Comments on: Trellis Earth: Bioplastics Startup, Raising Cash at $60M Valuation? http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/ Helping the Earth with Technology Mon, 23 Nov 2009 20:50:52 +0000 http://wordpress.com/ hourly 1 By: Monica http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-17715 Monica Thu, 25 Sep 2008 01:52:18 +0000 http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-17715 <p>The valuation of Trellis at $60 was validated by a NY investment banking firm when the company was competing for the rights to build a $100M PPC bioresins plant in Texas. PPC is a fully compostable bioresin patented by the Chinese Academy of Science and certified by numerous global standards bodies. Trellis and a consortium of investor candidates lost out to Sinopec for the rights to build the world's first PPC factory after the above article was published.</p> <p>Since then Trellis has adjusted its valuation metrics and fund raising strategies significantly. Currently the company is represented by Sysco and is distributing its product throughout the United States (where it conforms 100% with all product labelling and marketing statutes, including those in California where Trellis enjoys thousands of satisfied users, including the federal government).</p> <p>Trellis is a pioneer in biodegradation technology and is one of the few companies at the forefront of bioresin innovations to create products that degrade in municipal biodigestors, similar to those operating in Toronto -- cornerstones of future zero-waste and "clean compost" initiatives.</p> <p>If all plastics in the US were made with Trellis blends our collective consumption of oil would be reduced by over 600 million barrels annually -- which points out that we have only begun to look at how much global warming is a function of ingrained habits which need not persist if companies like Trellis can help migrate consumer choices to more earth-friendly solutions.</p> The valuation of Trellis at $60 was validated by a NY investment banking firm when the company was competing for the rights to build a $100M PPC bioresins plant in Texas. PPC is a fully compostable bioresin patented by the Chinese Academy of Science and certified by numerous global standards bodies. Trellis and a consortium of investor candidates lost out to Sinopec for the rights to build the world’s first PPC factory after the above article was published.

Since then Trellis has adjusted its valuation metrics and fund raising strategies significantly. Currently the company is represented by Sysco and is distributing its product throughout the United States (where it conforms 100% with all product labelling and marketing statutes, including those in California where Trellis enjoys thousands of satisfied users, including the federal government).

Trellis is a pioneer in biodegradation technology and is one of the few companies at the forefront of bioresin innovations to create products that degrade in municipal biodigestors, similar to those operating in Toronto — cornerstones of future zero-waste and “clean compost” initiatives.

If all plastics in the US were made with Trellis blends our collective consumption of oil would be reduced by over 600 million barrels annually — which points out that we have only begun to look at how much global warming is a function of ingrained habits which need not persist if companies like Trellis can help migrate consumer choices to more earth-friendly solutions.

]]> By: Cereplast to Build Big Ol’ Bioplastics Plant « Earth2Tech http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-5315 Cereplast to Build Big Ol’ Bioplastics Plant « Earth2Tech Tue, 11 Dec 2007 23:12:52 +0000 http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-5315 <p>[...] notwithstanding, the bioplastics industry is starting to gain serious traction, as venture capital takes notice and more and more cities and nations move to ban petroleum-based plastic [...]</p> [...] notwithstanding, the bioplastics industry is starting to gain serious traction, as venture capital takes notice and more and more cities and nations move to ban petroleum-based plastic [...]

]]> By: Georgeonics | San francisco Bags plastic bags http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-4011 Georgeonics | San francisco Bags plastic bags Wed, 21 Nov 2007 02:54:37 +0000 http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-4011 <p>[...] paper bags made of at least 40 percent recycled material or biodegradable plastic bags (made from bioplastics) would be allowed. USA Today cites the cost differential — plastic bags cost one cent per bag, [...]</p> [...] paper bags made of at least 40 percent recycled material or biodegradable plastic bags (made from bioplastics) would be allowed. USA Today cites the cost differential — plastic bags cost one cent per bag, [...]

]]> By: San Francisco Bags Plastic Bags « Earth2Tech http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-3978 San Francisco Bags Plastic Bags « Earth2Tech Tue, 20 Nov 2007 14:02:08 +0000 http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-3978 <p>[...] paper bags made of at least 40 percent recycled material or biodegradable plastic bags (made from bioplastics) would be allowed. USA Today cites the cost differential — plastic bags cost one cent per [...]</p> [...] paper bags made of at least 40 percent recycled material or biodegradable plastic bags (made from bioplastics) would be allowed. USA Today cites the cost differential — plastic bags cost one cent per [...]

]]> By: Edward http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-3648 Edward Thu, 15 Nov 2007 04:08:17 +0000 http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-3648 <p>http://www.worldwise.com/biodegradable.html</p> http://www.worldwise.com/biodegradable.html

]]> By: mark http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-3588 mark Wed, 14 Nov 2007 13:28:12 +0000 http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-3588 <p>Unfortunately, Trellis Earth products are not ASTM6400 certified as compostable/biodegradable which is required to make the claims they do (actually illegal in California). Alot of stuff like this is coming from China.</p> Unfortunately, Trellis Earth products are not ASTM6400 certified as compostable/biodegradable which is required to make the claims they do (actually illegal in California). Alot of stuff like this is coming from China.

]]> By: lamarguerite http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-3472 lamarguerite Mon, 12 Nov 2007 23:42:58 +0000 http://earth2tech.com/2007/11/12/trellis-earth-bioplastics-startup-raising-cash-at-60m-valuation/#comment-3472 <p>You go Trellis . . . I was at the Green Festival this weekend. I must say that drinking out of that corn derived plastic glass did a lot of good for my green conscience. After seeing the 'Synthetic Sea' documentary, I think twice before using anything plastic that is not recyclable.</p> <p>They have won me as a consumer at least. And there are a lot of us wannabe greenies out, who are ready to pay for guiltless plastics.</p> <p>marguerite manteau-rao http://lamarguerite.wordpress.com 'It's All About Green Psychology'</p> You go Trellis . . . I was at the Green Festival this weekend. I must say that drinking out of that corn derived plastic glass did a lot of good for my green conscience. After seeing the ‘Synthetic Sea’ documentary, I think twice before using anything plastic that is not recyclable.

They have won me as a consumer at least. And there are a lot of us wannabe greenies out, who are ready to pay for guiltless plastics.

marguerite manteau-rao
http://lamarguerite.wordpress.com
‘It’s All About Green Psychology’

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