Agreement between Bio-on and Innova Imagen for the production of Bioplastic in Mexico
19 Febbraio 2019 - 08:00AM
Agreement between Bio-on and Innova Imagen for the production of
Bioplastic in Mexico
- Bio-on and Innova Imagen (Himes Group) announce the signing of
a new agreement to produce ultra-green PHA biopolymers in
Mexico
- The two companies start the first collaboration in the central
/ north America, to exploit the Bio-on technologies for the
industrial production of PHA bioplastics valorizing different local
feedstock
- In the coming months Bio-on will work in exclusive with Innova
Imagen to bring natural and biodegradable bioplastics for many
market sectors into Mexico, with particular attention to the
textile and fashion industry
Bologna (Italy) – Monterrey
(Mexico), 19th February 2019 – Bio-on,
listed on the AIM segment of the Italian Stock Market - Borsa
Italiana and operating in the sector of high quality bioplastic,
and Innova Imagen, a company of the Himes Group,
with operations in the textile sector in Mexico and the United
States with particular attention to eco-sustainable innovation,
announce to have signed an exclusive
agreement to design the realization of the first plant in Mexico
for the production of 100% natural and biodegradable bioplastic,
obtained from agro-industrial residues and
by-products.
The agreement grants to Innova Imagen the
exclusive right to realise on the field the development of the
investment and evaluate the business initiative regarding the use
of the Bio-on technologies in Mexico for a period of 18 months.
To Bio-on this is an agreement worth half a million euros,
the first of its kind in Central-North American region and confirms
the success of the business model based on the licensing of one of
the most innovative technologies in the world in the sector of
biopolymers.
The collaborative initiative will begin in the
next weeks with the use of different feedstock largely
available in Mexico, including wastes from the
agave processing, in order to implement an engineering
project of an industrial plant for the production of PHA
bioplastics with different possible scenarios which combine
different raw materials to be valorized and numerous market
segments to be satisfied.
«The technology developed and demonstrated at
industrial level by Bio-On is promising in the face of the global
problem of contamination by plastics and its consequences on human
health – declares Rogelio Himes,
Co-Founder and CSO of Innova Imagen – and the
possible development of PHAs applications for textile and fashion
industry particularly attracted our interest, because they have the
potential to replace synthetic fibers such as polyester, one of the
largest sources of pollution of our oceans caused by microfiber
shredding when the clothes are washed and become in contact with
our ecosystems and remain for centuries just as many of the
existing plastics».
The tasks related to the engineering and
business plan will be implemented by both teams while the ENG
(Engineering) e RAF (Recovery And Fermentation)
Bio-on units will work in the development and improvements of
synergies and interconnections between the future PHA plant and
other production sites available in the geographical area to be
identified. The market approach will be elaborated taking into
account three important and increasingly evident drivers, also in
the central and north American markets: the constantly and strongly
rising consumers’ demand for eco-sustainable products, the
brand-owners’ commercial strategies and the emerging
worldwide regulations that ban the traditional plastics and
push toward bio-based and biodegradable materials.
«The PHA revolution is already a reality –
underlines Marco Astorri, President and
CEO of Bio-on – and those who really want
implement radically green technologies and shift towards a really
sustainable production systems have no more excuses. Himes Group,
particularly sensible about the environment protection and
concerned by bad human habits in plastic consumption, made the
right choice and Bio-on team really looks forward to starting this
new collaboration in Latin America in order to satisfy the
fast-growing market of PHA bioplastics».
All bioplastics developed by Bio-on (PHAs or
polyhydroxyalkanoates and PHBs or polyhydroxybutyrate) are obtained
from renewable plant and lipid sources without any competition with
food supply chains. In most cases, they guarantee the same
thermo-mechanical properties of conventional plastics with the
advantage of being completely eco-sustainable and 100% naturally
biodegradable in natural way. In addition, they offer application
possibilities, even completely unpublished, in sectors where
traditional plastics are not used.
Press
InformationBio-on: Simona Vecchies +393351245190 –
press@bio-on.it – twitter @BioOnBioplastic
Innova Imagen
Innova Imagen, a company of the Himes Group is a
Mexican private company with more than 15 years of operations of
manufacturing and merchandising in the clothing industry. The Himes
Group has become a promoter of sustainable and environmentally
friendly enterprises, aimed to contribute to the culture change
needed to cope environmental issues affecting our planet. Himes LLC
is a US based company dedicated to develop and distribute clothing
elaborated from sustainable materials. (www.himeswear.com)
Bio-on S.p.A.
Bio-on S.p.A., an Italian Intellectual Property
Company (IPC), operates in the bioplastic sector conducting applied
research and development of modern bio-fermentation technologies in
the field of eco-sustainable and completely naturally biodegradable
materials. In particular, Bio-On develops industrial applications
through the creation of product characterisations, components and
plastic items. Since February 2015, Bio-on S.p.A. has also been
operating in the development of natural and sustainable chemicals
for the future. Bio-On has developed an exclusive process for the
production of a family of polymers called PHAs
(polyhydroxyalkanoates) from agricultural waste (including molasses
and sugar cane and sugar beet syrups). The bioplastic produced in
this way is able to replace the main families of traditional
plastics in terms of performance, thermo-mechanical properties and
versatility. Bio-on PHAs is a bioplastic that can be classified as
100% natural and completely biodegradable: this has been certified
by Vincotte and by USDA (United States Department of Agriculture).
The Issuer's strategy envisages the marketing of licenses for PHAs
production and related ancillary services, the development of
R&D (also through new collaborations with universities,
research centres and industrial partners), as well as the
realisation of industrial plants designed by Bio-on.
Issuer Bio-On S.p.A. via Dante 7/b 40016 San
Giorgio di Piano (BO) Marco Astorri Tel: +39 051 893001
info@bio-on.it |
Nomad EnVent Capital Markets Ltd 25 Savile Row W1S
2ER London Tel.+447557879200 Italian Branch Via Barberini, 95 00187
Rome Tel: +3906896841 pverna@envent.it |
Specialist Banca Finnat Euramerica S.p.A. Piazza
del Gesù, 49 00186 Roma Lorenzo Scimia Tel: +39 06 69933446 Fax:
+39 06 6791984 l.scimia@finnat.it |
- CS_78_BIO-ON_HIMES_19_02_2019_ENG