A new digital platform for buying and selling sustainable commodities at scale is launching with a focus on recycled plastics.
Circular, the company launching the Circular.co platform, said it will handle sourcing, vetting, matching, contracting, shipping and billing for its customers, backed by online tools, concierge service and a full guarantee. Subscribers will submit their orders and be matched with vetted buyers and sellers.
Founder and CEO Ian Arthurs, said in a statement, “There is more than enough [recyclable] material out there to meet demand, but the industry has lacked the infrastructure and economic transparency to support greater recovery and circularity.”
“Circular selected recycled plastics to start because of the scale of opportunity and challenge this industry faces,” said Aidan Madigan-Curtis, partner, Eclipse Ventures and board member of Circular, in the statement. “The plastics industry is essential to the global economy and clearly needs to evolve sustainably as fast as possible.”
For more information, see https://circular.co.
Lynne Sherwin | Managing Editor
Managing editor Lynne Sherwin handles day-to-day operations and coordinates production of Plastics Machinery & Manufacturing’s print magazine, website and social media presence, as well as Plastics Recycling and The Journal of Blow Molding. She also writes features, including the annual machinery buying survey. She has more than 30 years of experience in daily and magazine journalism.