Plastics remain the bane of many environmentalists, but aspiring venture capitalists seem to see polymers in a different light. Two of the top four finishers in this year’s Rice University Business Plan Competition focus on plastics. The winners get star treatment in the current issue of Fortune Magazine in a section headlined “Venture”.
The first place finisher is a new pharmaceutical and number two is an Internet tool for human authentication. And at number three is a project called PK Clean from two students at the Massachusetts Institute of Technology. Their intriguing idea? Conversion of plastic waste into diesel fuel. That should stop all the trash talk about plastics.
At the fourth spot is a project called cyclewood Plastics from a student team at the University of Arkansas. These students have developed a marketing plan for a biodegradable plastic bag made from a byproduct of paper production. OK. That one sounds like a pretty well tried-and tested idea. Many companies are now selling biodegradable plastic bags from a variety or renewable feedstocks. The one edge for cyclewood is use of a waste byproduct in a technology developed at the University of Minnesota. And who knows–maybe their bags will degrade faster than the competition!
Dealing with plastic bag disposal has been the bane of the retail existence for a long time. In retail, we had seen recyclable bags in the past, but they would stick together causing significant waste. The new generation seems to have better success but do not do well in hot environments or storage.
A make-your-own Star Wars Sith Lightsaber hilt is heftier and better-looking than most others out there, according to its maker, Sean Charlesworth. You can 3D print it from free source files, and there's even a hardware kit available -- not free -- so you can build one just in time for Halloween.
Some next-generation bio-based materials are superior in performance to their petro-based counterparts, but also face some commercial challenges. This is especially true of certain biopolymers, adhesives, coatings, and advanced materials.
Cars and other vehicles, as well as electronics and medical devices, continue to lead the use cases for the new plastics products we've been seeing, as engineers design products for tougher environments.
LeMond Composites, founded by three-time Tour de France cycling champion Greg LeMond, is the first to license a new carbon fiber production method invented by Oak Ridge National Laboratory (ORNL) that's faster, cheaper, and greener.
This month will mark the launch of the SpeedFoiler, a super-fast, ultra-lightweight foiling catamaran that can fly short distances over water faster than other foiling designs, in part because of its carbon composite materials.
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