rHDPE

Empowering Circular Economy through Chemovator’s support and BASF collaboration

Leave a Comment / Media, News / By / 28/07/2023

VentureCapital Magazine | June 2023 | Germany

Resycure is tackling the recycling problem and is being supported by Chemovator, the business incubator of BASF. Our founders, Michel Weinketz and Joerg Von Walcke had the opportunity to share their insights in an exclusive interview with VentureCapital Magazin. Learn how Resycure is playing a pivotal role in closing the loop in plastics recycling.

 VC Magazin: What contribution does Resycure make to the circular economy?

Von Walcke: The recycling market is broken, and the transition is too slow. Consumer goods companies have set targets for the use of recycled materials but struggle with an opaque, highly complex, and often locally focused market. To increase the proportion of recycled plastics, we collaborate closely with brand owners and packaging manufacturers worldwide, consolidating their demand for similar plastic packaging. Recycling companies also benefit from the consolidated volume. For example, if a company has a demand of 500 tons per year for shampoo bottles in Europe, our model consolidates this volume to 8,000 to 10,000 tons per year and uses collective purchasing power to ensure that they not only have better commercial conditions with recycling companies but also have priority in delivery and reduced risk in long-term contracts in a tight market. At the same time, recycling companies benefit from the consolidated volume by scaling their business models and investing in improved quality.

VC Magazin: How does the collaboration with Chemovator unfold?

Weinketz: Chemovator offers some unique advantages. Apart from financial support, we are provided with experienced mentors from the startup scene. They act as both supervisory board members and advisors, sharing their own practical experiences with us. Moreover, being associated with BASF is a significant advantage, as it opens doors to many large customers and organizations that are otherwise challenging for a startup in its early stages to reach.

VC Magazin: From your perspective, how could external startups benefit from Chemovator?

Von Walcke: We would recommend Chemovator to startups that can truly leverage the “unfair advantage” of connecting with BASF. This could be either because their business model complements solutions in the chemical industry or because BASF’s global B2B environment, as the world’s largest chemical company, can help startups open doors, gain customers, and quickly validate assumptions.

The article has been translated from German to English by Resycure. 

Source: VC Magazin

Full access to the content (only in German): https://t.co/cfNqBiriB9  

Revolutionizing the Circular Economy and Combating Plastic Waste 

Leave a Comment / Article / By / 12/06/2023

Plastic waste is an ever-growing concern worldwide, with its detrimental impact on the environment and ecosystems. To address this pressing issue, Resycure is dedicated to accelerating the world’s transition to a circular economy while actively reducing plastic waste on a global scale. Resycure introduces a groundbreaking business model that facilitates long-term supply agreements for post-consumer recycled (PCR) plastics, benefiting Brand Owners, Converters, and Manufacturers in the food, cosmetic, and household cleaning sectors. 

Enabling sustainable solutions 

The core mission of Resycure is to help businesses comply with PCR content and CO2e footprint objectives while promoting the growth of recycled plastic resins, PP, PET, HDPE, and LDPE globally. By offering long-term supply agreements for PCR plastics at favorable terms and without large commitments or risks, Resycure empowers Brand Owners, Converters, and Manufacturers to secure the necessary resources for their operations. This innovative approach supports their sustainability goals while simultaneously addressing the growing problem of plastic pollution. 

Enhancing capabilities of Recyclers 

Resycure also plays a vital role in strengthening the capabilities of Recyclers. By enabling them to obtain greater volumes of recycled plastic materials and providing direct access to large Brand Owners, Converters, and Manufacturers, Resycure eliminates future supply uncertainty of recycled plastic material and helps attract more business for recycling companies. With increased demand and significant volumes, Recyclers can invest in advanced technologies, enhance quality standards, and expand their production capacity. Resycure further facilitates this growth by connecting Recyclers with technology providers and offering advantageous financing options, ensuring they can meet the needs of their clients effectively. 

Benefits for Brand Owners, Converters, and Manufacturers 

Resycure offers an array of advantages for Brand Owners, Converters, and Manufacturers seeking sustainable solutions. These benefits include long-term contracts with Recyclers, negotiations that leverage large volumes to secure favorable terms, transparent pricing, additional cost avoidance, reduced pay risk, and qualified and harmonized specifications. Furthermore, Resycure provides comprehensive support throughout the buying process, ensuring replicability across regions and access to GHG Emissions and Sustainability data. By leveraging these benefits, businesses can meet their PCR plastic packaging content and CO2e footprint goals while contributing to a circular economy. 

Empowering Brand Owners, Converters, Manufactures, and Recyclers 

Resycure’s platform caters to the unique needs of Recyclers, enabling them to thrive in the recycling industry. The long-term contracts offered by Resycure, along with transparent pricing that maintains margins, provide Recyclers with stability and financial security. Additionally, Resycure fosters strong and direct relationships between Recyclers and Brand Owners, Converters, and Manufacturers, opening doors to higher volumes of recycled materials and premium prices and clients. With qualified and harmonized specifications that reduce operational costs, as well as support throughout the selling process, Recyclers can streamline their operations and enhance their competitiveness in the market. 

Driving the transition to a circular economy and minimizing plastic waste 

Resycure is leading the charge in driving the transition to a circular economy and combatting the global issue of plastic waste. Through their innovative business model, Resycure connects stakeholders across the value chain, enabling Brand Owners, Converters, Manufacturers, and Recyclers to achieve their sustainability goals effectively. By offering long-term supply agreements, facilitating increased volumes, and connecting businesses with valuable resources and financing options, Resycure paves the way for a more sustainable future. To learn more about Resycure and explore our ongoing bundle and supply campaigns, contact us via phone or email, or visit our website and social media platforms (LinkedIn and Twitter). Together, we can build a world where plastic waste is minimized, and a circular economy thrives. 

 

Jörg von Walcke, Co-CEO of Resycure attended InterPack 2023

Leave a Comment / Events, News / By / 24/05/2023

Interpack 2023 | May 4-10, 2023 | Düsseldorf, Germany

Resycure’s impactful presence at Interpack 2023

Jörg von Walcke, the Co-CEO of Resycure, recently participated in Interpack 2023, a prestigious event held in Düsseldorf, Germany. This event served as an excellent platform for networking and provided engaging seminars and presentations on crucial topics such as sustainability, digitalization, and automation in the packaging industry. Resycure, an Impact Startup within Chemovator, BASF‘s Venture Incubator, showcased its groundbreaking business model that revolutionizes the circular economy. The event offered attendees a unique opportunity to connect with Resycure and explore the future of sustainable packaging.

Resycure’s revolutionary business model

Resycure’s innovative approach incentivizes and simplifies plastic recycling, enabling Brand Owners, Converters, and Manufacturers of all sizes to secure long-term supply agreements with Recyclers. By meeting specific volume needs and specifications under favorable conditions, Resycure minimizes risk and facilitates the adoption of sustainable practices. Resycure’s commitment to sustainability and the circular economy was highlighted by Jörg von Walcke, Co-CEO of Resycure, during his insightful presentations and discussions at Interpack 2023.

Exploring the future of sustainable packaging

At the event, attendees had the opportunity to engage with Resycure and gain valuable insights into the transformative potential of post-consumer recycled materials. Jörg von Walcke passionately discussed the benefits of sustainable packaging, emphasizing Resycure’s dedication to creating a more environmentally friendly future. The presence of Resycure at Interpack 2023 allowed industry professionals to witness firsthand the innovative solutions offered by the company and understand the crucial role it plays in advancing sustainable practices.

Collaboration with BASF

During the event, Jörg von Walcke also took the opportunity to visit the BASF stand and learn more about the company’s offerings. BASF, a renowned chemical company, provided a valuable platform for Resycure to explore potential collaborations and synergies in their shared vision for a sustainable future. This interaction further strengthened the network of industry professionals committed to driving positive change in the packaging industry.

Looking ahead

Resycure’s presence at Interpack 2023 was an unmissable opportunity for industry professionals to connect, exchange ideas, and discuss the future of sustainable packaging. Resycure’s groundbreaking business model and commitment to the circular economy have positioned Resycure as a key player in driving positive change in the industry. To stay updated on Resycure’s advancements and contributions to sustainable packaging, visit our website at www.resycure.com

Interpack 2023 provided an excellent platform for Resycure, an Impact Startup within Chemovator, to showcase our revolutionary business model that simplifies and incentivizes plastic recycling. Attendees had the opportunity to connect with Resycure and gain insights into the transformative potential of sustainable packaging. The event also facilitated collaboration with BASF, further strengthening the network of industry professionals dedicated to advancing sustainability. Resycure’s presence at Interpack 2023 reinforced its commitment to creating a circular economy and a more environmentally friendly future.

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Team Resycure attended Plastic Recycling Show 2023

Leave a Comment / Events, News / By / 23/08/2023

Plastic Recycling Show Europe | May 10-11, 2023 | Amsterdam, The Netherlands 

Team Resycure at PRSE 2023

Resycure is a startup originating from Chemovator – the business incubator of BASF – dedicated to reducing plastic waste on a global scale. As Resycure Team we want to express our gratitude to BASF for their tremendous support and the opportunity to join forces at PRSE 2023.

At PRSE 2023 in Amsterdam, Michel Weinketz, Co-CEO, and Harshavardhan Gowda, Head of Sales, represented our Impact Startup, Resycure. Our team had the privilege of joining BASF in an impressive booth, where we leveraged synergies to benefit our clients. We showcased how Resycure drives positive change in the circular economy industry, building a more sustainable world.

We unveiled our B2B solutions at the event.

Our Co-Ceo, Michel Weinketz, and head of sales, Harshavardhan Gowda were thrilled to showcase our B2B solutions at this premier event. The team was on hand to provide insights into our B2B Solutions for Brand Owners, Converters, Manufacturers, and Packaging Suppliers and answered the questions they had about our B2B solutions in plastic recycling.

At Resycure, our mission as an Impact Startup is to assist Brand Owners, Manufacturers, and Converters in the home care, cosmetics, personal care, and food industries. We strive to understand their specific requirements for rPP, rHDPE, and rPET. By strategically bundling similar grades and product applications, we achieve economies of scale, enabling us to deliver larger volumes to our carefully chosen recycling partners. In our commitment to building strong and lasting partnerships, we prioritize supply agreements that span two years or more. This approach provides Recyclers with the security they need to effectively manage their inventory, feedstock, and investments.

Resycure actively seeks reputable Recyclers capable of consistently delivering high-quality materials while demonstrating a forward-thinking approach to growth, investment, and environmental, social, and governance (ESG) practices. In addition, we offer valuable connections to technology partners and potential sources of financing for Recyclers who meet these criteria.

Collaborating with Resycure empowers Recyclers to enhance their profit margins by satisfying customers with reduced costs, even amidst unpredictable market conditions. Our strategic approach facilitates entry into the fragmented SME market, ensuring optimized inventory management, stability, and transparent pricing. By overcoming challenges posed by fluctuating market prices for virgin plastics, Recyclers can effectively navigate industry dynamics and establish a sustainable and prosperous business trajectory.

The highlight of the event

Plastics Recycling Show Europe 2023, held in the captivating city of Amsterdam, The Netherlands, served as an unparalleled gathering of recycling industry professionals. This distinguished event provided an exceptional platform to showcase the latest advancements, breakthrough technologies, and innovative solutions in the realm of plastics recycling. Attending professionals had the unique privilege to engage in meaningful networking, forging connections with industry peers, while gaining profound insights from esteemed experts in the field.

The event offered remarkable networking opportunities, fostering collaborations and igniting transformative discussions aimed at driving positive change and propelling the industry towards a more sustainable future. It served as a gateway to unlock unparalleled knowledge and expertise, ensuring attendees were equipped with the cutting-edge insights necessary to navigate the evolving landscape of plastics recycling.

Our engaging discussions during the event only served to reinforce our steadfast commitment towards assisting Recyclers in attaining substantial volumes, facilitating strategic investments, and fostering remarkable growth. Furthermore, we remain dedicated to empowering Brand Owners, Converters, and Manufacturers by ensuring they secure the vital PCR plastic volumes they require, characterized by exceptional quality and competitive pricing. Plastics Recycling Show Europe 2023 has further affirmed our alignment with this mission, inspiring us to continue delivering exceptional results and spearheading positive change within the industry.

Unlock the potential of our B2B Solutions – contact us TODAY!

Are you eager to explore the boundless possibilities of our B2B solutions? Take the first step towards securing your PCR materials with zero investments and minimal risk. Reach out to us now to schedule a consultation with one of our esteemed experts. Our dedicated team will guide you through the transformative process, demonstrating how our solutions can empower your business to thrive in the realm of plastics recycling.

During the consultation, our experts will delve into the intricacies of your unique requirements, tailoring a strategy that aligns seamlessly with your goals. We will unveil the extensive benefits of our innovative approach, showcasing how we can optimize your supply chain, drive down costs, and ensure a steady stream of high-quality PCR materials.

K-Fair Recap: the trends for the plastics industry

Leave a Comment / Events, News / By / 24/05/2023

K-Fair Recap | March, 2023 | Sao Paulo, Brazil

About K-Fair Recap 2023

In Sao Paulo, Brazil, BASF hosted the K-Fair Recap event at the onono (Center for Scientific and Digital Experiments), aiming to highlight the key themes discussed at the prestigious K Fair, the world’s largest plastics fair held in Germany. The event focused on actively engaging market players and gathering valuable insights into emerging trends within industries where plastics play a crucial role. With a strong emphasis on innovation, circular economy, and sustainability, BASF aimed to facilitate meaningful discussions and gather diverse perspectives on these pivotal topics.

According to the days of the Recap K-Fair program:

Day 1: Industry highlights and trends

Day 2: Challenges and opportunities in the use of recycled resins

Day 3: Post-consumer recycling in the automotive industry

The K-Fair Recap 2023 also had a dedicated space for startups. In the “Startup Arena” four solutions were presented: Trashin, B-Plast, EcoPanplas and Resycure. There was also the “challenge” space where startups got to know BASF’s circularity and recyclability challenges firsthand. 

About BASF

BASF creates chemistry for a sustainable future. BASF combines economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. BASF’s portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions.

Further information at www.basf.com

Resycure at K-Fair Recap 2023

As an Impact Startup within Chemovator, BASF’s Venture Incubator, Resycure attended K-Fair Recap 2023. We as Resycure have a groundbreaking business model that revolutionizes the circular economy. We incentivize and simplify plastic recycling, enabling Brand Owners, Converters, and Manufacturers of all sizes to secure long-term supply agreements with Recyclers while meeting their specific volume needs and specifications under favorable conditions, minimizing risk.

Michel Weinketz, our Co-Founder, took on the role of moderator for a panel discussion focused on the challenges and opportunities in the packaging recycling market in Brazil. Joining the panel were Leandro Tanaka, CEO of the Clean Plastic Group, and Mauricio Jaroski, Energy, Renewables & Recycling Unit Manager from MaxiQuim.

This collaborative initiative aimed to foster connections and facilitate dialogue among various stakeholders, including different business areas, customers, startups, and partners within the innovation ecosystem. By bringing these diverse perspectives together, the event aimed to explore sustainable growth opportunities across the entire plastic production chain.

Resycure at Plastic Recycling Show Europe 2023

Leave a Comment / Events / By / 16/05/2023

Plastic Recycling Show Europe | May 10-11, 2023 | Amsterdam, The Netherlands 

                                                                                                                              About PRSE 2023 

Plastics Recycling Show Europe 2023 is a premier event that brings together professionals in the recycling industry to showcase the latest technologies, solutions, and innovations in plastics recycling. The event offers networking opportunities and insights from experts in the field, all aimed at driving positive change towards a more sustainable future for the industry. 

Meet Resycure Team at the event 

We are excited to meet you at the upcoming event, Plastics Recycling Show Europe 2023. As Resycure we are thrilled to showcase our B2B solutions at this premier event. Join us to discover how Resycure is driving positive change in the industry of circular economy to build a more sustainable world. Our dedicated Resycure team, our Co-CEO Michel Weinketz, and Sales Lead, Harshavardhan Gowda will be on hand to provide insights into our B2B Solutions for Brand Owners, Converters, and Packaging Suppliers and answer any questions you may have about our B2B solutions. We will be there to help, advise and provide solutions to your PCR plastic application needs. 

Do not miss out on this unique chance to connect with Resycure and learn about our B2B solutions in plastics recycling. Register now for the Plastics Recycling Show Europe 2023 and join us in shaping a sustainable future for our industry. 

Learn more about the event at www.prseventeurope.com 

Schedule a consultation with us

Are you interested in learning more about our B2B solutions? Please complete the contact form and one of our experts will contact you to confirm arrangements. 

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Matching supply with demand for recycled plastic needs

Leave a Comment / Article, Brands / By / 31/10/2023

Brand Owners are being pressured by legislation and taxes to decrease plastic waste by designing packaging for recycling and using as little virgin plastic as feasible. This reduction in waste is achieved by reducing the weight of the packaging, incorporating post-consumer recycled plastic, and designing product packaging for enhanced circularity.

To accomplish their 2025 goals, however,
 more than 60 of the most influential Brand Owners are anticipated to still require an additional 6 million tonnes of recycled plastic annually. Using recycled plastic in packaging can be more expensive and difficult than using virgin plastic – aspects such as regulatory requirements, processing characteristics, and material quality for different product types and components are often top of mind of Brand Owners and Packaging Converters.

Securing the future supply of quality PCR plastic

The quality aspect of this challenge is found in the long and complex qualification process Brand Owners face to identify, test, approve, and control recycled material quality. Brand Owners and Recyclers are building new knowledge of which recycled material grades can be used for each brand product without risk to product performance or safety, but it is challenging to release material at a production batch level as well as for brands to commit commercially to long-term volumes.

Many Recyclers are eager to invest in securing feedstock, new technology, and processes and expanding capacity, however, they will not do so without securing long-term demand. Most brands are not in a position to offer this security alone, either because they do not have enough volume in a particular region, or because it is too much of a financial risk without long-term assurance of quality and without flexibility regarding future volumes.

Resycure, a startup from Chemovator, the BASF venture incubator, aims to solve this challenge with a platform to improve the economics of recycling and facilitate matching plastic quality demanded by Brands Owners to long-term supply by Recyclers globally – it is not another spot market but instead a platform for securing long-term contracts.

The venture is working towards becoming the biggest marketplace for matching brand quality requirements to recycler material globally. To increase volume, Resycure bundles demand across brands for similar product needs and works with Recyclers to offer the right quality as well as more transparent and stable prices. Brand Owners can commit to forecasted resin demand with more flexibility and secure enough PCR plastic to meet their needs, at a fair price.

Improving the amount of material recycled into new packaging

Total PCR demand from brands is growing annually as more recycled content is implemented per product and as regional taxes close the cost gap between virgin and recycled material. Brand Owners, Converters, and Recyclers have achieved much progress in PCR use in cosmetics and home care, however, aligning processes, acceptable quality, commercial conditions, and risk must improve to better match possible supply to needed demand. For example, most Brand Owners’ demand for polyolefins is for natural and white recycled material, which is only a small percent of the color available, so more needs to be done to help match possibilities with other colors.

The first Brand Owners and Recyclers piloting Resycure are currently focused in the Americas and Europe, where traceability of material and certification are very important. Resycure is also working to help Recyclers secure investments in better technology to meet the high-level requirements of the cosmetic industry for rPP and rHDPE – for both better machinery, new processes (i.e. hot wash), and chemistry (i.e.) additives for odor.

Resycure’s goal is to strongly improve recycling rates globally, and to do this, our Co-founder, Michel Weinketz believes that we need to think and procure differently than today to solve the economics of recycling and make a difference in the circular economy – and building an ecosystem is a big part of it. Our co-founder Jörg von Walcke also sees the opportunity for Recyclers to harmonize their PCR material grades to match the specific packaging component and product needs.

About the author: Robert Hughes, Packaging Lead at Resycure

He is a packaging expert with over 10 years of experience developing Food & Personal Care products for large and small brands, optimizing packaging for sustainability, design, and value. Previously located in the UK, Sweden, and the Netherlands, he is currently in Germany and enjoying working with global teams.