Before diving into what bioplastics are, it is important to acknowledge that regular plastics are an omnipresent material in modern life. We use it for packaging food and drink and in manufacturing, like making pipes, clothing, or even cars and airplanes.
This is also a material made almost exclusively from fossil fuels. While it can somewhat be recycled, after enough cycles, it will ultimately end up “consumed.”
The worst is turning it into trash in the environment or into micro-plastic pollution, which happens to roughly 80% of total plastic usage. But even if incinerated, it will produce CO2, like any other fossil fuel combustion.
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.