Applied Bioplastics

World demand for plastics and rubber is nearly insatiable, declining just 2.5% CAGR due to COVID-19 but expected to grow by 8% CAGR to over $1.6 trillion by 2023 (citation). Of the 300 million tons produced each year, less than 8% is recycled, creating massive harm to the planet’s ecosystem and peoples. Applied Bioplastics is commercializing plant-based polymers that are far healthier and more sustainable at competitive pricing to their petrochemical-based analogues, aiming to capture 1% of this market within three years. We are delivering two products today: Biothermoplastics - a feedstock used by regional and global plastics manufacturers who want lower carbon impact while maintaining the same cost and performance characteristics as traditional petrochemical feedstock. We are uniquely positioned to serve the commodity plastics market with this material. BttR Board - a building material analogous to fiberglass using biomass and resin. This material is targeted for refugee and disaster assistance temporary housing (first in Bangladesh and India, then expanding to other regions as supply chains and input materials permit), and as decorative materials for custom homes and offices. Applied Bioplastics is a manufacturing company delivering our biothermoplastics and BttR Board, a research institute advancing the science of biopolymers, and a humanitarian organization working with local and global organizations to provide jobs and housing to impoverished areas.