| Bio-on: revolution in food packaging. Researchers have created the first material to team paper and bioplastic By GlobeNewswire,   April 14, 2016, 07:54:00 AM EDT
 
 Bio-on S.p.A.
 
 Revolution in food packaging. The milk carton goes bio
 
 Researchers at Bio-on and the University of  Tampere (Finland) have created the first material to team paper and  bioplastic designed for the food packaging of the future. It will also  be the only biodegradable material
 
 BOLOGNA Italy - TAMPERE Finland, 14 April 2016-  Imagine a future, very near now, in which cartons for milk, fruit juice  and many other foodstuffs will be 100% biodegradable. Bio-ontoday  announces a major result achieved with its new collaboration with  Tampere University of Technology Finland, one of the most important  centres in the world for research and innovation in the use of paper and  plastic for food packaging. A joint project launched in 2015 has  produced for the very first time tetrapak type containers made of a  combination of paper and bioplastic, namely the special grade EC  (Extrusion Coating) of the Minerv PHA biopolymer developed by Bio-on.
 
 To achieve this extraordinary outcome,  researchers at the two laboratories replaced the polyethylene contained  in current packaging, maintaining all of its impermeability, and for the  first time in history created a material that is totally naturally  biodegradable and of renewable origin that can be easily and safely  recycled.
 
 The Minerv PHA Extrusion Coating project,  launched by Bio-onat the end of 2015, aims to develop specific,  eco-sustainable and, for the first time, fully biodegradable  formulations, in order to make laminates with paper without using films,  but instead fusing the biopolymer directly onto the paper using an  extrusion process, without losing out on the end product's functionality  and aesthetic.
 
 Based on Bio-on's revolutionary biopolymer, 100%  naturally biodegradable and already tested in dozens of applications,  from automotive to design to biomedical, Minerv PHA EC (Extrusion  Coating) is safe and particularly suited for use with food.
 
 "We are extremely pleased to present this  important product created out of the collaboration with Prof. Jurkka  Kuusipalo from the Tampere University of Technology Finland, which has  made the highest number of technological developments in the history of  food packaging in the food & beverage sector," explains Bio-on  S.p.A. Chairman Marco Astorri
 . "Together we demonstrate that it is  possible to develop new functionalities in the use of PHAs biopolymers  in dozens of items".
 
 "It is a great scientific challenge," says Prof.  Kuusipalo of Tampere University of Technology Finland, "to be able to  create new products with an eco-sustainable and completely natural  material. I have been analysing and testing all the plastics bonded to  paper and cardboard for over 20 years. The high interest that the  packaging sector is enjoying gives us new goals for a totally  eco-sustainable "tomorrow". The PHAs made by Bio-on is very versatile  and enables us to achieve performances never seen before. Being able to  do this with completely natural products will put us at the cutting-edge  of research and development in the coming decades".
 
 Bio-on bioplastics are made from renewable plant  sources, some of which is waste, with no competition with food supply  chains, and are 100% naturally biodegradable. "We chose to work with  Tampere University of Technology Finland because they are very oriented  towards industrial production," explains Astorri.
 
 The Minerv PHA EC (extrusion coating) industrial  research and development project produces polylaminate via extrusion of  the molten PHA polymer directly onto the paper or cardboard substrate,  with subsequent cooling and consolidation of the plastic film by passing  through cooled rollers (an overall process entitled EXTRUSION COATING).
 
 www.bio-on.it
 
 BIO-ON S.p.A.
 
 Bio-On S.p.A., an Italian  Intellectual Property Company (IPC), operates in the bioplastic sector  conducting applied research and development of modern bio-fermentation  technologies in the field of eco-sustainable and completely naturally  biodegradable materials. In particular, Bio-On develops industrial  applications through the creation of product characterisations,  components and plastic items. Since February 2015, Bio-On S.p.A. has  also been operating in the development of natural and sustainable  chemicals for the future.
 
 Bio-On has developed an exclusive process for the  production of a family of polymers called PHAs (polyhydroxyalkanoates)  from agricultural waste (including molasses and sugar cane and sugar  beet syrups). The bioplastic produced in this way is able to replace the  main families of traditional plastics in terms of performance,  thermo-mechanical properties and versatility. Bio-On PHA is a bioplastic  that can be classified as 100% natural and completely biodegradable:  this has been certified by Vincotte and by USDA (United States  Department of Agriculture). The Issuer's strategy envisages the  marketing of licenses for PHAs production and related ancillary  services, the development of R&D (also through new collaborations  with universities, research centres and industrial partners), as well as  the realisation of industrial plants designed by Bio-On.
 
 The alphanumeric codes for ordinary shares "ON"  IT0005056236, for ordinary shares "ON" with bonus share IT0005056228 and  for warrants "WARRANT Bio-On 2014-2017" IT0005056210. The minimum unit  of trading envisaged by the Italian Stock Exchange is 250 shares.
 
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