Cielo Waste Solutions Corp. V.CMC

Very soon no need to recycle (SUP) plastic

[on-target]

BTW, I don't own stock in (V.CMC). I did for 2 days. Sold cus I saw it for what it is. Just want to help people here.

How One Company Plans To Disrupt the Single-Use Plastics Industry

Targeting the single-use plastics (SUP) market that is worth some US$980 billion per year.

This well connected private (soon to be public) company.Evanesce is a sustainable technology company, with an aim to revolutionize service ware and single-use plastic. 

    Its solution? A 100% compostable and plant-based alternative. This alternative would also decompose quickly, within 90 days in a compostable environment, compared to regular plastic, which could take anywhere from 50 to 200 years. 

   This technology is half the cost of other sustainable plastic alternatives, but Evanesce isn't stopping there. Its next venture will be replacing styrofoam in meat packaging with eco-friendly alternatives. 

   Evanesce isn't trying to tackle this problem on its own. Mills pointed out that the company already has a joint venture with Minima Technologies, Asia's premier brand for compostable products and resins. 

 

"Minima is based in Taiwan. And they've got some of the largest chemical and distribution company players, including China base, Formosa Plastic, and Japan's Mitsui company, one of the largest logistics and trading companies in the world. So through their joint venture, Evanesce is providing a PLA technology that is partly owned, mostly owned by them, and partly owned by Minimax," Mills told Streetwise. 

https://www.streetwisereports.com/article/2023/12/27/how-one-company-plans-to-disrupt-the-single-use-plastics-industry.html

https://evanesce.com/products/

https://evanesce.com/wp-content/uploads/2023/04/Evanesce-Product-Brochure-0423.pdf