NEXE Innovations Inc V.NEXE

Alternate Symbol(s): NEXNF

Forest Products Paper & Paper Products

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.

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NEXE Innovations Inc

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Post by Betteryear2on Nov 01, 2021 10:00am

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Post# 34072482

Patented Compostable Capsule for Keurig® Brewing Systems

VANCOUVER, BC, Nov. 1, 2021 /PRNewswire/ - NEXE Innovations Inc. ("NEXE" or the "Company"), (TSXV: NEXE) (OTC Markets: NEXNF) (Frankfurt: NX5), a leader in plant-based materials manufacturing, is pleased to announce that its coffee pods using its proprietary filter system are available to purchase at nexecoffee.com. The fully-compostable, plant-based pods, are compatible with Keurig® single-serve brewing systems.

The NEXE Pod is made completely from plant-based materials and is the result of over six years of research and development. Both the NEXE Keurig® and Nespresso® pod formats break down in as few as 35 days in a municipal composting facility, approximately the time it takes for an apple core to decompose.

"After more than 6 years of R&D, we are delivering on our promise to bring to market a fully compostable coffee capsule made for Keurig® brewing systems that utilizes the original Keurig® design. The original Keurig® capsule was engineered to be self-protected, prevent exposure to oxygen and water vapor, maintaining freshness. It was a challenge to meet these requirements while staying true to our mandate to construct a pod from plant-based renewable materials that is fully compostable. We not only met our goals, but we also exceeded them. Our patented design increases coffee extraction, providing a better tasting and bolder cup of coffee, every brew," said Darren Footz, CEO of NEXE.

Grown in the mountains of Peru, the new blend uses 100% certified organic beans and is roasted to perfection for a rich and balanced flavour, medium acidity, with hints of brown sugar, lime, and an apple finish. The NEXE Coffee selection is available in three different roasts: