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Idea Overview:
Feature proposal- Plastic in a circular economy
After a better review i had more time looking into the problems that Oxdyn could tackle such as the first proposal with electronics and reducing waste. The feature that i was thinking on that can be easier for the start of the company is to target plastic waste/consumption/ through a reduce/reuse/recycle option.
These are the most known and used type of plastic in commercial purposes:
Polyethylene Terephthalate (PETE or PET)
High-Density Polyethylene (HDPE)
Polyvinyl Chloride (PVC)
Low-Density Polyethylene (LDPE)
Polypropylene (PP)
Polystyrene or StyroS)
Miscellaneous plastics (includes: polycarbonate, polylactide, acrylic, acrylonitrile butadiene, styrene, fiberglass, and nylon)
From what i read recently plastic is growing and meant to double in the next 10-20 years if there are no alternatives added in place
We know the problem is at the source: plastic gets created, bought by people, selected through the different bin collection but only 20-35 % maybe get’s recycled or re-used which means there is a problem with tracking all the plastic bought, used…. And another by not having a process to reduce/reuse/recycle prom source to end user(recycle companies)
There are already recycle stations of course everywhere on the planet, so what if we promote a global rewards process by matching the people that are willing to collect plastic and get rewarded ‘’i.e price of plastic currently sits at 0.28 kg and up to 180 per kg varying between types of plastic,’’ with recycle companies or companies that are willing to add funds for this type of global problem. It could be just a simple app feature that asks you what type of recycling you want to do / what weight and based on location he can be matched with recycling stations. Oxdyn could benefit through a percentage take from each transaction.
Who might use it/where it might be used?:
All people that care about the environment and circular economy
SME's that are involved in the process of manufacturing / engineering products i. e fashion, plastic, etc.
The Market (B2B, B2C or Both):
Both
Sector the idea belongs to:
Oil and gas
Why you think there is a demand for your idea?:
Demand is not yet proven, but i have assumptions just because of reading different articles/topics around this subject
Who would be the ideal customers?:
Maybe governments trying to push this through their strategies
What ideas do you have to reach these customers?:
Social Media advertisement, Mobile App which makes it easier to use it
How far have you developed this idea?:
Nothing Developed for this idea yet
What – if any – feedback have you had for this idea so far?:
Not a lot of feedback as not presented to anyone
What supporting material – if any - would you like to add to your proposal?:
No Supporting material at this stage