Polymateria signs $100M licensing deal with Formosa Plastics

Polymateria Ltd. has inked a deal worth up to $100 million to license its biodegradable plastic technology to Taiwan's Formosa Plastics Corp. The company also struck a deal with a supplier to 7-Eleven in Taiwan.

“The company has also inked a deal worth as much as $100 million to license its technology to Taiwan’s Formosa Plastics Corp.”energyconnects.com

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• energyconnects.comBritish Startup Turning Plastic Waste Into Wax Wins Fans in AsiaBloombergSep 23, 2021

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