Plastic is an inescapable element in modern society, used in the packaging of food and beverages, as well as in the production of tubes, clothing, vehicles and aircraft. Its use is essentially based on fossil fuel sources. Although its recycling is possible, the cumulative effect of the uses inevitably proves destructive, leading to accumulations of garbage and microplastic contamination, which represent more than 80% of the total use of plastic.
Even the burning of plastic, like any other fossil fuel, results in the emission of CO2. In spite of everything, nothing is lost. Considering that plastic essentially consists of carbon chains aggregated in a specific way, the use of organic materials can provide the essential components for its production.
Biome Technologies consists of two divisions, Biome Bioplastic and Stanelco RF. The company’s main product is a compostable coffee pod. Even if Biome’s product mix is a bit surprising and does not focus entirely on bioplastics, the company has shown that it has an increasing focus on this subject.
Biome Technologies plc (LON:BIOM) is a growth oriented, commercially driven technology group. The Group’s primary activity is the development of its fast growing business in bioplastics. The Group comprises two divisions: Biome Bioplastics and Stanelco RF Technologies.