Indorama Ventures and Polymateria sign exclusive partnership to produce biodegradable wipes and masks
General

Indorama Ventures and Polymateria sign exclusive partnership to produce biodegradable wipes and masks

IVL’s exclusive right to use Polymateria’s unique biotransformation technology for nonwovens supports application in non-virgin resin recycling

  • By ICN Bureau | March 16, 2023

Indorama Ventures Public Company Limited (IVL) and technology specialist Polymateria Limited have signed an exclusive 10-year partnership to help household brands bring biodegradable nonwoven hygiene products to the market through biotransformation technology.

This collaboration provides a new solution for dealing with essential items like facemasks and wipes once they have been used, ensuring they can return safely to nature without leaving behind any microplastics or toxic residue. It is specifically designed to tackle plastic leaking into the environment as unmanaged waste, meaning it is neither collected for landfill nor recycled. Given that most of the plastic in our oceans originates as unmanaged waste on land, addressing the unmanaged waste challenge is key. This partnership aims to do just that for essential hygiene items.

IVL’s exclusive right to use Polymateria’s unique biotransformation technology for nonwovens supports application in non-virgin resin recycling while providing a solution for ‘fugitive’ used articles, especially those items that end up in the natural environment. This biotransformation process involves the plastic transforming into a bioavailable wax in the open terrestrial environment, whereupon the wax is fully consumed by bacteria, microbes and fungi, leaving just carbon dioxide, water, and biomass. The pulp component is inherently biodegradable under similar conditions.

Yash Lohia, Chairman of IVL’s ESG Council, said: “I am delighted with this 10-year partnership. After an extensive search and technical due-diligence process, Polymateria’s technology is clearly a step above solutions of the past and fits very well with IVL’s sustainability strategy. I look forward to seeing these products on supermarket shelves in the future, hopefully being marketed by some of the biggest brands in the world.”

Shachar Rachim, CEO of IVL’s Hygiene Business, added: “This is a great example of where technically focused companies work together on a common challenge, using their respective technologies in synergy to achieve a unique, and valuable, product proposition. It’s a positive direction for the market.”

Register Now to Attend Agrochem Summit 2024 on Friday, December 13th, 2024 at The Park, New Delhi

Upcoming E-conferences

Agrochem Summit 2024

December 13, 2024

PetroChem Summit 2024

December 18, 2024

Other Related stories

Startups

Chemical

Petrochemical

Energy

Digitization