronger incentive to recycle

Platform will enable better sorting, traceability and transparency throughout the value chain in an industry collaborative model

Pilot to start in British Columbia (BC) with vision to become a pan-Canadian solution

BASF launches pilot platform reciChain in the province of British Columbia (BC), Canada, as a response to one of the most pressing environmental challenges – plastic waste. The pilot project will introduce a more sustainable alternative to the linear economic model, reducing plastic waste, maximizing its value and enhancing resource efficiency.

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BASF