Ron Whitehouse
Minneapolis, MN (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
BioComposites,Inc.
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Startup
Location:
Minneapolis
Industry:
Technology/Web
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
BioComposites, Inc. is in the process of developing pellets for use in the plastics industry. The pellets are composed of renewable natural resources and are formulated to replace the resins currently used that are oil-based. We use bio-resins; bio-polymers and bio-plastics that are derived from corn, soy beans, beets, sugar cane and potatoes. The bio-polymer is combined with aggregates made from renewable natural resources such as peanut shells, walnut and pecan shells, rice hulls, corn husks, tree leaves and a multitude of other normally discarded products. We are concentrating on the Injection molding segment of the plastics manufacturing industry and the Compounding supply side industry segment. We project that 1/10 of 0ne percent of these markets will produce $43M per annum.