Cardia sets up subsidiary to commercialise novel CO2 starch technology
Cardia Bioplastics has announced that is has established a 100% subsidiary - CO2Starch Pty Ltd. This vehicle will be used to commercialise the company’s patented novel CO2 polymer-starch blending technology.
CO2Starch Pty Ltd will hold all the intellectual property and patents and will serve as the platform for the development and commercialisation of a family of CO2-based polymers.
Cardia launched the CO2 + Starch biodegradable carrier bag (made using CO2 emissions) in October 2010 and has since received interest in the technology from several major international organisations including petrochemical companies.
The technology allows PPC (polypropylene carbonate) to be blended with starch.
In simple terms, CO2 emissions are captured and used as a substitute for oil and then further blended with starch as an additional substitute for oil to create renewable and sustainable bioplastics that rely less on fossil fuels.
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