Henkel Adhesive Technologies recently announced that CRDC Global Limited is the winner of the Seal the Cycle initiative. With this international open innovation call in collaboration with Chile Global Ventures, the venture capital arm of Fundación Chile, the partners aimed to find technology solutions enabling the recycling or reusing of the millions of silicone cartridges for adhesives and sealants applications marketed around the globe annually.
Following a four-month application process, Henkel and Chile Global Ventures selected six companies from a total of 27 submissions to present their solutions in a Pitch Day. Finally, a jury of senior executives from Henkel awarded CRDC. Founded in 2018, CRDC’s mission is to create value from the world’s plastic waste by converting it into RESIN8™, an eco-aggregate that improves concrete. The presented technology has the potential to address the challenge of recycling millions of utilized silicone cartridges.