Page 37 - Plastics News September 2022

BUSINESS NEWS

OQ Polymer Lab Meets Global Testing Standards Uk Firm Brings Ai To

Recyclables Trading

rueCircle has launched an on-
Tline platform for recyclables
trading that it claims streamlines
the end-to-end trading process, a
process that today is performed
completely offline and is both la-
bour and time intensive.
ocusing on testing and calibra-  Univation PEG 504: Evaluation of The trading platform – called
Ftion laboratories, ISO 17025 PE resin purity TrueCircle Trade – offers a series of
enables organisations to demonstrate Gilles Rochas, Managing Director – OQ features tailored to the needs of the
and certify that they can competently Polymer Marketing, commented: “This waste industry including computer
operate testing systems and gener- reassures customers of the reliability of vision quality data, real-time auc-
ate valid results, thereby promoting OQ’s quality control. ISO 17025 was tion functionality, automated docu-
confidence in their products both developed by laboratory experts from mentation checks, as well as embed-
nationally and around the world. all over the world together with key in- ded financing and transportation.
Furthermore, the certification ena- dustry bodies such as the International “Recycling facilities across Europe
bles cooperation between laborato- Laboratory Accreditation Cooperation. have for decades been held back
ries and other entities by generat- By adhering to these globally recognised by offline and manual trading pro-
ing alignment and more efficient standards, our customers can be confi- cesses, which have led to foregone
acceptance of results across the globe. dent in our existing product quality as revenue and excessively high admin
costs,” said Rishi Stocker, chief ex-
For OQ, this certification represents well as the research that underpins our ecutive of UK-based TrueCircle.
an important milestone. As the com- product development.” “TrueCircle Trade dramatically
pany continues to grow, being cer- Khalid Al Asmi, Vice President – OQ transforms that material trading
tified to these globally recognised Downstream Technical Services, com- process and brings it into the 21st
standards will help to unlock com- mented: “We take ISO certifications century. Lack of trust in material
mercial opportunities in the future. incredibly seriously, and spent three quality has always stood in the way
Specifically, OQ achieved accreditation years putting in tremendous effort and of new trading relationships. We’re
across seven main parameters, covering resources to secure ISO 17025 for our delighted to be solving that prob-
key processes measuring properties relat- Polymer Lab. Our two refinery labs, lem by putting our TrueCircle AI
powered quality data at the heart of
ing to PP and PE, such as polymer oxidi- MAF and Sohar, also have this accredi- transactions.”
sation, film quality, and identification of tation.
contaminants. The seven parameters are: “On top of this, OQ has key ISO certifi- TrueCircle Trade has 150 verified
buyers and sellers on board, with an
 ASTM D1238: Melt flow rate cations in quality management, environ- annual purchasing capacity of 7.9
mental management and occupational
 ASTM D1895: Density measure- health and safety, demonstrating our million tonnes, and they are able
ment commitment to meeting international to communicate directly with each
 ASTM D5492: PP crystallinity de- standards in everything we do.” other on the platform using a com-
pliant integrated chat feature.
termination This latest certification breakthrough Buyers’ documentation is available
 ASTM D6247: XRF analysis for marks another chapter in OQ’s ongoing to the seller before they accept a bid,
additive concentration growth story. Since 2020, the company saving time on admin and compli-

 ASTM D6290: Yellowness index has grown its client base tenfold from ance work, claims TrueCircle, with
evaluation 300 to 3,000, while the volume of prod- a central audit trail of all the re-
ucts shipped had jumped from 900 con- quired documentation related to a
 Novolen N07: Evaluation of PP tainers per month to 4,000 – all during transaction.
film purity a well-documented shipping crisis.

36 PLASTICS NEWS September 2022 37 PLASTICS NEWS September 2022