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:: North East Bioresources & Renewables :: News details ::
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News details

£8m boost for Wilton firm

Teesside firm which is developing the latest biopolymers technology has had a £8m boost.

Plaxica, which employs 20 people at the 75-acre Wilton Centre, has raised significant additional finance from its existing main investors, Imperial Innovations, Invesco Perpetual and NESTA.

A technology and licensing company focused on the production of next generation biopolymers and platform chemicals from renewable resources, Plaxica is targeting the rapidly growing global polylactic acid (PLA) market that is expected to reach $1 billion by 2016... Read more>


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