Floreon is an innovative player in the sustainable materials sector, specially focusing on plant-based bioplastics. Founded in 2011 and headquartered in the United Kingdom, the company aims to redefine the use of Polylactic Acid (PLA) by enhancing it for durable applications, setting itself apart from typical disposable PLA products.
Utilizing crops like corn and sugar cane, Floreon offers a sustainable alternative to conventional fossil-based plastics with a carbon footprint up to seven times lower than traditional materials such as ABS and PC. Their product line includes Floreon Therma-Tech, the first of its kind to achieve a UL94V-0 fire resistance rating. Floreon Dura-Tech is suited for robust applications like toys and drink cups, while Floreon Bio-Tech is certified 'OK Compost,' ideal for cosmetic and food applications.
With its advanced technology, Floreon recently secured a £250.00K funding round on 30 May 2024 led by the Centre for Process Innovation, reflecting investor confidence in its promising sustainable solutions.