TerraVerdae Expands its Elastomeric PHA Biomaterials Portfolio by Strategic Partnership with PolyFerm Canada
By Business Wire News
By Business Wire News
BEVERLY, Mass. & KINGSTON, Ontario
TerraVerdae BioWorks, an industrial biotechnology company developing advanced bioplastics and environmentally sustainable biomaterials, today announced that it has entered into a strategic partnership agreement with PolyFerm Canada, a Canadian biopolymer company focused on developing renewable & biodegradable alternatives to petrochemical-based elastomers. This partnership expands TerraVerdae’s product and technology portfolio into the high growth market of biodegradable thermoelastomers.
PolyFerm has developed the only line of biodegradable thermoelastomers in the industry made entirely from renewable feedstocks. This addresses a large unmet need within the biopolymer industry, with applications for adhesives and sealants, plastic additives, inks and toners, paints and coatings, and medical devices.
“This strategic partnership allows us to offer our customers the most comprehensive product portfolio of biodegradable polymers and opens up significant opportunities in new, high-growth markets,” said William Bardosh, CEO and founder of TerraVerdae BioWorks. “Linking TerraVerdae’s and PolyFerm’s collective capabilities significantly enhances our market position and ability to bring innovative, performance-based and environmentally sound products to market.”
“With TerraVerdae, we have found an ideal partner to help us penetrate new markets with our high-performance polymer and elastomer products,” said Bruce Ramsay, Founder and Chief Technical Officer of PolyFerm Canada. “TerraVerdae’s demonstrated ability to scale up complex bioprocesses to meet the performance specifications demanded by industry is a great fit with our technology.”
Elastomeric PHAs represent one of the most versatile classes of engineered materials for a number of commercial uses. These biodegradable materials combine the look, feel and elasticity of conventional thermoset rubber with improved processing efficiencies and are capable of withstanding large deformations while regaining their original shape. They also exhibit unique performance characteristics such as toughness, resilience, stretchability, and stiffness.
About PolyFerm Canada
PolyFerm Canada is a Canadian biopolymer company focused on developing renewable and biodegradable alternatives to petrochemical-based elastomers. Its materials are the only biodegradable thermoelastomers made entirely from renewable feedstocks, and address a large unmet need within the biopolymer industry. PolyFerm’s product line, marketed as VersaMerTM, is a medium-chain-length PHA material with enhanced elastomeric properties that can be engineered to multiple applications. http://www.polyfermcanada.com.
About TerraVerdae BioWorks
TerraVerdae BioWorks develops biodegradable biopolymers, biobased chemicals, and specialty ingredients from environmentally sustainable, single-carbon (C1) feedstocks. The company has commercial pilot-scale production capabilities for its PHA-based biomaterial products and is introducing a range of products to the market. These include biodegradable, natural microspheres, 3D printing filaments and performance films and coatings, as direct replacements for synthetic, non-degradable plastics. TerraVerdae’s process combines industrial biotechnology, microbial engineering and biomaterials science to develop and manufacture high-value performance biomaterials and ingredients that are environmentally sustainable.
TerraVerdae BioWorks is headquartered in Canada with operations in the US and the UK. http://www.terraverdae.com.
William Bardosh, +1-978-712-0220
Bruce Ramsay, +1-613-214-3661
KCSA Strategic Communications
Paul Sagan, +1-617-852-0495