Take a look at the space which surrounds you. It’s safe to assume your room or office contains many different things made of plastic. There’s no getting away from plastics. There’s also no getting away from the growing movement of becoming more environmentally responsible. Today’s cultures and large corporations are constantly looking to reduce their impact on the environment. Of all the plastics out there today, about 12% will make it to the recycling depot. I’m sure you can see the issue with this.
To meet the changing demands of the consumer as well decrease their own corporate carbon emissions, massive corporations like “Coca Cola” have started to aggressively make use of plant based plastics, known as bioplastics, which are made from a minimum of 20% plant-based materials like corn and sugarcane. Since 2009, Coca Cola has produced more than 35 billion bottles made with 30% plant based materials and have been working towards a bottle made from 100% plant based material which was revealed to consumers last month. Research and expertise required for these advances in next generation plastics are major investments and are the result of innovative companies that focus on developing the technology. I’m talking about companies like Vancouver’s Solegear Bioplastic Technologies Inc.
1: Green Chemistry at the SoleGear Lab
Solegear Bioplastic Technologies Inc., publicly traded on the TSX Venture Exchange as SGB.V, is an innovator in the field of bioplastics that boasts some of the highest uses of plant-based materials in their proprietary formulas. The company engineers, produces and distributes high-performance bioplastics in resin, sheets, finish packaging, and finish durable products that are used by consumers everyday. Solegear’s mission is to play an integral role in changing, the way we make and dispose of plastic products, allowing our communities to be healthier, safer and stronger.
Solegear (SGB.V) provides investors with an opportunity to join the booming environmentally friendly trend that’s being fueled not only by the responsible consumer, but also by changing government regulations and corporate financial motivators. Recently, Home Depot introduced an “Eco-Fee” on certain products. Their website explains it as “Eco-fees are used to support provincial recycling and disposal programs to keep end-of-life products out of our landfills and waterways. These diversion programs help protect our environment and our communities.” This eco-fee puts pressure directly on the consumer to shop more responsibly, and pressure on the manufacturer to produce responsibly.
CEO of Solegear, Mr. Paul Antoniadis was delighted to work with me and also agreed to an exclusive “Trader’s Boardroom Interview.” Paul provided me with insight on how the company came about, what they’ve been through, and where they’re headed.
Solegear announced Paul Antoniadis as CEO in June. Paul is very well known for his roles with “Best Buy: where he served as Vice President of US Sales, International Senior Vice President and CEO & Executive Director of Best Buy Europe. Paul is also CEO for “Scenario”.
Here’s the Interview with CEO Paul Antoniadis:
Joe Bleackley
TradersBoardroom.com