99Plas – A Plastics Trading Platform
99Plas is aiming to ensure plastics recycling business practitioners operate their business easily and with safety.
The UK has reported having exported 791,000 tonnes of recycled plastic waste in 2016. With recent China 'Waste Import Ban' makes it critical to seek new export markets for the UK. However, Plastic waste industry players are facing major barriers including poor communication and transparency in the Recycled Plastics market. The existing trading structure is to be found lacking to direct the appropriate suppliers to the right buyers and offering limited trading services, which has eventuate market barriers.
Following extensive consultation with leading industry stakeholders, and to address the UK's urgent market need, 99P Recycling seeks to develop the first breakthrough in business-to-business (B2B) online trading platform to enable practitioners within the Plastic recycling industry to communicate efficiently whilst maximising profit margins.
The truly innovative platform 99Plas, will overcome current limitations by employing novel algorithms and utilising machine learning and big data analysis to provide a product recommendation system to passively find suppliers and buyers who are best suited, and a dynamic pricing system to ensure suppliers are aware of the true market value of their plastics waste. In addition, 99Plas is offering enhanced communication and confidence within the plastics recycling supply chain, we believe the solution also has a wider potential to be deployed in other recycling sectors including the waste paper industry.
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99 Plas Journey
Offering enhanced communication and confidence within the plastic recycling supply chain.