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BASF has signed a joint development agreement with Security Matters to develop plastics tracking solutions.
\nPlastics have unique characteristics and – if handled properly – can contribute to a more sustainable and resource-efficient future. However, recycled plastic loses its mechanical properties due to the decomposition of the polymer and residual impurities.<\/p>\n
Digital twin<\/p>\n
The partnership between BASF and Security Matters is believed to be the answer to this question. Security Matters will introduce its technology to provide physical and digital tracking of closed-loop processing. Its tracking and tracing solution marks physical objects with a unique and immutable chemical-based bar code and connects them to a digital counterpart.<\/p>\n
The barcode withstands production and processing without altering the appearance or performance of the object.
\nUsing patented technology, the barcode captures a wide range of information embedded in plastic, and can be used to validate sustainability claims and significantly improve sorting accuracy.<\/p>\n
In addition, the collaboration uses BASF’s extensive experience in plastic additives, regulatory know-how and understanding of the value chain for plastics. The two companies will also combine their research and development capabilities and the necessary resources under the agreement.<\/p>","protected":false},"excerpt":{"rendered":"
BASF has signed a joint development agreement with Security Matters to develop plastics tracking solutions. Plastics have unique characteristics and – if handled properly – can contribute to a more sustainable and resource-efficient future. However, recycled plastic loses its mechanical properties due to the decomposition of the polymer and residual impurities. Digital twin The partnership […]<\/p>\n