24 July 2019
PRESS NOTE BIO-ON
BOLOGNA, 24 July 2019
- Bio-on S.p.A., listed on the AIM segment of Borsa Italiana and operating in the high-quality bioplastics sector, following the previous note, communicates and specifies the following.
Bio-on S.p.A. proprietary PHA production plant, located in Castel San Pietro Terme (BO), with an annual capacity of 1,000 t/y, is fully operative and active in PHA production. The production plant of Bio-on S.p.A. is central to the Company's business to create a new standard in the PHA production, proved on industrial scale, and accelerating PHA spread in the biopolymers market. On the Company's website, since 17 July 2019 a video is available that traces the construction phases of the plant and shows the current production. The production achieved so far has been used for the time being by the Company for the production of solar products within the joint venture Aldia S.p.A. in partnership with Unilever (press releases of 28 January 2019 and 8 April 2019) and furniture within the partnership with Kartell S.p.A. (press release 8 April 2019), already on sale on the market. Faced with the willingness to visit the plant given by the Company during the Shareholders' Meeting for the approval of the financial statements of 30 April 2019, the production plant has been visited over the last few months by multiple public, financial and industrial players, to whom the full operation of the same was shown.