Australian company Cardia Bioplastics Limited (CNN.AX) is looking for commercial partners to develop a plastic bag made from carbon emissions and starch.
VICTORIA, Australia--(BUSINESS WIRE)--Australian company Cardia Bioplastics Limited (CNN.AX) is looking for commercial partners to develop a plastic bag made from carbon emissions and starch.
“This is the first time CO2 emissions have been transformed in this way and the development has the potential to revolutionize bioplastics production”
Cardia Bioplastics’ CO2S resin is made from emissions that are captured before being released into the atmosphere and turned into a polypropylene carbonate (PPC) polymer. The PPC is then blended with starch to produce the resin before it is made into a biodegradable bag.
Cardia Chairman Pat Volpe said the firm has already completed a first production run and is now in discussions with several parties interested in the technology.
“This is the first time CO2 emissions have been transformed in this way and the development has the potential to revolutionize bioplastics production,” said Volpe. “We are delighted to be able to turn a problematic waste into an environmentally-friendly alternative product.”
The Company is now working to perfect the technology to increase the content of the PPC so that 60% less virgin oil is used when compared to other oil-based biodegradable products.
About Cardia Bioplastics
Cardia Bioplastics Limited develops, manufactures, and markets packaging resins derived from renewable resources to the plastics packaging industry. The Company’s packaging resins are used in the production of blown film/bags, injection moldings, extrusion and vacuum formings, and foam products. It sells its products in Australia, New Zealand, and internationally. The Company was formerly known as Cardia Technologies Limited and changed its name to Cardia Bioplastics Limited on July 13, 2009. Cardia Bioplastics was founded in 2002 and is based in Hawthorn, Australia.
