Klean Industries Partners with Kodexe to Build the KleanLoop Blockchain MVP

Klean Industries Partners with Kodexe to Build the KleanLoop Blockchain MVP

Renewable energy, resource recovery and recycling firm Klean Industries announced on August 11 that it has partnered with digital solutions Kodexe to work on a blockchain platform for waste recycling and resource recovery.

The KleanLoop DApp Blockchain SAS platform will be used to tokenize all waste and recyclables for the global marketplace. Under the terms of the partnership Kodexe has become a key shareholder of Klean Industries who has developed the initial concepts for the Patent Pending KleanLoop process.

The firms claim that their partnership is set to take blockchain technology to new heights. The Minimum Viable Product (MVP), which is being developed by the Kodexe’s subsidiary, TdMbA International, is already well underway and the second prototype was completed for beta testing in the second quarter of 2022.

“With an increasingly regulated industry, data is the only way we can solve the global waste crisis. The industry needs true and accurate data that we can rely on. It’s critically important that industry becomes more compliant and sustainable, and the KleanLoop is the system we need that provides transparency throughout the entire supply chain. 

"We are confident that this innovation is the solution that can and will achieve that”, said Jesse Klinkhamer, CEO of Klean Industries Inc.

The plan is to implement the fully functioning KleanLoop with Klean Industries’ flagship facility in Boardman, Oregon which will recycle approximately 160 metric tonnes of waste tires per day. 

When completed this project will be the largest fully continuous tire pyrolysis plant in North America focused on producing high quality Recovered Carbon Black (rCB) and Recovered Fuel Oil (rFO), the partners claim.

Both tyre pyrolysis derived products will be re-integrated for reuse directly back into the Carbon Black manufacturing supply chain with one of the world’s largest Carbon Black producers. 

This project will be the first fully circular tire recycling project in North America, which will be used to set the circular standard in both the rubber and tire manufacturing industry and Carbon Black manufacturing sector, the press release stated. 

The Boardman plant will be the first tire recycling project, for that matter waste processing facility, on the Blockchain. It will feature a fully integrated track and trace program for everything it receives and produces that will cross several supply chains. From scrap tire collection to Recovered Carbon Black sales to the carbon emission offset produced by the project.

 

 

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