Plastics App Ltd. News
5 articles
growth-positive
An Exciting New Strategic Partnership Between Kafrit Group and Plastics App - plastics-app
On September 1st, 2024, Plastics App and Kafrit Group announced a strategic cooperation agreement, with Kafrit acquiring 51% of Plastics App shares. This partnership aims to enhance both companies offerings, with Plastics App expanding its customer base and Kafrit gaining advanced technological expertise. Dr. Yanir Shaked will continue as CEO, ensuring continuity in leadership. The collaboration is part of Kafrits strategic plan to unite talent and technology, initiated by the late Nadav Goldstein. This agreement is expected to bring significant value to both companies, allowing them to serve their customers better and enter new markets.
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growth-positive
לגדל מלפפונים על פסולת טקסטיל: הסטארט־אפ שמסתכל אחרת על "סוף חיי הבגד"
TextRe, a company focused on reducing textile waste, has demonstrated significant potential for minimizing environmental damage and achieving profitability. The companys founder highlights the economic potential of viewing waste as a product. Recent studies and evidence have shown the massive pollution and damage caused by the textile industry. TextRes innovative approach positions it as a key player in addressing these environmental challenges, indicating a positive growth trajectory for the company. The article underscores the importance of sustainability and economic viability in tackling textile waste issues.
growth-positive
קיימות, רכב, חשמל ואפילו מזון – שוקלים אם להשקיע בפיתוח בבית או במיקור חוץ? הכתבה הזו בשבילכם - פלסטיק טיים
Plastics App, an Israeli innovation lab founded by Dr. Yanir Shaked, has been operational for nearly a decade, focusing on advanced material development. The company collaborates with major partners like Hyundais technology center and Kafrit, providing expertise in plastic materials and sustainability projects. Plastics App aids startups in achieving technological maturity, offering a full development process from concept to industrial production. Notable projects include biodegradable flip-flops with Balena and conductive composites with NEMO Nanomaterials. The company is expanding into food processing, leveraging its expertise in material processing. These partnerships and projects highlight Plastics Apps role as a key player in material innovation, contributing to its growth and expansion.
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growth-positive
World's first fully compostable footwear on the way - ISRAEL21c
Balena, a startup founded by David Roubach, is pioneering the development of compostable footwear made from BioCir, a biodegradable material. The company aims to address the wastefulness of the fashion industry by offering an eco-friendly alternative to conventional shoes, which can take centuries to decompose. Balenas slides are made from a proprietary blend of natural materials and polymers, and they can be industrially composted. The company has distributed prototypes in Tel Aviv and plans to expand its product line. Balena was launched with support from the Israel Innovation Authority and funding from a British venture capital firm. The company is focused on making its products scalable and affordable, with a mission to achieve 100% bio-based materials.
growth-positive
Household Waste Turned Into Thermoplastic—And Now A 3D Printing Filament—By UBQ Materials
UBQ Materials, an Israeli cleantech company, has developed a climate-positive thermoplastic made from unsorted household waste, which is now being used to create the first-ever waste-based 3D printing filament. This innovation, developed in partnership with Plastics App, is being utilized for prototyping and various creations. UBQs thermoplastic is already used in products for Mercedes-Benz and McDonalds franchises. The company is expanding its operations with a new plant in the Netherlands, aiming to process 80,000 tons of material annually. UBQ Materials was recently named a finalist for a SXSW Innovation Award. The company is also working with industries in logistics, transportation, and construction to further deploy its materials globally.
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