Floreon secures $320 million to scale up bioplastics technology
In the United Kingdom, University of Sheffield bioplastics spin-out Floreon has secured £250 million (US$320 million) from the Centre for Process Innovation to scale up its polylactic acid bioresin technology. According to Sustainable Plastics, Floreon’s 70-90% plant-based PLA uses corn and sugarcane as feedstock and is stronger than other PLA materials on the market. The […]
