About Novamont
Novamont: Promoting a Sustainable Bioeconomy with Innovative Bioplastics
Novamont is a leading Italian company that promotes a sustainable bioeconomy by developing innovative bioplastics made from renewable resources. The company's Mater-Bi® family of biodegradable and compostable plastics is an excellent example of its commitment to creating eco-friendly solutions that reduce the environmental impact of plastic waste.
Founded in 1989, Novamont has been at the forefront of the green chemistry movement for over three decades. The company's mission is to create value from renewable resources while promoting social, economic, and environmental sustainability. Novamont believes that it is possible to achieve these goals by adopting a circular economy model based on regenerative agriculture, biomaterials production, and waste management.
One of Novamont's most significant achievements has been the development of Mater-Bi®, a range of bioplastics made from starches, cellulose, vegetable oils, and other natural raw materials. These materials are fully biodegradable and compostable under industrial conditions within 90-180 days. Unlike traditional plastics derived from fossil fuels, Mater-Bi® products do not release harmful chemicals or microplastics into the environment when they degrade.
Mater-Bi® can be used in various applications such as packaging films for food products like fresh produce bags or coffee capsules; disposable tableware like plates or cutlery; agricultural mulch films; hygiene products like diapers or sanitary pads; and even toys or fashion accessories. These products offer an alternative to conventional plastics without compromising on performance or quality.
Novamont's approach to sustainability goes beyond just producing eco-friendly materials. The company also focuses on creating value chains that support local communities and promote biodiversity conservation. For instance, Novamont works closely with farmers in Italy to grow crops like corn and potatoes specifically for Mater-Bi® production instead of using land previously dedicated to food crops.
Moreover, Novamont collaborates with municipalities across Europe to implement separate collection systems for organic waste so that it can be turned into compost instead of ending up in landfills where it emits methane gas – one of the most potent greenhouse gases contributing significantly towards climate change.
In addition to its focus on sustainable innovation and community engagement initiatives, Novamont also prioritizes transparency in its operations by publishing annual sustainability reports detailing its progress towards achieving its goals related to reducing carbon emissions (Scope 1 & 2), water consumption reduction targets (SDG6), responsible sourcing practices (SDG12), among others.
Overall, Novamont stands out as an exemplary company committed not only towards developing innovative solutions but also towards promoting social responsibility through sustainable business practices aimed at preserving our planet's natural resources for future generations while generating economic growth opportunities today!
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