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The Circulars, an initiative of the World Economic Forum and Forum of Young Global Leaders, is the world’s premier circular economy award program. It is held annually, in January at the World Economic Forum Annual Meeting in Davos, and run in collaboration with Accenture. The Awards engage individuals and organisations from across business and civil society across 7 award categories, ranging from multinationals to entrepreneurs, with winners receiving the opportunity to attend the ceremony in Davos. Circle Economy is a supporter of this year's Circulars Awards and very proud Black Bear and CRS Holland are nominated!
The Dell Circular Economy People’s Choice Award is for early-stage innovators and entrepreneurs at the forefront of the circular economy, demonstrating innovation and market disruption. The winner and runners up for this award are chosen by public vote which opens on the 24th October till the 11th November. Please make sure to vote for Black Bear or CRS Holland now!
Black Bear brings the circular economy to tires and has developed innovative technology to extract high quality carbon black from waste tires, allowing for industries to move away from the ‘polluting’ carbon black that is currently produced from crude oil. Carbon black is used in tires and rubber, and as pigment in coatings, plastics and inks.
Black Bear’s circular solution, which tackles the issues posed by the 1 billion end of life tries produced globally each year, has the potential to unlock a huge environmental impact. Each ton of carbon black produced by Black Bear saves 2.5 tons of oil and 5 tons of CO2. For each installation, that’s more CO2 than 1 million trees can consume. Moreover, there are enough waste tires to build over 800 installations!
Black Bear has formed over 30 customer relationships, including ones with tire giants such as Michelin and GoodYear and paint companies such as AkzoNobel. These companies have tested the Black Bear product with good results and are incorporating it in their production processes.
In summary, Black Bear is solving the issue of waste tires and at the same time reducing oil consumption through their circular innovative solution for carbon black users.
CRS Holland has developed a circular economy solution to a unique environmental and economic challenge hidden under the sea.
Since 1850, an estimated 1.7 million km of cables have been installed underneath our sea, cables which are made of nearly 800.000 metric tons of metals and 800.000 metric tons of plastics, and can be worth several billion USD. Many of these cables have gone out of service and still 94% of unused cables are lying on the seabed together with 72.000 repeaters, some of which contain traces of radioactive materials. Recovering and recycling these unused cables could save over 4 million metric tons of CO2 emissions.
CRS Holland is committed to cleaning up the oceans and to recovering this value and provide Telecom companies with deep sea cable recovery services, giving them an opportunity to turn their retired cables from liability into an asset by selling the recovered materials.
To date, CRS Holland have completed 8 projects and recovered 30,000km of cable from under the sea.
[cta link="https://thecirculars.org/peoples-choice-entrepreneur-award" ]Vote Now![/cta]
