Finboot partners with plastic waste processing firm

Don Thomson, founder and chairman of CRDC.

Tech firm Finboot has teamed up with CRDC Global, a fast-growing company that converts any type of plastic waste into a construction aggregate called RESIN8.

RESIN8, designed by and for the construction industry, is unique in that it can be used in structural and non-structural concrete applications. For example, including up to 10% RESIN8 in dry-mix concrete applications maintains its ASTM standard strength while providing better insulation and lighter weight. In non-structural concrete applications RESIN8 in larger quantities can reduce weight and significantly improve insulation. RESIN8 is suitable for numerous applications including concrete blocks, pavers, grouts, mortars and even hot-mix asphalt. 

In this new collaboration, Finboot will use its blockchain technology to help CRDC Global ensure its RESIN8 production processes are even more transparent, efficient, and sustainable.  

Juan Miguel Perez, Finboot CEO and co-founder, said: “We are really excited to be working with CRDC Global. CRDC’s value proposition REAP – Recover, Enrich, Appreciate, Prosper – is very much aligned to Finboot’s. There are huge synergies between our platform based in blockchain and CRDC’s mission, which is to create value from the world’s plastic waste. This is inspiring – they are helping solve an environmental problem by adding value to another industry. Blockchain is the killer app when it comes to traceability and transparency. We are now in the process of supply chain mapping.”

Don Thomson, founder and chairman of CRDC, said: “Right from the beginning of CRDC’s journey, transparency and accountability have been key. We are committed to continuous improvement and to prove to the world that we can be the truly circular solution to end the global plastic waste crisis once and for all. For us to achieve this, we must be fully transparent and we’re grateful for the blockchain technology that Finboot provides that we believe will allow us to do this. I am excited about this new collaboration with Finboot, our shared future is bright.”

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