COLUMBUS, OH., 14 February, 2012—The United Soybean Board (USB) has awarded Battelle funding specifically targeted to assist Biobent Polymers™, the Marysville, Ohio-based bioplastics company, in the commercialization of its revolutionary new bio-composite polymers made from soy. This new class of bioplastics is linked on the molecular level to maintain core characteristics of plastic which are missing in all other biopolymer-composites while dramatically reducing petroleum use in manufacturing. The new bioplastics can be used as a replacement for virtually all polypropylene (PP) and polyethylene (PE).
The USB funding will allow Battelle and Biobent Polymers to continue pioneering work refining soy-based polymers in an effort to solidify Biobent’s position as a leading innovator of bioplastics with the development and commercialization of the next generation of bioplastics. The joint announcement was made by Rick Heggs, Senior Market Manager for Battelle’s Energy, Environment and Material Sciences Global Business and Keith J. Masavage, Chief of Strategy and Operations at Biobent Polymers.
“With USB support, we are continuing our alliance with Biobent Polymers taking the next step down the commercialization road for a critically important sustainable green technology,” said Heggs.
This development effort will further the science and technology behind the award winning bio-composite resins derived from abundantly available soy-based agricultural co-products. While well into Biobent Polymers’ commercialization phase, the company will leverage this funding to accelerate solutions to several key technical challenges, provide production capacity refinements and significantly expand the markets for this new class of bioplastics.
“We have had great success working with Battelle’s break-through soy based resins – effectively removing as much as 40 percent of the petroleum used in the plastics production process,” said Masavage. “These next steps will even further refine the quality and performance of our bioplastics and allow us to deliver a variety of grades of plastic resins for use in a myriad of applications. As a result, we will bring price and performance of competitive resins to a multi-billion dollar market eagerly awaiting the arrival of truly “green” bioplastics to help reduce U.S. dependence on foreign oil.”
“The soybean checkoff program has backed this effort from the beginning through the Ohio Soybean Council, funding Battelle’s original research, and now through this United Soybean Board (USB) support,” said USB New Uses Chair Russ Carpenter, a soybean farmer from Trumansburg, N.Y. “The USB support comes as a result of the project’s potential, its ongoing successes, and the dividends we expect for both U.S. soybean farmers and the environment.”
For a free evaluation kit, contact Keith J. Masavage at 937.645.4600 or firstname.lastname@example.org.
As the world’s largest independent research and development organization, Battelle provides innovative solutions to the world’s most pressing needs through its four global businesses: Laboratory Management; National Security; Health and Life Sciences; and Energy, Environment and Material Sciences. It advances scientific discovery and application by conducting $6.2 billion in global R&D annually through contract research, laboratory management and technology commercialization.
Headquartered in Columbus, Ohio, Battelle oversees 22,000 employees in more than 130 locations worldwide, including seven national laboratories for which Battelle has a significant management role on behalf of the U.S. Department of Energy and the U.S. Department of Homeland Security.
Battelle also is one of the nation’s leading charitable trusts focusing on societal and economic impact and actively supporting and promoting science, technology, engineering and mathematics (STEM) education.
ABOUT BIOBENT POLYMERS™
Biobent Polymers™, a division of global plastics manufacturer Univenture Inc., was created in 2011 with a monumental goal; to re-shape the entire polymers landscape by commercializing price and performance competitive bio-composite plastics for a greener 21st century. Starting with soy-based bioplastics exclusively licensed from the Battelle Memorial Institute, the Marysville Ohio operation is the first in the nation to offer renewable polypropylene (PP) and polyethylene (PE) bioplastics with the core characteristics of conventional plastics while using up to 40 % less petroleum. Drawing on over sixty years of award winning senior level engineering and production expertise combined with strong relationships in the plastics and agribusiness markets, Biobent Polymers continues to refine its product offerings and will be launching new based bio-plastics resins throughout 2012. For more information contact Keith J. Masavage at 937.645.4600 or email@example.com.
ABOUT UNITED SOYBEAN BOARD
USB is made up of 69 farmer-directors who oversee the investments of the soybean checkoff on behalf of all U.S. soybean farmers. Checkoff funds are invested in the areas of animal utilization, human utilization, industrial utilization, industry relations, market access and supply. As stipulated in the Soybean Promotion, Research and Consumer Information Act, USDA’s Agricultural Marketing Service has oversight responsibilities for USB and the soybean checkoff. For more information contact Jon Butler at 888.235.4332 or firstname.lastname@example.org.
INTERVIEWS - Biobent Polymers’ Chief of Strategy and Operations, Keith J. Masavage, is available for interviews and desk side briefings regarding Biobent Polymers™. He is also available to provide expert quotes and bylined articles upon request. To schedule an interview or discuss article options contact Steven Style at 212.465.1290 or email@example.com.
For more information contact Katy Delaney at (614) 424-7208 or firstname.lastname@example.org, or T.R. Massey at (614) 424-5544 or email@example.com.
Biobent Polymers Press Contact:
Steven Style -or-Tom Dugan
The Steven Style Group
firstname.lastname@example.org -or- email@example.com
United Soybean Board
New Uses Program Communications