US Bioplastics receives funding to bring Gatoresin to the market

By Frank Esposito
Senior Staff Reporter

Published: July 24, 2014 1:44 pm ET
Updated: July 24, 2014 1:47 pm ET

Related to this story

Topics Materials, Sustainability, Materials Suppliers

Materials maker U.S. Bioplastics is hoping its Gatoresin product will take a bite out of the bioplastics market, thanks to funding from a state agency in Florida.

The Winter Park, Fla.-based firm is receiving an unspecified amount of funding for Gatoresin, which is based on feedstock waste, paper production by-products or other plant waste. The material is a bio-renewable, water-degradable plastic designed for use in highly disposable applications, officials said in a July 21 news release. It’s based on technology licensed from the University of Florida.

In the release, U.S. Bioplastics founder Lee Strait said that the firm “recognizes the importance of caring for the environment while preserving the health of people through responsible product manufacturing and development.”

The funding is coming from the Florida Institute for Commercialization of Public Research. The non-profit Institute — with offices in Gainesville and Boca Raton — has identified more than 100 new company projects across the state that can benefit from technology developed at Florida’s state universities and private research institutions. Its partners include the University of Miami and the University of South Florida.

“Working with environmentally conscious partners, U.S. Bioplastics is offering a viable alternative to a large segment of oil-based, non-degradable plastics,” Institute CEO Jamie Grooms said in the release.


Comments

US Bioplastics receives funding to bring Gatoresin to the market

By Frank Esposito
Senior Staff Reporter

Published: July 24, 2014 1:44 pm ET
Updated: July 24, 2014 1:47 pm ET

Post Your Comments


Back to story


More stories

Image

World Plastics Council takes on sustainbility for its initial priorities

November 25, 2014 9:51 am ET

The recently formed World Plastics Council (WPC) has set marine debris and post-consumer recycling and energy recover as its initial top priorities.    More

Image

AMA Plastics adds presses, changes management structure

November 24, 2014 3:57 pm ET

AMA Plastics Inc. has strengthened its management structure, received recognition for entrepreneurship, achieved quality improvements and added three ...    More

Image

Indian plastics group targets waste

November 24, 2014 12:46 pm ET

An Indian plastics environmental group and the country's largest brand for packaged water, Bisleri International Pvt. Ltd., have launched a trial...    More

Image

Can plastics return to the driver's seat?

November 24, 2014 6:00 am ET

When the June 1989 issue of Popular Science introduced three cutting-edge automotive technologies, including the latest Corvette and a powerful...    More

Image

PET brought the water bottle revolution

November 24, 2014 6:00 am ET

The single-serve plastic water bottle is ubiquitous in today's culture. But that hasn't always been the case. Not by a long shot.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events