Norway-based plastic recycling service firm Aion, a spinoff of Norwegian krill harvest company Aker BioMarine, has signed a memorandum of understanding (MoU) with tech giant Microsoft to pursue the the scaling of the digital traceability of recycled plastic products.
Aion and Microsoft Norway will work jointly to scale Aion’s digital platform, Aion Loop, and explore how Microsoft’s cloud and artificial intelligence (AI) services can accelerate innovation and the adoption of circular products.
Aion works across industries, but has several projects in the seafood sector, including with feed giants BioMar and Skretting, as well as with the at-sea processor of Alaska pollock and Pacific hake, American Seafoods.
Current investors in Aion include London-based private equity firm Ocean 14 Capital, which took a majority stake in the company last year.
In 2020 Microsoft announced its goal to achieve zero waste for Microsoft’s direct operations, products, and packaging by 2030.
"Microsoft Norway is pleased to see Norwegian technology and companies enabling global sustainable action and we are actively focusing our efforts to empower Aion to scale the great work they are driving to have greater impact to create circular solutions at scale," said Kristine Dahl Steidel, General Manager of Microsoft Norway.
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