Jonathan sieff net worth

Polymateria share price

Previous issues with biodegradable solutions have faltered in the past, largely due to the creation of microplastic and lack of compatibility with recycling systems. There has also been confusion from consumers around what action to take once they are finished with the packaging. In order for the circular economy to work, products need to be designed with end of use in mind, ensuring that the materials used are good for all life.

Polymateria provides a missing link for us and we are excited to bring this technology to regions of the world where fugitive plastic is greatest. Together we will also support government and standards bodies around the world to accelerate work on a new standard for biodegradability. On 31 December the company employed a total workforce of 17 In the financial year , Clariant recorded sales of CHF 4.

Founded 4 years ago by Jonathan Sieff and Lee Davy-Martin who brought together a diverse scientific team to scrutinise why previous efforts to biodegrade plastic had been ineffective. This team, led by Dr. Polymateria hired Niall Dunne as CEO in January last year and started to commercialise in May by partnering with some of the biggest brands, converters and distributors in the world.

Biotransformation is setting a new standard in biodegradation by both chemically transforming the polymer and engaging all the natural agents of decay to achieve full biodegradation of the plastic packaging should it be littered in the natural environment, avoiding microplastic, with no impact on recycling, product performance or supply chain processes.

Photo: Clariant. Stefanie Nehlsen Clariant International Ltd. Caroline Schmid Clariant International Ltd. Siria Nielsen EMG.