Startup invents 'speedy' self-decomposing plastic, 'poured' nearly 1 million USD

PVA PRO - A startup providing technology solutions for water-soluble polymer packaging production has just successfully raised capital of nearly 1 million USD from the ITI Innovation Startup Investment Fund (ITI Fund).

Normally, traditional plastic will take more than 450 years to decompose, while bioplastics need special environmental conditions at factories to decompose in 6 - 12 months. Products from the compound PVA (Polyvinyl alcohol) only take 30 - 60 minutes to dissolve in warm water (70 degrees Celsius) .

PVA Pro packaging possesses special properties and has wide applicability.

Around the world, PVA material has been used to produce laundry detergent film, medicine film, etc. However, because it is opaque and often dissolves immediately in cold water, it is not suitable for packaging. . Therefore, PVA PRO products with thin, transparent properties and only dissolve quickly in hot water environments are promised to have wider application.

'Currently, we have completed research on environmentally friendly packaging products used in the garment and fashion industry. Our goal is to continue researching and bringing PVA PRO solutions to other fields such as retail and fast-moving consumer goods (FMCG) ," said Ms. Thai Nhu Hang - co-founder of PVA PRO.

This startup's PVA PRO packaging solution is described as ensuring the toughness of regular plastic, can be applied for a variety of purposes, does not create microplastics, and does not endanger animals and ecosystems. natural ecology. This also shows the enthusiasm of the founding team with the desire to improve the current situation of 1.8 million tons of plastic waste in Vietnam and 300 million tons in the world.

Mentioning the motivation leading to the decision to invest in PVA PRO, Ms. Dang Thi Kieu My - Director of ITI Investment Fund shared: 'We are completely convinced by PVA PRO's solutions developed by a team Experienced, dynamic and capable team. In addition, in the market context when a series of major brands in the world are increasingly serious about sustainable development, this will be the key point for PVA PRO to develop its potential and provide customers and consumers. truly green and quality products'.

In addition, Mr. Raphael Cazalbou - CEO and co-founder of PVA PRO expects that with nearly 1 million USD in investment capital and strategic consulting and operational support that the business will receive from ITI Investment Fund, PVA PRO There will be important strides in improving production capacity, developing new products and expanding business markets, contributing more sustainable values ​​to the community.