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Roper Technologies Inc V.ROP.P


Primary Symbol: ROP

Roper Technologies, Inc. is a diversified technology company. The Company operates businesses that design and develop vertical software and technology-enabled products for a variety of defensible niche markets. It operates through three segments: Application Software, Network Software and Technology Enabled Products. The Application Software segment includes Aderant, CBORD, Clinisys, Data Innovations, Deltek, Frontline, IntelliTrans, PowerPlan, Strata and Vertafore. The Network Software segment includes ConstructConnect, DAT, Foundry, iPipeline, iTradeNetwork, Loadlink, MHA, SHP and SoftWriters. The Technology Enabled Products segment includes CIVCO Medical Solutions, FMI, Inovonics, IPA, Neptune, Northern Digital, rf IDEAS and Verathon. Aderant is a comprehensive management software solution for law and other professional services firms. ConstructConnect is a cloud-based data, collaboration, and estimating automation software solutions to a network of pre-construction contractors.


NDAQ:ROP - Post by User

Comment by TheeRookon Jan 14, 2021 4:01am
184 Views
Post# 32292000

RE:RE:RE:RE:RE:News

RE:RE:RE:RE:RE:News Cali found out long ago bioplastics are not all that great.  

 

4 Sep 2018

ARE YOUR PRODUCTS BIODEGRADABLE? YOU BETTER WATCH OUT IN CALIFORNIA


 

California’s law SB 567 prohibits any plastic product sold within the state to be labeled as “biodegradable,” “degradable,” or “decomposable,” or any form of those terms. Moreover, a label cannot “in any way imply that the plastic product will break down, fragment, biodegrade or decompose in a landfill or other environment”. California legislature has declared the use of the terms “degradable,” “biodegradable,” “decomposable,” or other like terms on plastic products are inherently misleading to consumers.”

Civil penalties for violations are assessed on a per product basis and can easily amount to hundreds of thousands of dollars depending on the volume of the orders. One major retailer paid just under $1 million to settle a consumer protection action lawsuit over mislabeling products in this manner

Many companies use terms like “biodegradable” or “compostable” in a very misleading manner to the point that consumers often mistakenly believe that these products are somehow good for the environment. Biodegradation and composting are in fact specialized processes and consumers should be aware of the required conditions and consequences when considering these functions.

So what makes a product “biodegradable”? Any material that comes from nature will be able to return to nature provided that it hasn’t been changed too much by man-made processing. Any plant-based, animal-based or natural mineral-based product has the capability to biodegrade, but they will biodegrade at different rates depending on the original material and how much it has been processed. Products made from man-made compounds formulated in a laboratory are in combinations that do not exist in nature and therefore microorganisms are not able to break them down.








faraj69 wrote: But as researchers around the world work to develop greener varieties and more efficient production processes, bioplastics do hold promise to help lessen plastic pollution and reduce our carbon footprint.


 

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