We are focused on a technology to produce plastics, which degrade within a much shorter timescale breaking down into their constituent parts as healthy antioxidants already abundant in nature. US CleanTech are committed to entering the marketplace with a genuinely revolutionary patented green production technique that can compete with petroleum-based plastics on price point. By promoting the use of bioplastic we can offer the possibility for communities to eliminate a substantial portion of the environmental disaster caused by pollution from plastics that were never designed for disposable uses.
The trillion dollar plastic industry is growing at about 5% per year, while the bioplastics packaging sector is growing at nearly 20%. With a global market size for synthetic and bio-derived biodegradable plastics at $2.3 billion as of 2013, the industry is expected to grow to $7.8 billion by 2018.
The race to the top of profitability among producers and to the greatest market share is entirely contingent on productive efficiency and raw material cost minimisation. Of the four major markets for biodegradable materials, the largest processing segment is the packaging market. With over 500 bioplastic processing companies, new applications and innovations within the packaging, automotive, and electronics industry are expected to expand this number to 5,000 by 2025. Demand for sustainable plastics is increasing rapidly in all sectors.
Our technology incorporates provable degradation characteristics and excellent thermal properties. Production raw materials for the patented technology exist in enormous scale and are currently not fully exploited. Utilising our intellectual properties can enable us to maintain control over the entire supply chain from resin production to product licensing in the major markets, which we detect, and pursue.
We are targeting partnering with multiple product lines to pull the commodity through the market to the product manufacturer.
Four major biodegradable material markets:
- Food packaging
- Personal and healthcare
- Non-food packaging
- Consumer goods