Teijin and Fujitsu to develop blockchain-based platform of recycled materials

Teijin Limited and Fujitsu Limited have launched a joint project to realize a blockchain-based commercial platform for enhancing the environmental value of recycled materials for manufacturers.

The collaboration will promote environmentally conscious design by leveraging Teijin's Life Cycle Assessment (LCA) Calculation Method for measuring the environmental impact of manufacturing processes across the value chain, as well as Fujitsu's blockchain technology to collect and track primary data on environmental impact (including GHG emissions) to deliver reliable, transparent traceability.

The new platform will promote the use of recycled materials and environmentally friendly designs by providing manufacturers who design products from recycled materials with accurate information about their environmental footprint, including proof of origin of recycled materials and data on GHG emissions.

Teijin has established a method for calculating greenhouse gas (GHG) emissions from carbon fiber and aramid fiber manufacturing processes and is also promoting initiatives related to FRP recycling.

Image of platform for enhancing the environmental value of recycled materials.

Fujitsu has a strong track record in building systems using blockchain technologies that ensure high transparency and traceability and makes it virtually impossible to falsify information.

Features of the new platform include:

• The new platform will improve the reliability and the environmental value of recycled materials by leveraging Fujitsu's blockchain technology to collect and trace primary data on environmental impact (including GHG emissions) across the value-chain

• The new platform will promote the use of recycled materials and environmentally friendly designs by providing manufacturers who design products from recycled materials with environmental impact information, including proof of origin of recycled materials and highly reliable GHG emissions

As a first step in their collaboration, Teijin and Fujitsu will start full-scale trials with the aim of realizing business in the FRP field within fiscal 2022. Based on the results of these trials, the two companies will consider expanding the scope of the project for other types of materials.

Moving forward, Teijin and Fujitsu will continue to contribute to the materials industry as a starting point for the realization of a "circular economy" and will promote environmentally conscious design in society by promoting the use of reliable recycled materials.

The two parties will further promote discussions and field trials with partner companies and organizations that support this initiative to contribute to the realization of carbon neutrality on a corporate and global level.