Bio-on secures agreement for first PHA plant in Brazil

In the UK, Bio-on and Moore Capital signed a license agreement to build the first Brazil-based facility to produce PHAs bioplastic from sugar cane co-products.

The two companies, operating in sustainable biochemistry and in the development of eco-sustainable industrial solutions, will work together to build a production site with a 10,000 tons/year output, in the state of São Paulo and/or Acre State. Requiring an EUR80 million investment, the facility will be the most advanced biopolymers production site in South America. The new production hub will create 60 new jobs plus allied industries, helping to meet the high demand for this revolutionary biopolymer already coming in from numerous companies that transform or produce conventional plastic in Brazil.