In recent years, the global push towards sustainability has significantly influenced various sectors, with the packaging industry standing at the forefront of this transformative wave. Amidst growing environmental concerns, such as plastic pollution and greenhouse gas emissions, there has been a concerted effort to develop and implement more sustainable packaging solutions. This shift is driven by an increasing awareness of the environmental impact of packaging materials, particularly single-use plastics, which have been found to persist in ecosystems for hundreds of years, contributing to pollution and harming wildlife.
Enter bioplastics, a category of materials that has gained attention as a potentially sustainable alternative to conventional plastics. Bioplastics are derived from renewable resources, such as plants and biowaste, setting them apart from traditional plastics, which are typically made from petroleum-based polymers. The defining characteristic of bioplastics lies in their source material and, in some cases, their ability to biodegrade or be composted under specific conditions. This distinction is crucial because it points to a reduced reliance on finite resources and offers an end-of-life solution that could potentially lessen the environmental footprint of packaging waste.
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.