ASTM D6400

NEXE Innovations Announces Financial Results for the Twelve-Month Period Ended May 31, 2023

Retrieved on: 
Friday, September 29, 2023

VANCOUVER, BC, Sept. 28, 2023 /PRNewswire/ - NEXE Innovations Inc. ("NEXE" or the "Company") (TSXV: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce its financial results for the twelve-month and three-month period ended May 31, 2023 ("Q4 2023").

Key Points: 
  • VANCOUVER, BC, Sept. 28, 2023 /PRNewswire/ - NEXE Innovations Inc. ("NEXE" or the "Company") (TSXV: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce its financial results for the twelve-month and three-month period ended May 31, 2023 ("Q4 2023").
  • Fiscal 2023 was a pivotal year for NEXE Innovations, with several key accomplishments.
  • The Company has transitioned into production and, subsequent to year-end, as previously announced, has onboarded three co-manufacturing customers – a key segment for NEXE.
  • The Company received its occupancy permit, installed and tested key equipment, and started to build out the operations team in March 2023.

NEXE Has Successfully Met the Testing Requirements for BPI Certification

Retrieved on: 
Thursday, June 29, 2023

Replacing single-use plastic and aluminum pods with fully compostable materials has been a daunting challenge, considering the stringent requirements of water resistance, pressure endurance, and heat resilience.

Key Points: 
  • Replacing single-use plastic and aluminum pods with fully compostable materials has been a daunting challenge, considering the stringent requirements of water resistance, pressure endurance, and heat resilience.
  • The BPI certification is expected to provide NEXE's customers with the ability to differentiate their products as environmentally friendly to their end customers.
  • The BPI Certification program is a third-party verification of ASTM standards for compostable products and is intended to protect consumers against false claims and greenwashing.
  • To meet the requirements of the BPI Certification, the product must meet the requirements of the ASTM D6400 or ASTM D6868 standards for compostability.

Ingevity Capa® thermoplastic technology earns Biodegradable Products Institute compostable certification

Retrieved on: 
Thursday, May 11, 2023

Ingevity Corporation (NYSE:NGVT) today announced its Capa® thermoplastic grades are now certified compostable by the Biodegradable Products Institute (BPI), the only third-party verification of ASTM International (formerly known as American Society for Testing and Materials International) standards for compostable products in North America.

Key Points: 
  • Ingevity Corporation (NYSE:NGVT) today announced its Capa® thermoplastic grades are now certified compostable by the Biodegradable Products Institute (BPI), the only third-party verification of ASTM International (formerly known as American Society for Testing and Materials International) standards for compostable products in North America.
  • When tested, Ingevity’s Capa products exceeded the ASTM standard by biodegrading in 84 days with no residuals left behind that exert a negative effect.
  • The Biodegradable Products Institute (BPI) is North America’s leading certifier of compostable products and packaging.
  • Ingevity provides products and technologies that purify, protect and enhance the world around us.

NEXE Innovations Announces Financial Results for the Three-Month Period Ended February 28, 2023

Retrieved on: 
Tuesday, May 2, 2023

VANCOUVER, BC, May 1, 2023 /PRNewswire/ - NEXE Innovations Inc. ("NEXE" or the "Company") (TSXV: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce its financial results for the three-month period ended February 28, 2023 ("Q3 2023").

Key Points: 
  • VANCOUVER, BC, May 1, 2023 /PRNewswire/ - NEXE Innovations Inc. ("NEXE" or the "Company") (TSXV: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce its financial results for the three-month period ended February 28, 2023 ("Q3 2023").
  • NEXE also expects to provide roasting and grinding capabilities in order to provide a fully integrated coffee solution to potential clients.
  • As a result of this transition, NEXE started to reduce its current composite pods inventories to prepare for the switchover.
  • *NEXE Innovations Inc. is not affiliated with, endorsed, or sponsored by Keurig®.

NEXE Innovations Windsor Facility Has Been Fully Commissioned; Achieves a Key Composting Milestone

Retrieved on: 
Thursday, April 27, 2023

NEXE announces that its 54,000 square foot Windsor Facility has been fully commissioned for producing food-grade components for its proprietary single-serve beverage pods.

Key Points: 
  • NEXE announces that its 54,000 square foot Windsor Facility has been fully commissioned for producing food-grade components for its proprietary single-serve beverage pods.
  • The Windsor Facility's proximity to the U.S. – Canada border, skilled labor force, and end-to-end manufacturing capabilities will allow NEXE to scale faster and provide a competitively priced solution," stated Ash Guglani, President, NEXE Innovations.
  • NEXE is producing its fully compostable coffee pod and has shipped samples to various potential clients for sensory testing.
  • Once certified for the Windsor Facility, NEXE will start producing the NEXE pod for customers with current purchase orders in place.

Materials science company Kintra Fibers raises a $8 million Series A led by H&M Group and launches pilots with Reformation, Inditex, and BESTSELLER

Retrieved on: 
Wednesday, April 12, 2023

BROOKLYN, N.Y., April 12, 2023 /PRNewswire-PRWeb/ -- Kintra Fibers, a materials science company that has developed a proprietary bio-based and biodegradable polyester, has successfully raised $8 million in Series A funding in a round led by H&M Group. Notable strategic and institutional investors who co-invested in the round include BESTSELLER Invest FWD, Fashion for Good, New York Ventures (the investment arm of Empire State Development), TRE Ventures, Tech Council Ventures, and FAB Ventures (founded by Odile Roujol, former CEO of Lancôme).

Key Points: 
  • BROOKLYN, N.Y., April 12, 2023 /PRNewswire-PRWeb/ -- Kintra Fibers, a materials science company that has developed a proprietary bio-based and biodegradable polyester, has successfully raised $8 million in Series A funding in a round led by H&M Group.
  • "Our investment in Kintra Fibers' technology is a compelling opportunity to transform the manufacturing process and contribute towards a circular and climate-positive future.
  • "This capability to scale quickly and cost-effectively is a major advantage for Kintra Fibers as they work towards their goal of reducing the fashion industry's environmental footprint."
  • "We are excited to have industry leaders like H&M, BESTSELLER, and Fashion for Good invest in Kintra Fibers.

Harvest Hills USA Launches New Sustainable Doggy Bag Made From Corn Biodegradable-Certified Compostable

Retrieved on: 
Thursday, November 3, 2022

Until an alternative is used instead of running for the plastic bag, things won't change.

Key Points: 
  • Until an alternative is used instead of running for the plastic bag, things won't change.
  • Harvest Hills USA is set to launch an alternative to the archaic plastic bags still in use.
  • They have developed a doggy waste bag that is bio-degradable and sustainable, made from corn, no microplastics are used.
  • And because they're compostable and made from renewable resources, they'll break down completely after use - no landfill waste .

First-Ever U.S. Plastics Pact Sustainable Packaging Innovation Award goes to Smile Compostable Solutions®

Retrieved on: 
Monday, October 31, 2022

DARIEN, Conn., Oct. 31, 2022 /PRNewswire/ -- Smile Compostable Solutions won the compostability category for the first-ever U.S. Plastics Pact Sustainable Packaging Innovation Award.

Key Points: 
  • DARIEN, Conn., Oct. 31, 2022 /PRNewswire/ -- Smile Compostable Solutions won the compostability category for the first-ever U.S. Plastics Pact Sustainable Packaging Innovation Award.
  • Smile is recognized as a business making strides to advance sustainable packaging solutions that contribute to a circular economy.
  • Smile Compostable Solutionsis the only fully-certified compostable turn-key pod system to help an entire brand's offerings go sustainable.
  • Smile utilizes its best-in-class compostable materials for solutions in food packaging, including single-use coffee pods, straws and bags.

Novolex Earns Benchmark BPI Compostable Certifications for Paper Bags and Sacks

Retrieved on: 
Monday, October 24, 2022

HARTSVILLE, S.C., Oct. 24, 2022 /PRNewswire/ -- Duro®, a Novolex® brand, has earned the Biodegradable Products Institute (BPI) certification for numerous products in its Dubl Life® line of paper bags and sacks. The products are among the first on the market to receive this leading certification, further expanding the portfolio of certified compostable products offered by Novolex.

Key Points: 
  • HARTSVILLE, S.C., Oct. 24, 2022 /PRNewswire/ -- Duro , a Novolexbrand, has earned the Biodegradable Products Institute (BPI) certification for numerous products in its Dubl Lifeline of paper bags and sacks.
  • The products are among the first on the market to receive this leading certification, further expanding the portfolio of certified compostable products offered by Novolex.
  • In another first, the bags will also feature the How2Compost and How2Recyclelabels, which inform consumers of how to dispose of the packaging after use.
  • The Dubl Life products are made by Duro, one of the leading manufacturers of paper bags and sacks in North America, and qualify to display the How2Recycle labels on a variety of sacks, self-opening style bags, handle sacks and liquor bags.

C-P Flexible Packaging and Volpi Foods Launch First Fully Compostable Package for Packaged Deli Meats

Retrieved on: 
Tuesday, May 10, 2022

C-P Flexible Packaging (C-P), a leader in the flexible packaging industry, has teamed up with Volpi Foods, a leading manufacturer of cured meats, to launch the first fully compostable package for packaged deli meats.

Key Points: 
  • C-P Flexible Packaging (C-P), a leader in the flexible packaging industry, has teamed up with Volpi Foods, a leading manufacturer of cured meats, to launch the first fully compostable package for packaged deli meats.
  • Since 2020, the company has been converting all products to sustainable packaging, beginning with packages that use less plastic than standard deli meat packaging.
  • When it came time for a rebranding, Volpi wanted to convey the brand promise in each and every package of their products.
  • Volpi chose C-P to engineer this next-generation fully compostable package without compromising durability, machinability or sealing properties.