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Aquapak – Eco Friendly Plastics

Posted on Dec 8, 2017 1:13:00 PM

In this series of articles, we introduce the companies included in the OPEN Equity Fund portfolio, all of which have been selected not only for their promising business plans and potential earnings but also for their sustainable, environmentally friendly products or technologies.

Aquapak eco friendly plastics-1.jpg

Aquapak produces a fully recyclable, biodegradable non-toxic and high-quality plastic polymer. Traditional plastics are non-biodegradable and end up in landfill, incinerated or out at sea.  Currently around 150 million tonnes of plastic waste end up in the world’s oceans and this is expected to increase to 250 million tonnes by 2050.

Plastic bags made with the Aquapak polymer dissolve completely in seawater, so avoiding the problem of micro-plastic residues that end up in the food chain. In addition, the low degradation rate of the polymer allows multiple cycles of processing, making it suitable for closed loop processing in a circular economy.

Due to environmental concerns there is increasing pressure on government, retailers and manufacturers to find an ecologically sound alternative to traditional plastic films used in packaging, for carrier bags and in industry.

To help combat this problem, Aquapak has formulated a plastic polymer that not only is strong, but the film produced from the polymer is also temperature controlled water soluble. This makes it relatively easy to recycle even when contaminated.

Its superior quality, versatility and environmental credentials make it a major cost-effective disruptive technology to traditional large volume plastics manufacturers. The products made from the polymer are robust in everyday situations and can be easily recycled. At end of life they will degrade completely away, leaving no residue or particles, in an environmentally acceptable timescale.

Visit the OPEN Cleantech Equity Fund website for further information on the portfolio companies, as well as a host of related documents for download - factsheets, press releases, videos, term sheet, Listing Particulars, due diligence documents and more.

 

Topics: PLASTIC POLLUTION, Equity Fund, OPEN Cleantech, Companies, Aquapak

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