Florida Institute funds producer of water-degradable plastic
The Florida Institute, a non-profit organization that works with the technology licensing and commercialization offices of Florida’s state universities, has announced that it has finalized a funding agreement with US Bioplastics. US Bioplastics’ flagship product Gatoresin, based on technology licensed from the University of Florida, is a bio-renewable, water-degradable plastic designed for use in highly disposable applications.
Gatoresin eliminates the possibility of environmental contamination by replacing non-degradable petroleum-based plastics with materials derived from agricultural and other waste products (News Release Florida Institute, 22 July 2014).
Click here for the news release.
Click here for more information about Gatoresin.
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