PlantSwitch, which opened a manufacturing facility in the US, works with local farms to turn agricultural residues into compostable pellets. That bioplastic resin is then used by manufacturers to make everything from eating utensils, cosmetics containers, toothbrushes and coffee pods.
Using their proprietary technology, PlantSwitch has found a way to create a low-cost, bio-based material, with properties that resemble traditional plastics, that is backyard compostable. “It’s been a long road to get here,” said Baxter, “but we’ve been able to work with technology, financing, and development partners that have helped us along the way to create a product that is truly sustainable, and we are proud of.”
They started commercial production with a 50,000-square-foot commercial manufacturing facility with a 25,000-ton-a-year capacity. The Siemens ecosystem played a crucial role in launching their first site:
Siemens Financial Services (SFS) supported with a $5 million credit line to acquire equipment for the new facility including grinders, a conveyor system, and extruders.
Siemens Digital Industries (DI) has helped get the new facility up and running as well as working directly with PlantSwitch to ensure all equipment has a Siemens specification and spare part services.
Siemens Smart Infrastructure (SI) has helped source an alternative for switchboards after PlantSwitch experienced delays getting power to the new facility.
“The Siemens team has been an extremely valuable partner in helping us build the future of plastics. We began our collaboration at a critical inflection point for PlantSwitch, and they are a major reason for our success. They have provided support across an array of different objectives and demonstrated a high level of expertise in each category,” said Baxter of PlantSwitch’s partnership with Siemens.
As PlantSwitch ramped up production, their goal is to use their hundreds of formulations to compete in every market. They’ve secured contracts with clients across various sectors, including foodservice, gastronomy, and retail. Their remarkable growth has led to the establishment of a new factory in Asia, strategically designed to cater to the burgeoning global demand.