"Biobased product" certification and label for Bio-On bioplastic renewed by the United States Department of Agriculture
June 23 2015 - 5:31PM
PRESS
RELEASE
Bio-on S.p.A.
"Biobased product" certification and label for
Bio-On bioplastic
renewed by the United States Department of
Agriculture
Bologna 24th June
2015 - The bioplastic developed by Bio-On
S.p.a. is set to continue contributing towards the growth of
the U.S. biobased products industry, which according to the
United States Department of Agriculture (USDA)
reached 369 billion dollars and 4 million jobs in 20131.
Bio-on
PHA bioplastic, completely naturally biodegradable, has obtained from USDA the renewal of the biobased
certification issued in 2014. The USDA
Certified Biobased Product Label certifies that the quantity of
ingredients from biological sources used to make the products being
certified meets the levels set by the Department. Biobased products
are the finished or intermediate materials made up entirely or to a
significant extent of agricultural, forest or marine ingredients.
All requests for certification are verified by integrated and
independent laboratories and monitored by the USDA. Consumers can
thus have full confidence and be able to make better-informed
buying decisions.
"We are
proud that Bio-on has earned the USDA Certified Biobased Product
Label," says Ron Buckhalt, USDA BioPreferred
Program Manager, "Products from biological sources add value to
renewable agricultural raw materials, create jobs in rural
communities and help our society reduce its dependence on
non-renewable raw materials such as oil".
According to a study recently published by the USDA, in the United
States alone the use of biobased products saves 300 million gallons
of oil every year. This is equivalent to 200 thousand fewer cars on
the roads. The contribution to employment is also noteworthy: each
job in the biobased industry is responsible for generating 1.64
jobs in other sectors of the economy.
"We are
extremely pleased to have obtained the renewal of this important
recognition," says Marco Astorri, Chairman and
co-founder of Bio-on, "Our mission is to develop and produce
eco-friendly, natural biopolymers. This certification makes us very
proud and confirms our commitment to the growth of the
bio-economy".
-
Golden, J.S., Handfield, R.B., Daystar, J. and,
T.E. McConnell (2015). An Economic Impact Analysis of the U.S.
Biobased Products Industry: A Report to the Congress of the United
States of America. A Joint Publication of the Duke Center for
Sustainability & Commerce and the Supply Chain Resource
Cooperative at North Carolina State University. USDA, June
2015
WEB LINK:
http://www.biopreferred.gov/BPResources/files/EconomicReport_6_12_2015.pdf
USDA BioPreferred
The USDA BioPreferred programme was created out of the Farm
Security and Rural Investment law of 2002 (2002 Farm Bill), and
extended by the Food, Conservation and Energy Act of 2008 (2008
Farm Bill). The aim is to increase the purchase and use of biobased
products. The programme is managed by the United States Department
of Agriculture. Products that meet the requirements of the USDA
BioPreferred programme bear a distinctive trademark for easier
identification by consumers. To find out more about the USDA
Certified Biobased Product Label, visit www.biopreferred.gov, or
follow @BioPreferred on Twitter.
BIO-ON S.p.A.
Bio-On S.p.A., an Italian Intellectual Property Company (IPC),
operates in the bioplastic sector conducting applied research and
development of modern bio-fermentation technologies in the field of
eco-sustainable and completely naturally biodegradable materials.
In particular, Bio-On develops industrial applications through the
creation of product characterisations, components and plastic
items. Since February 2015, Bio-On S.p.A. has also been operating
in the development of natural and sustainable chemicals for the
future.
Bio-On
has developed an exclusive process for the production of a family
of polymers called PHAs (polyhydroxyalkanoates) from agricultural
waste (including molasses and sugar cane and sugar beet syrups).
The bioplastic produced in this way is able to replace the main
families of traditional plastics in terms of performance,
thermo-mechanical properties and versatility.
Bio-On
PHA is a bioplastic that can be classified as 100% natural and
completely biodegradable: this has been certified by Vincotte and
by USDA (United States Department of Agriculture). The Issuer's
strategy envisages the marketing of licenses for PHAs production
and related ancillary services, the development of R&D (also
through new collaborations with universities, research centres and
industrial partners), as well as the realisation of industrial
plants designed by Bio-On.
For
further information:
Bio-On
S.p.A.
via Dante 7/b
40016 San Giorgio di Piano (BO)
Marco Astorri
Tel: +39 051 893001
mailto: info@bio-on.it
USDA BioPreferred®
Kate Lewis
202.720.0811
kate.lewis@dm.usda.gov
Press release (PDF)
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Bio-on via Globenewswire
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