Which products is the bioplastic suitable for?
Newman: Given that PHA has intrinsic biodegradability, it is particularly useful in applications where this quality is an advantage. For example, think of bags for collecting food waste, teabags, and coffee pads. PHA can also be used in fishing gear that is often lost at sea, medical applications where the plastic can biodegrade harmlessly within our bodies, and even in products used in the cosmetics industry. The significant advantage of these polymers is that they can return to the soil and biodegrade naturally without causing harm to the environment.
What are your next goals?
Newman: This year, we have made significant progress in building our state-of-the-art R&D platform near Frankfurt. To achieve this, we require the right people to work with us, as well as an intricate process of procurement and project management. It's an exciting time for us.
How would you describe your vision for the future of bioplastics?
Newman: In March, President Biden announced his ambition for 90% of American plastics to be bioplastics within 20 years, which indicates the scale of the revolutionary change underway. China also has similar ambitions to grow its bioplastics industry. However, Europe is still lagging behind and needs to embrace this new industry more enthusiastically. We hope to demonstrate with our process that it can be done efficiently using carbon dioxide as a feedstock and contribute towards both climate and material goals that are fit for a climate-neutral Europe in 2050.