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BioCellection is a for-profit startup, developing advanced technologies to transform unrecyclable plastics into virgin-quality chemicals for sustainable supply chains. By focusing on the 92% of plastic waste too contaminated and difficult to recycle, we are unlocking a massive resource that leads to unprecedented opportunities. Our modern world is enabled by plastics. To keep our world beautiful, we need to use plastic waste sustainably. We envision a future where all end-of-life plastics will be recycled indefinitely. To achieve this goal, we must develop and scale key innovations to turn plastic waste into quality products that can serve sustainable markets. We`re pushing the frontiers of innovation in the field of plastic recycling by developing novel, scalable, and sustainable processes that treat hard-to-recycle plastic waste. We partner with organizations to scale and deploy the inventions that we build to make big impacts around the world.
Sirrus, a Chemical Start-up, based in Loveland, OH, USA and founded as Bioformix in 2009, has developed cost advantaged processes to produce reactive monomers at high purities. Its leading target monomer, diethyl methylene malonate, or DEMM, together with its derivatives, or MM-D, can be used in a variety of applications where customers in a broad range of markets value faster cure times, lower solvent usage and are faced with legislation restricting the use of incumbent formulation components. Sirrus has developed a robust patent portfolio, consisting of ~50 patents that address process technologies, methods of application, initiation, formulation and stabilization, as well as composition of matter for certain homopolymers, copolymers and hybrid polymers. Masanori Ikeda, President of Nippon Shokubai, said “It is rare to find a platform monomer company like Sirrus to provide best in class reactive monomers and materials to its customers. Combined with Sirrus` intellectual property position, track record of innovation and access to a broad range of customers and applications, the transaction is a strong strategic fit for Nippon Shokubai”.As a wholly owned operating subsidiary of Nippon Shokubai, Sirrus will have access to additional resources to accelerate the development and commercialization of DEMM and MM-D, including in the areas of manufacturing, regulatory, capital planning and sales and marketing. As part of the transaction, the management team of Sirrus will continue in their current roles. Moving forward, both companies will conduct collaborative operations for early establishment of supply chains and market entry, targeting the start-up of the first commercial plant in 2019
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