Plastic products have many uses and have become indispensable for everyday life. But when they reach the end of their service life, they often end up in the incinerator. Conserving valuable resources and protecting the environment requires a sustainable plastics industry. The Cologne-based plastics specialist igus is pursuing this conservation goal with its "Chainge" recycling platform. The company has now invested in cirplus, a start-up based in Hamburg. The companies have a joint vision of closing the plastics cycle and initiating a revolution in the trade of recycled materials from technical and standard thermoplastics.
The igus "Chainge" program has proven that circular economy can be easily achieved, it just needs new recyclate material options. From as early as 2019, igus recognised this requirement and has been enabling customers to have disused energy chains recycled, regardless of manufacturer. In October 2022, the "Chainge" online platform was created to provide easy digital access to recycling. The marketplace can now be used to add technical plastics to the circular economy that were previously not able to be accepted. It also enables processing companies to purchase recycled plastics with guaranteed quality standards. This change makes it easier to achieve announced recycling quotas. To further advance the digital circular economy, igus has now invested in a circular start-up, cirplus.