Paques Biomaterials
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Paques Biomaterials raises € 14 million for production of natural alternative to plastic and invests in Caleyda® (PHA) production site in Emmen
GETEC PARK.EMMEN →The capital raised in this funding round will allow us to scale up by building a Caleyda Extraction Facility in Emmen, where raw PHA will be extracted into a high-quality biopolymer branded Caleyda®
Paques Biomaterials opts for GETEC PARK.EMMEN to produce a natural alternative for plastic in Emmen, The netherlands
GETEC PARK.EMMEN →The commercial extraction plant is scheduled to come on stream in 2026. The total investment of the demo plant and the extraction plant is estimated at € 58 million. Around 40 jobs will be created.
About
Paques Biomaterials is a Dutch company focusing on developing and producing biodegradable biopolymers called PHBV using a sustainable and innovative approach.
Unique features:
Production process: They utilize natural bacteria and organic waste streams as nutrients, promoting a circular economy approach.
Material: Their biopolymer, PHBV, is completely biodegradable and has a wide range of potential applications compared to traditional plastics.
Focus: The company prioritizes sustainability and aims to decrease reliance on fossil fuels and microplastic pollution.
Stage: They have been developing their technology for over a decade and are currently transitioning towards commercialization.
Potential applications of PHBV:
- Packaging materials
- Agriculture products
- Medical devices
- Construction materials
and many more