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Process Technology Technology

BASF and Security Matters link up to develop plastics traceability initiative

“By providing transparency of product lifecycles, we can create an entire technology-driven ecosystem that promotes circularity and sustainability for plastics.”

German chemical giant BASF and Australian digital technology specialist Security Matters have teamed up to develop solutions to trace plastics throughout its lifetime (from production to distribution and circularity).

Security Matters will offer its track and trace solution, which is capable of marking physical objects with an unalterable chemical-based barcode, while also linking them to a digital twin.

The barcode, which endures manufacturing and recycling processes, gathers information that could prove useful in plastic loop closure.

Security Matters (@secmattersltd) founder and CEO Haggai Alon said: “This collaboration is the first step in demonstrating how our technology can be used in a circular application.

“By providing transparency of product lifecycles, we can create an entire technology-driven ecosystem that promotes circularity and sustainability for plastics.”

BASF (@BASF) will contribute its experience in plastic additives, regulatory know-how, and understanding of the plastics value chain.

In addition to this, the two sides will combine their research and development capabilities and required resources.

BASF SE Europe Performance Chemicals senior vice-president Achim Sties said: “It is essential to progress towards a circular economy approach that closes the loop on end-of-life resources and allows us to recover and recycle plastics as efficiently as possible.

“We are jointly developing this game-changing technology that could capture information of the polymer and how the plastic moves through the entire production and distribution process. We will be able to devise an appropriate additive package for our customers and other players in the value chain using recycled material to capture more material value and increase resource productivity.”


If you were interested in this bioeconomy story, you may also be interested in the stories below.

Read: BASF launches biodegradable chelating agent based on renewable resources.

Read: 5 Minutes With… Christian Krueger from BASF.

Read: At the HELM of the bio-based chemical ship.

Read: Chinese chemical firm invests €5.5m in Danish biotech start-up to develop new biochemicals.

Read: Leaders interview: Frederik Feddes, Vice President, Biochemicals, Corbion.

Read: Could a PhD student have the breakthrough technology to reduce the price of biochemicals?

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