Six finalists have been named for the Clean Technology Business Forum & Competition, sponsored by the Society of Plastics Engineers' Plastics Environmental Division.
The finalists companies in the early stages of developing technologies that promote sustainability will make presentations before a judging panel made up of experts in sustainability and professionals from the investment community.
The Clean Technology Business Forum & Competition provides a unique opportunity for companies to showcase their innovative clean technologies before an audience of industry leaders and prospective investors, said Eric Koester, forum coordinator and an attorney with Cooley Godward Kronish LLP. In turn these companies provide an exciting look at the future of the polymer and plastics industries.
The six finalists are:
* AmbientEco Group of Denver, which has technology to convert municipal solid waste into an alternative fuel. The AmbientEco process removes inerts and metals and employs industrial dehumidification equipment to reduce the moisture content of waste so it can be converted into a high-grade refuse-derived fuel.
* Avantium of Amsterdam is involved in the development and commercialization of biopolymers and biofuels. The company is developing a process to convert carbohydrates into furan-based products, which it calls Furanics.
* Fiberforge Corp. of Glenwood Springs, Colo., which makes advanced-composite parts in higher volumes and at lower costs than are achieved with current processes.
* Segetis Inc. of Golden Valley, Minn., which develops chemical and plastic products derived from levulinic acid, a chemical derived from cellulosic biomass, and bio-based hydroxyl compounds.
* Soy Works Corp. of Woodridge, Ill., which makes bio-based resins for use in single-use products.
* Vast Enterprises LLC of Minneapolis, which makes composite products from post-consumer rubber and plastic that offer an engineered, green alternative to molded concrete and clay brick.
The conference is taking place March 8-10 at SPE's Global Plastics Environmental Conference in Orlando, Fla.
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