In Italy, Bio-on, announces a strategic agreement with Kartell, through its parent company Felofin which takes a 2% stake in Bio-on with a 10 million Euro investment. Bio-on operates in the bioplastic sector conducting applied research and development of modern bio-fermentation technologies in the field of eco-sustainable and completely naturally biodegradable materials.
Kartell is a symbolic Made in Italy company: experimentation with new technologies and an innovative use of plastics have always formed the basis of its products, according to their press release. The challenge facing both Bio-on and Kartell today is to accelerate the development of organic electronics based on Bio-on’s technologies in order to gain a leadership position in this new sector. Research in this field of application is already being conducted at Bio-on laboratories and the first results are expected in 2018.
All the biomaterials developed by Bio-on (PHAs or polyhydroxyalkanoates) are made from renewable plant sources with no competition with food supply chains, according to their press release. In most cases, they guarantee the same thermomechanical properties as conventional plastics with the advantage of being 100% eco-sustainable and naturally biodegradable. Thanks to these special characteristics, Bio-on today extends the use of its materials to the most innovative and interesting fields of application such as organic electronics.