Nordic Bioproducts Group (NBG), a Finnish biomaterial innovation company and developer of pioneering AaltoCell Technology, has entered into a strategic Memorandum of Understanding (MOU) with PTT MCC Biochem Company Limited (PTT MCC) headquartered in Bangkok, Thailand. The partnership focuses the advancement of bioplastic technology and includes, for example, PTT MCC utilizing Nordic Bioproducts Group’s cellulosic fibers as an ingredient in its innovative bioplastic product called BioPBS.
The joint development project is focused on creating next-generation bioplastics, specifically new grades of BioPBS (Bio-Polybutylene succinate) that leverage Nordic Bioproduct Group’s biomaterial expertise and integrate its advanced cellulosic materials, such as its sustainable activated cellulose fibers. The cellulose can serve as a key component in the manufacturing process of bioplastics, effectively replacing petroleum-derived substances.
The project’s target is to produce bioplastic materials that not only boost home compostability and biodegradability, but also deliver advanced properties and performance, enabling penetration into new markets where petroleum-based plastic products have dominated. The project will prioritize the development of ‘home compostable’ materials, targeting single-use products such as coffee capsules, cutlery, containers, plates, and mugs – enlarging the growing markets.
The coffee capsule market is expected to grow to USD 11.9 billion by 2032, with Asia Pacific being the largest market for coffee capsules in 2023, followed by Western Europe. However, most capsules are produced from aluminum, which can be recycled but is not compostable. As single-use packages more often end up in nature than recycling centers, ensuring their compostability is key to making the whole industry more environmentally friendly.
NBG’s activated cellulose fibers meet food container safety regulations. They are derived from clean water and FSC-certified, traceable, sustainably managed forests in Finland.
Thailand is the world’s second-largest producer of bioplastics, with the local government supporting many initiatives helping the world move from plastics to biodegradable bioplastics.
(Source: Nordic Bioproducts Group)