News International Sugar Journal

Plaxica secures £5 million to develop 2nd generation biopolymer technology [Registered]

To date, the use of biopolymers, including first generation PLA (polylactic acid plastic), has been limited by their physical properties and relatively high cost of manufacture. Plaxica, an emerging leader in the production of next generation biopolymers and biobased platform chemicals, recently raised a further £5 million in equity funding from Imperial Innovations, Invesco Perpetual and NESTA Investments to develop the technology for the production of next generation biopolymers, including Plaxica’s second generation PLA, which are expected to be cheaper and offer improved performance than the first generation biopolymers and PLA. Plaxica’s microbial conversion technology is patented, but the microbe…

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