Closed Loop Partners’ Ventures Group announces its follow-on investment in Earthodic, a Brisbane-based biotechnology company creating recyclable bio-based coatings for paper packaging. Earthodic’s Biobarc is a water-resistant, repulpable and recyclable coating for paper packaging, offering a solution for brands and packaging manufacturers looking to transition away from wax and polymer film coatings to reduce plastic waste. Earthodic uses lignin –– a byproduct of paper manufacturing that is often discarded or burned for energy –– and reintegrates it into Biobarc to create a recyclable solution for paper packaging.
