Nuplas is developing renewable biopolymers to replace petrochemical based polymers in a wide variety of applications, principally in packaging.
Nuplas has negotiated access via licensing arrangements to the foremost technology in the world for the production of second generation Poly Lactic Acid (G2 PLA). It is now proceeding towards establishing market positions and a manufacturing plant.
G2 PLA has superior performance and will sell at a significant premium to first generation PLA and oil-based plastics. This competitive advantage is expected to continue for at least the next 10 to 15 years.
The founder and CEO of the company is Peter Reineck who has extensive international experience in the chemical and environmental service sectors. He has assembled a team of professionals with the capabilities to drive the venture forwards.