In such platforms all of the information about a specific building component is recorded using Building Information Modeling (BIM) and material passports. These passports contain the relevant data about the material such as geometry, properties, quantities, location and ownership status. By connecting the supply and demand sides, digital platforms such as Excess Materials Exchange can create circular markets and facilitate communication and collaboration between value chain actors.
In a recent pilot with others including Schiphol, Sodexo, Philips, Tarkett, Ahrend, Aquaminerals, Rijkswaterstaat, ProRail and Heembouw, the company explored the viability of the Excess Materials Exchange as a dating site for secondary materials. The goal of the pilot was to help companies transition to the circular economy by creating a scalable market, including a market price, for secondary materials and the result was:
- A potential of € 64 million in financial value creation by finding high value new matches.
- A Carbon emission reduction equal to the emission of all citizens of Amsterdam (862,987) driving from Amsterdam to Milan.
Here is a copy of their pilot project report
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