Periodic Reporting for period 1 - Bioweg (A zero waste process for producing all natural, biodegradable replacement additives for synthetic polymers and microspheres)
Reporting period: 2022-07-01 to 2023-06-30
• Higher yield: We focused on improving the fermentation process to enhance the yield of microbial cellulose for our biobased products. We identified several waste streams for our fermentation feedstock through systematic experimentation and optimization. The fermentation yield will result in higher production efficiency and cost-effectiveness.
• Optimization of products: Our team dedicated extensive efforts to optimize the formulation and characteristics of our products by testing different parameters and variables. This led to the development of improved product formulations with enhanced performance and functionality to replace PMMA and other synthetic polymers from everyday consumer products.
• Testing with industrial players: To ensure the practical applicability of our products, we collaborated with industrial partners for extensive testing and validation. Through these partnerships, we were able to assess the performance and suitability of our products in real-world scenarios. The feedback and insights provided by the industrial players allowed us to further refine our products and align them with market needs.
Altogether, our efforts resulted in significant achievements, positioning us for successful commercialization and adoption of our biobased products in the target market.
To ensure further uptake and success, a key need is acquiring new funding. Additional financial support would enable us to scale up production, conduct further research and development, and expand our reach into new markets. Access to markets and finance is crucial for commercialization and achieving widespread adoption of our products.
In addition to funding, supportive regulatory and standardization frameworks are essential. Clear guidelines and regulations that promote the use of biobased materials and incentivize sustainable practices would facilitate market acceptance and drive the adoption of our solutions.