After four years of intensive Research and Development, involving chemical engineers and scientists from around the world, SOLEGEAR Bioplastics Inc. announced the market readiness of POLYSOLE®.
POLYSOLE® is a 100% natural bioplastic that can biodegrade within weeks after disposal. While plastic bags, food packaging and cup liners are a huge step in the right direction, POLYSOLE® is an engineered, high performance plastic designed for use in the automotive, electronics, pharmaceutical and consumer goods industries.
Formed in 2006 by Toby Reid, SOLEGEAR has raised over US$300,000 to fund R&D, and worked with the University of British Columbia (UBC) and the National Research Council of Canada to produce this unique formulation. No other 100% natural bioplastic performs to the level of POLYSOLE® and its patents were filed in October, 2009.
As part of this commercialisation drive, SOLEGEAR will raise US$3 Million to enable it to fund both, its sales and marketing efforts and produce the polymers required by many companies interested in 100% natural, high performance biodegradable plastics.
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