Business combination should allow scaled-up production of bioresin PolyEarthylene™
The $600-billion global plastics market is under increasing regulatory pressure to adopt more sustainable solutions, but currently, most options presented not only cost adopters more money but require special manufacturing processes.
Enter Verde Bioresins Inc. (Verde), a forward-thinking company that has developed PolyEarthylene™, a proprietary bioresin that is derived from renewable and sustainable sources. Verde touts itself as the only company to develop bioresin that can use the same manufacturing facilities and is at the same price point as typical plastics. It is biodegradable, industrial compostable, and post-consumer-recycled certified, making it an eco-friendly alternative to conventional plastics. It seamlessly fits into existing production processes and utilizes current infrastructure.