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    cleantech investing

    Solegear and Braskem Showcase Recycling Containers at Sustainable Brands 2017

    Jocelyn Aspa
    May. 24, 2017 09:44AM PST
    Cleantech Investing

    Solegear Bioplastic Technologies (TSXV:SGB) and Braskem (NYSE:BAK) have announced the showcasing of the first product of their partnership to produce and distribute a series of household recycling containers using Braskem’s I’m green Polyethylene under Solegear’s good natured brand at Sustainable Brands 2017. As quoted in the press release: “Solegear has a deep commitment to providing …

    Solegear Bioplastic Technologies (TSXV:SGB) and Braskem (NYSE:BAK) have announced the showcasing of the first product of their partnership to produce and distribute a series of household recycling containers using Braskem’s I’m green Polyethylene under Solegear’s good natured brand at Sustainable Brands 2017.
    As quoted in the press release:

    “Solegear has a deep commitment to providing safer, environmentally friendly products for today’s consumers who are looking to simplify their lives while making a positive impact on the planet,” shared Paul Antoniadis, CEO of Solegear. “Our partnership with Braskem has been instrumental in delivering this vision and illustrates our team’s commitment to seeking out the best bio-based ingredients for each application. We’re excited to be part of this latest opportunity with Braskem to showcase our good natured™ recyclers.”
    Braskem developed its I’m green™ material from Brazilian sugarcane – a renewable and sustainable resource – to be a drop-in biopolymer replacement to conventional polyethylene. Cultivation of sugarcane utilizes carbon dioxide and releases oxygen, which gives the material a negative carbon footprint. Braskem’s analysis has confirmed the environmental impact of using 1 ton of green PE is the equivalent of capturing 3.09 tons of carbon dioxide from the atmosphere from a cradle to gate perspective.
    “This partnership has strategic value for Braskem as we believe it will provide us access to new markets and strengthen the company’s growth in North America. Using our Green PE in this particular application, to produce household recycling containers, will also allow us to reinforce our belief that we can improve people’s lives by creating sustainable solutions in chemicals and plastics,” said Gustavo Sergi, responsible for Braskem’s Renewable Chemicals team.

    Click here to read the full press release.

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