MicroRio LLC is commercializing a new technology from Stanford University that utilizes bacteria to produce PHA plastic from methane. Methane is an extremely low cost raw material, allowing one to produce PHA at competitive prices.
654 Billion USD
estimated Global plastic market by 2020
A REVOLUTIONARY PROCESS
MicroRio’s bioprocess uses methane from natural gas as a raw material. Natural gas is a feedstock that does not compete with food and arable land use. MicroRio’s PHA products are price competitive when compared to the conventional plastics it would replace.
Bioplastics are the future
Bioplastics are growing at
annual growth through 2024
Billion per year in 2017
Biodegradable packaging expected to grow at 10.6% from 2017-2021
· PHA’s are recyclable, biodegradable, biocompatible, renewable, and bioabsorbable.
· Have properties able to replace petroleum PET, PP, and PE.