http://www.businessgreen.com/bg/news/2405056/biome-bioplastic-sets-sights-on-industrial-scale-green-plastic-production A leading developer of emerging bioplastic technologies has revealed plans for a new £3m research programme designed to accelerate the commercial development of plastics made from waste organic material. Biome Bioplastics has been responsible for a series of breakthroughs in the fledgling bioplastic market, developing the first compostable coffee pods and demonstrating how bioplastics could play key role in the emerging 3D printing sector. FURTHER READING As the election rumbles on, clean tech start ups are getting on with it ArcelorMittal steels itself for revamped green push The company will today announce plans for the next phase of its research and development, in the form of a three year work programme backed by Innovate UK, the Biotechnology and Biological Sciences Research Council (BBSRC) and the Engineering and Physical Sciences Research Council (EPSRC), among others. The project will see the company work with teams at the universities of Warwick, Liverpool and Leeds as well as the Centre for Process Innovation (CPI) on Teesside to explore how bio-based chemicals derived from lignin could be produced at an industrial scale. Lignin is an abundant waste product from the pulp and paper industry that Biome Bioplastics believes can be harnessed to produce sustainable chemicals that could then be used in the production of bioplastics, as well as fragrances, coatings and personal care products. "The ready availability of high value, sustainable chemicals from natural sources will be a game changer for the bioplastics market," said Biome Bioplastics chief executive Paul Mines in a statement. "Success in this work would allow us to competitively challenge the dominance of oil-based polymers. The technology we are developing is part of the growing adoption of bio-based processes that is likely to deliver radical changes across the materials industry." The project will build on work undertaken by Biome Bioplastics and the University of Warwick's Centre for Industrial Biotechnology and Biorefining, which successfully demonstrated that bacterial degradation can be used to produce organic chemicals from lignin that are suitable for bioplastic manufacture. The project will now aim to replicate the results at scale in a bid to prove that the process could support commercially viable bioplastic production. Growing numbers of retailers have turned to bioplastic technologies as a means of cutting the environmental impact of conventional plastics found in packaging and plastic bags. However, the sector has been hampered by concerns over costs and fears that using crops to produce bioplastics can erode food supplies. Thanks to JMF69 over on ADVFN
18 Apr '15
Nice rise this week what are your thoughts ? very quiet here again.
1 Apr '15
This share was never a quick buck maker and is a nest egg punt. BIOME is very proactive now and has an enthusiastic sales team. Sales are up and I'm in for the long term.
30 Mar '15
Dear Breeze Block
How many times have we heard/you said "jam tomorrow" with this share? I have lost count. The lid is off the jam jar, the wasps are inside, and mould is forming! DYOR! MHYG!!
27 Mar '15
Maybe Biome is buying back all its shares just before it becomes profitable?
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