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NEXE Innovations Inc NEXNF


Primary Symbol: V.NEXE

NEXE Innovations Inc. is a Canada-based company, which operates as a manufacturer of fully compostable materials. The Company is focused on providing compostable material solutions and packaging to the business-to-business (B2B) segment to help businesses achieve their sustainability goals. It designs, manufactures, and commercializes fully compostable materials for everyday consumer product. It has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. The Company's flagship product is its BPI-certified compostable single-serve beverage pods that are compatible with single-serve coffee-format machines (the NEXE Pods). The NEXE pod is compatible with major coffee brewing machines and is manufactured at the Company's vertically integrated facility based in North America. It provides compostable solutions for a variety of uses and products, including tea, yogurt cups, cosmetic, and pharma containers.


TSXV:NEXE - Post by User

Comment by Spydogson Mar 25, 2021 3:04am
184 Views
Post# 32873276

RE:RE:Plan to move towards vertical integration

RE:RE:Plan to move towards vertical integration
What’s the Difference Between Biodegradable and Compostable? (greenmatters.com)




What does it mean when a package says biodegradable?

If the packaging on a product reads biodegradable, it basically means that it will eventually break down if that product were to end up in a landfill; however, it would emit greenhouse gases while doing so.
 
This essentially means that the biodegradable tag is little more than perfunctory because the key thing to understand is how long it takes a product to biodegrade. If you’re looking for environmentally-friendly products, look for those that biodegrade in less time. 
 
And unfortunately, some brands will use the phrase "biodegradable" on their packaging as a marketing term, even if the product is not actually biodegradable — so always do your research to make sure you're not being greenwashed.
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