While the world is drowning in a sea of plastic, we witness a global outcry against single-use plastics. People are becoming more environmentally conscious and businesses are looking for more eco-friendly options to replace plastic. One such company that is making a difference in this field is BANC Biopolymers. The company has developed a process to convert agricultural waste into eco-friendly plastic granules that can be used in a variety of applications.
In an interview with the director of BANC Biopolymers, we learned how the company was founded and what its vision is for the future. The director, Anmol Bhatia, who is a robotics engineer by profession, had a keen interest in polymers and collaborated with Punjab Agricultural University and MIT Pune to commercialize some chemical methods to convert agricultural waste into plastics. The inspiration behind this was the major problem of paddy straw burning in Punjab. The company's mission is to reduce paddy straw burning and replace single-use plastics with their eco-friendly plastic granules.
Product Variation & Brand Vision
The company's product is made by blending chemicals with agricultural waste to make granules that can replace single-use plastic granules. The product has the same characteristics as single-use plastics and can be used for injection molding, making cups, packaging materials, and more. What makes BANC Biopolymers unique from other companies in the field is that they make their own granules from locally sourced agricultural waste instead of importing granules from China or Germany.
The company's vision is to be a major player in the biodegradable market by 2027. They plan to make 20-25 blends that vary in price from 100 to 500 rupees per kilo, depending on the application. The company aims to cross 8cr sales by 2024. Their immediate goal is to get certification for their product and commercialize it in the market.
Sustainability & Customer Trust
BANC Biopolymers' product has the potential to reduce environmental concerns associated with conventional non-degradable polymers, such as single-use plastics. The company's eco-friendly polymers can replace petrochemical plastics in a wide range of products, helping to achieve a greener tomorrow. The company is not only reducing the use of single-use plastics but also reducing paddy straw burning, which is a major problem in Punjab.
The company gains customer trust through the quality of their product and their commitment to sustainability. BANC Biopolymers' eco-friendly plastic granules are cost-effective compared to other compostable products available in the market. Customers can also trust the company's commitment to reducing environmental concerns associated with conventional non-degradable polymers.
Silver Lining
BANC is at the forefront of the global movement towards sustainable and eco-friendly materials. With a strong focus on research and development, the company aims to create innovative solutions for the plastics industry, one of the largest sources of pollution in the world. “Our team of experts is comprised of some of the most knowledgeable and experienced scientists in the field.
Together, we are working to develop new biodegradable and compostable materials that are derived from agricultural residues. These materials can replace traditional petroleum-based plastics and help to reduce the environmental impact of plastic waste,” the director highlighted. The management team of the company scrutinizes major agricultural waste available in the market and blends them with biodegradable chemicals to make granules. Additionally, they plan to make other blends for other applications, such as medical-grade plastic and biodegradable cutlery. Moreover, the team of researchers and product developers are constantly working on new ways to improve the performance and sustainability of their materials.
BANC's compostable plastics are made using a unique blend of performance attributes that are not found in traditional petroleum plastics. This allows BANC's customers to create a wide range of innovative products that are both high-quality and sustainable. The range of compostable polymers and granules are used to manufacture products like mulches, disposable cups, 3D printing objects, and packaging materials. BANC believes that by offering a range of sustainable plastic materials, designers and entrepreneurs have the flexibility to choose the right materials for their products without sacrificing quality. In gist, the company is committed to the development of bioplastic materials for innovative and sustainable end-use.
"BANC believes that with dedication to innovation and sustainability they will achieve the goal of completely replacing single-use plastics with compostable plastics.
