Currently, the solution enables manufacturers to create a digital version of their materials based on trusted (audit) documents. This enables them to prove the sustainability of their supply chain and create reliability and trust. “We are now seeing more companies ranging from material producers to OEMs and brands show interest in creating an open standard for the industry. More players see the value of implementing new technologies to become more transparent, they also realise that it can’t be done alone,” says Mesbah Sabur, Circularise founder.
“The value of having this standard developed by the industry, instead of just one or two companies is in avoiding a central powerful authority and giving equal rights to all participants,” says Thomas Nuyts, Director of Global Product Management at DOMO. Encouraging broad marketplace adoption, the Circularise PLASTICS is available to any organization that manufactures, processes, recycles or uses plastics.