CPI Enterprises invests in pioneering bioplastics firm

In Denmark, CPI Enterprises invested in Floreon Technology, a pioneering plastics firm which was born out of a successful partnership with the University of Sheffield. 

Founded in 2011, Floreon’s products are made using 70 – 90 percent plant-based raw materials, including their patent pending Therma-Tech grade plastic which is the world’s first halogen-free PLA compound to achieve UL94V‑0 flammability certification. 

This gold standard certification means the plastics produced by the company, which have a significantly lower carbon footprint than their fossil-based counterparts, also meet the requirements for use in home electronics, automotive and construction. 

With 99 percent of plastics industry produced using fossil fuels, Floreon are set to take advantage of a huge gap in the market for high quality plastics which are made using sustainable materials.