Update: the headline was changed to reflect that Novomer's process does not start with plant material and so does not produce a bioplastic.
Novomer, a Cornell University spin-off, has devised a method for making biodegradable plastics from the common gases carbon dioxide and carbon monoxide.
The company on Wednesday announced that Physic Ventures and Flagship Ventures have invested $6.6 million, which Novomer will use to commercialize its technology.
The plastics it intends to make could be used in a wide range of applications, including supermarket packaging, computer cases, plastic bottles, or foam to insulate buildings, said Novomer president … Read more