A report released today by the European Patent Office (EPO) suggests that Europe and the US account for over half of worldwide patenting activity in the plastic recycling and bioplastic industries, with the cosmetic and detergent segments emerging as front runners for innovation.
The report uses data from 2010 to 2019, particularly international patent families (IPFs) covering inventions that have submitted applications in two or more patent offices worldwide, to analyse innovation trends in plastic recycling and bioplastic technologies. As a relatively small number of applications are granted IPFs, and these are often filed months or years before a product appears on the market, the EPO considers IPFs to be a valid indicator of future trends.
Biome Technologies plc 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.