Plastic Waste

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Plastic Waste

Not all waste is waste, plastic waste can be an important restock material, but it needs to be managed carefully for it to retain its value.

When bottles are collected for recycling any non-refillable containers are taken to a processing facility for washing and shredding to make new bottles, but the materials must meet regulations for quality and hygiene in order to be used as new drink containers. So, if the plastic has been contaminated by other waste materials or is mixed in with a wide variety of other plastics it makes the material less valuable. If can’t be recycled into drinks bottles it has to be downcycled into less pure, weaker forms of plastics such as fleeces, carpets or flower pots or incinerated.

Although recycling plastics uses only about 25% of the power needed to create it from petrochemicals in the first place the problem of complex sorting processes remain. Reward4Waste will create a reliable clean source of single-use plastic bottles, a pure waste stream, that can then be cleaned and shredded and made into new bottles; a closed loop of recycling.

How many plastic bottles does the world produce in a minute?

Currently the world produces 20,000 plastic bottles every second, that’s 1.2 million a minute and less than 40% are recycled. CryptoCycle™ care about the environment, especially the UK’s contribution to the ever-growing global problem of single use plastic which is polluting our seas and affecting our wildlife. Deposit Return Schemes (DRS) have proven to be a successful incentive for people to recycle plastic in other countries across the world, reducing the carbon footprint of the country and increasing the cleanliness of the local environment. Reward4Waste is set to improve this further by rewarding the consumer and making the whole process of recycling easier and more efficient.

Only 9% of plastic is currently recycled

A 2017 report by the BBC stated that of the 8.3 billion tonnes of plastic that is produced worldwide, only 9% is recycled and 12% incinerated. The remaining 79% is accumulated into landfills, our environment and the oceans. That’s over 6.5 billion tonnes of plastic going to waste every year.

Un-recycled plastic bottles take approximately 450 years to biodegrade and are accountable for a great deal of this waste, as of the 13 billion plastic bottles used each year in the UK alone, only 7.7 billion (59%) are collected for recycling.

How does this affect our environment?

In 2006 Greenpeace reported that of the 260 million tons of plastic that was produced in the world every year, approximately 10 percent ends up in the seas and oceans, (Plastic Debris in the World’s Oceans, 2006). This report is now 13 years old and the problem of plastic pollution has only increased since this report was published, the level of the problem is much greater, as is the awareness following David Attenborough’s appeal on the BCC’s Blue Planet II series.

Plastic pollution is damaging to wildlife both on land and in oceans and is affecting the ecosystem at an incredible rate. Looking at just the oceans, plastic pollution is now making its way into the food chain through many sea birds, fish and mammals ingesting the waste. It’s even making its way into our own diets with a third of UK-caught fish being found to have plastic in them.

How can Reward4Waste help?

CryptoCycle™ has created a new DRS system, Reward4Waste, to help tackle the problem of single use plastics starting with plastic bottles. The system was designed to not only improve recycling rates of plastic bottles by rewarding the consumer and making recycling bottles easier and more convenient, it also provides a clean waste stream for manufactures to make new bottles, eliminates the costly fraudulent market and reduces the costs of current DRS and RVMs. The transparent and non-corruptible blockchain technology behind the scheme gathers data from each individual bottle for an insight into consumers’ recycling behaviour and the entire lifecycle of a single use drinks bottle.

By gathering accurate and transparent information on how many bottles are recycled, by whom, where and when governments and the beverage, packaging and waste industry will be able to understand the level of the problem and determine measures to continually improve recycling rates.

Reward4Waste aims to;

  • Increase the number of plastic bottles that are being recycled in the UK, tackling the 41% that are either litter or landfill, head on
  • Encourage more people to recycle by making the process easier, more convenient and rewarding
  • Provide a clean waste stream for improved recycling rates
  • Make it easier to recycle your plastic bottles on-the-go by placing smarter reverse vending machines in convenient locations that will only accept plastic bottles.
  • Help government and industry understand the levels recycling rates with clear, accurate facts
  • Utilise existing the existing waste collection infrastructure to enable councils to collect more valuable clean plastic waste

Have a question about Reward4Waste? You can visit our FAQs page or contact our friendly team at hello@cryptocycle.co.uk