DuPont and Plantic announce starch-based biomaterials alliance
Partnership to focus on materials for food and other packaging uses
Plans include the collaborative development of new, renewably sourced resins and sheet materials based on high-amylose corn starch, an annually renewable feedstock, for applications including cosmetics, personal care and food packaging trays, caps and containers. In addition to co-developing these new materials, DuPont will market and distribute Plantic's starch-based resins and sheet products under the DuPont(TM) Biomax® family of products. By joining the strengths of the two companies, the use of renewably sourced materials will be broadened and accelerated.
"Putting DuPont's polymer science and biotechnology together with Plantic's leading-edge starch-based technology helps both companies broaden the performance of this class of polymers, giving the market more options to replace the use of non-renewable feedstocks," Shanna Moore, DuPont global business director for sustainable packaging materials, said. "This is part of the company's overall strategy to double revenues from non-depletable resources to $8 billion by 2015 through a combination of DuPont R&D and targeted strategic partnerships."
Under the agreement, DuPont will market Plantic's starch-based sheet materials for trays and rigid packaging applications in North America, extending Plantic's existing market for these materials, which previously had been Europe and Australia. DuPont will also brand and sell starch-based injection moulding resins made with Plantic technology in all markets except Australia and New Zealand, using the DuPont(TM) Biomax® brand. The current plans encompass sheet and injection moulding resins with the expectation that more lines will be added to the portfolio as they are co-developed.
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