Cardano Reuse Plastic India Program
Problem
To convert plastic wastes for reuse, improve sustainability, reduce CO2 emissions & trade Carbon Credit on the Cardano Ecosystem.
Solution
To convert plastic wastes, improve sustainability, reduce CO2 emissions, and trade Carbon Credit on the Cardano Ecosystem.
Total to date
This is the total amount allocated to Cardano Reuse Plastic India Program.
[IMPACT]
Vision: Our vision is primary recycling and developing a circular economy to replace the current linear economy of the disposal of plastic waste. In a circular economy, products and materials are being re-used, refurbished, or recycled according to the waste hierarchy, instead of being incinerated or disposed of in landfills. In this process, we will be generating Carbon Credit for negating the plastic that would have made its way into landfills. This proposal will negate 5 tons of CO2 emissions to 1 ton of plastic waste recycled.
The generated carbon credit can be traded on the Cardano Ecosystem using NFTs. Our process is able to negate the CO2 emission at a grassroots level. This being an environmental project can position Cardano as an environmental focused ecosystem.
The Process:
Our focus is on the Primary recycling process or closed-loop recycling. The material can be recycled to form products with the same properties as the previous product, hence the plastic polymer remains in the same ‘loop’. Primary recycling takes place for pre-and post-consumer (mono-stream) plastics.
Our Primary recycling process aim is to set up a plastic waste conversion facility wherein the plastic waste is converted into a polymer and mixed with various by-products such as Slag Sand and Fly Ash from the Steel and Power industry to produce sustainable building material.
The Delivery:
The above process will convert plastic waste into a polymer as a binder to substitute cement and reclaimed sand/ash from the Steel and Power industry in the manufacturing of Paver Block.
The Location:
Our plan is to locate the project in Tamil Nadu as this is the second-largest plastic waste generator in India. Once the teething problems are addressed we plan to replicate these processing centers in other states in India and in the neighboring countries.
The Outcome:
We plan to process 2 tons of Plastic waste a day, this has a positive impact on the environment and will be negating 10 Tons of CO2 emissions a day.
For a month we will negate 260 Tons of CO2 emissions, and for the year negate 3,120 tons of CO2 emissions.
This would translate to 3120 tons of Carbon Credits which can then be traded on the Cardano Ecosystem using NFTs.
The KPI of our project is in direct alignment with the two challenges Growing India Grows Cardano and the Miscellaneous fund for the reason stated below.
We are integrating Cardano into one of the grassroots issues of India today of plastic disposal. Would this not be the wonderful stepping stone for Cardano to enter India by helping address a major environmental issue faced in India, thereby building awareness about the Cardano ecosystem and tokenizing this gesture by trading Carbon credits on the Cardano ecosystem
One of the biggest challenges is that this project requires a large amount of funds for the purchase of equipment. We have decided to invest in stages to mitigate the risks.
Stage One - Fund 8: We would undertake in-depth research on the availability of the required raw material that is Plastic waste and slag sand and fly ash are available in proximity throughout the year. Based on our findings, locate the processing center in the area.
To mitigate this, we propose to first build a prototype of the paving block and then subject it to a series of tests. On meeting the required approval only, then would we go ahead with the second phase which is the investment into the machinery and building which is capital intensive.
We are confident that based on our performance in stage 1, we can participate in Fund 9 and take the project forward and start to generate carbon credit by negating the CO2 emissions thereby generating CNFTs.
[FEASIBILITY]
Stage 1:
Establish the raw material supply chain and negate 3000 Tons of CO2 a year by manufacturing Paver blocks made with Plastic waste.
Roadmap
Week 1 to 4
a. Establish the Supply and Cost of Raw Material.
b. Located a Premisses for the Process Centre.
c. Establish and test the raw material mix ratio
d. Establish the production capacity of the Process center.
e. Design the process flow based on the capacity and locate suppliers for the manufacturing process.
f. Design and Prepare the Cad drawings for the prototype of the different paver blocks
Week 5 to 8
a. Build the prototype of the paver block that can be used for testing and marketing activities
b. Test the prototype
c. On the successful test reports prepare the marketing docket.
d. Prepare the cad drawings for manufacturing the mold for the paver block
e. Based on production capacity and process flow, establish the number of molds required to meet the daily production target.
f. Release the Advance for the manufacture of Moulds.
g. Finalise Capex for Plant and Machinery.
h. Release The advance for manufacture of the equipment.
Week 9 to 12
a. Marketing activity to secure LOI for that planned production.
b. Finalise Process centre layout.
c. Funding activity for Plant and machinery – Fund 9
Week 1 to 4
1: Establish the Supply and Cost of Raw Material.
( Travel expenses to meet different waste processing centers in Tami Nadu)
2: Located a Premisses for the Process Centre.
(Travel expenses to meet Real estate agents ) $ 1,500.00
3: Establish and Test the raw material mix ratio
( Third-party analysis and Testing ) $ 500.00
4: Design the process flow based on the capacity and
locate suppliers for the manufacturing process.
( Site visit and Cad Drawings )
4.1: Design and Prepare the Cad drawings for the prototype
of the different paver blocks.
( Third-party Cad Drawings ) $ 500.00
Week 5 to 8
1: Build the prototype of the paver block that can be
used for testing and marketing activities
( Third-party) $ 3,000.00
1.1: Test the prototype for standard Norms
(Third-party analysis and Testing ) $ 2,800.00
2: On the successful test reports prepare the
marketing docket.
( Third-party Designer and Printer ) $ 500.00
3: Prepare the cad drawings for manufacturing the mold.
( Third-party Cad Drawings ) $ 1,500.00
4: Release the Advance for the manufacture of Molds.
(Third-party Mould manufacture $ 10,000.00
5 Release The advance for manufacture of the equipment.
( Third-party equipment suppliers ) $ 5,000.00
Week 9 to 12
1:Marketing activity to secure LOI for that planned production.
( Travel expenses to meet different Buyers) $ 1,500.00
2: Sundry Expenses $ 1,200.00
Total $ 28,,000.00
Prem Philip - Former Vice President of Projects of an Infrastructure company. Has designed, built, and fitted out 3 million square feet of Information Technology offices using innovative materials. Also working on algae to offer clean water and air. Developed units to treat waste and raw using electrocoagulation. Developed a process to improve fuel efficiency in solid fuel Thermal Boilers by improving the air management using a retrofitted air box. A Consultant helping clients with the boiler and n building Combustion chambers and Boilers to burn waste plastic and generate steam.
Manoharan - 40 years’ experience in plastic extrusion and has executed a number of Plastic waste projects.
Carl Henry - 43 Year career as a serial entrepreneur and turnaround consultant. 20+ years building business websites using PHP, CSS, HTML, multimedia, AI, Running teams of up to 50 developers.
Linkedin: https://www.linkedin.com/in/carlhenry/
[AUDITABILITY]
KPI - Specific 3 Month Target
1st Month
- Signing a letter of Intent for the Supply of Plastic Waste.
- Signing a letter of Intent for the Supply of Slag Sand/ Fly Ash.
- Raw material analysis report.
- CAD Drawing of Process Flow
- CAD Drawings for the Prototype Paver Block.
2nd Month
- Prototype of the Paver built and ready for testing
- A positive Test report of the Prototype paver block
- CAD drawings of Paver block mold
- Production Target confirmed as per test repost – Excel working Audited
- Release Purchase order for Molds
3rd Month
- Securing Letter of Intents from interested parties for the purchase of Paving Blocks
The success of the Project is:
Securing Plastic waste supplies for 260 tons per year so that CO2 emission negation 3120 Tons per year can be achieved once we are in production, that be traded on the Cardano Ecosystem using NFTs.
It is a new project
SDG Rating
This being a CO2 emission negating project will impact all of the United Nations Sustainable Development Goals SDG.
1 No Poverty
3 health and Well Being
5 Gender Equality
6 Clean Water & Sanitation
8 Decent work and economic growth
9 Industrial Growth and Infrastructure
12 Responsible Consumption and Production
13 climate Action
15 Life on Land
17 Partnership and Goals
Team
Prem has 20 years of hands-on experience in designing, building, and fitting out 3 million Sqft of office space.
Manoharan: 40 years of experience in plastic extrusion.
Carl Henry - 43 Year career as a serial entrepreneur and turnaround consultant
