Phaxtec (Accelerator)

Company Description: Combating plastics pollution requires innovative alternatives and PolyHydroxyAlkanoates (PHA) are the most appropriate alternative to plastics due to them being marine, fresh water and soil biodegradable, recyclable, and home and industrially compostable. They are being produced commercially in small scale and have been thoroughly validated in 100’s of applications for 40+ years. PHAXTEC, Inc. would use Biogas, an abundantly available GHG, be cost competitive to plastics and enable recycling, and home and industrial composting, eliminating landfills. PHAXTEC uses proprietary microorganisms and patented and commercial production and applications technologies to ensure competitive advantage. Priority markets include a) foodservice paper coatings - enable packaging to be either recycled for the cellulose or composted - and b) slow-release fertilizer coatings - allow reduced fertilizer usage without losing yield, reduce fertilizer leaching into the waterways to reduce Algae Bloom and Red Tide. The PHAXTEC® team is successfully bringing together hi-tech development, manufacturing and traditional markets positioning PHAXTEC® to be a leader in transitioning the industry to circularity and sustainability.