PHA Bioplastics – key to pollution prevention
Full Cycle Bioplastics
June 2016
Opportunity
Plastic pollution and organic waste disposal are both significant ecological challenges, with material economic and environmental impacts. Full Cycle’s patent pending process addresses both challenges by converting organic waste, such as food waste or cardboard, into a cost competitive, compostable bioplastic called PHA.
PHA’s (polyhydroxyalkanoates) can replace or complement many petroleum plastics – in applications from bags to consumer packaging to pallets.
Execution
Full Cycle licenses its proprietary biorefinery technology to companies that aggregate or produce large volumes of organic waste, such as trash haulers or food processors. The licensee generates incremental revenue from their waste, which may otherwise be an expense. Full Cycle provides operational expertise and manages the sale of PHA or its conversion into a product the licensee can use in commercial products or within its own supply chain. These PHA products can also be reprocessed in the Full Cycle biorefinery at the end of their useful life to create virgin PHA – a true closed loop process.
Biopolymer solutions to plastic issues are in high demand. The biopolymer market is forecast to grow at 41% annually from 2015 to 2025, from $2.8B to $90B. Yet demand in a commodity driven market is price sensitive. Full Cycle is well positioned to compete for two reasons. First, the use of low to negative cost waste feedstock is a significant competitive advantage over typical manufacturers using corn, sugar or seed oil inputs – which also compete with food supply. Second, Full Cycle’s technology requires less capital and operational expense.
Full Cycle is located in Richmond, CA near the USDA’s Western Regional Research Center, where the company conducts Research & Development.
In 2016 Full Cycle will complete a demonstration facility, at UC Davis, capable of producing fifty pounds of PHA per day. Full Cycle’s goal is to follow the demonstration with a commercial facility in 2018.
For more information: contact Ian DeWeerdt, CFO, via E-mail to Daniel Robin or call 831-761-0700 for an introduction.
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