LATI confirms its motivation to sustainability and to giving alternatives to fossil fuel plastics with the signing of a distribution settlement with The Hemp Plastic Enterprise
Printed: Oct. 18, 2021 at 2:05 AM MDT|Updated: 4 hours ago
VEDANO OLONA, Italy and BOULDER, Colo., Oct. 18, 2021 /PRNewswire/ — LATI Industria Termoplastici of Vedano Olona, Italy (“LATI”), a leader in self-extinguishing and substantial general performance thermoplastic compounds, and The Hemp Plastic Company, of Boulder, Colorado, United states of america (“THPC”) a foremost provider of sustainable hemp plastics these days declared that the parties have signed an arrangement for the distribution of The Hemp Plastic Company’s line of ecological hemp blended plastics. These hemp plastics are usable across diverse sectors in the plastics field, from packaging to automotive, from home furnishings to toys, and several many others.
The street to a greener foreseeable future undertaken by LATI, a person of the most significant European producers of technical thermoplastics for engineering use, carries on thanks to this arrangement with The Hemp Plastic Firm for the distribution of environmentally friendly compounds that can tackle the complex, safety and source demands of various industrial sectors.
For a long time LATI has been fully commited to supplying solutions to plastics dependent solely on non-renewable sources, with a lower environmental effect. LATI’s array now features sustainable products and solutions these types of as compounds dependent on polymers from mechanical or chemical recycling or from renewable sources. The themes of reuse and circularity have been in LATI’s DNA considering that its basis in 1945, when Cosimo Conterno founded the 1st factory to recycle war remnants. Because then, LATI has by no means abandoned its vocation in direction of circular economic climate and sustainability.
“We are pleased to be working with LATI to provide our line of environmentally helpful hemp polymers to the European marketplace,” stated Glen Kayll, CEO of The Hemp Plastic Company. “Hemp is a single of nature’s biggest organic carbon absorbers, and with each other with a leader like LATI, we can accelerate our mutual customers’ transition to sustainable choices that cut down plastic and carbon emissions and are reasonably priced, out there in quantity and somewhat simple to put into action.”
“Sustainability has always been a essential value for LATI that guides the way of conducting business and relating to all stakeholders,” – said Vittorio Gerola, Income Director of LATI. “Thanks to the partnership with The Hemp Plastic Firm we give an more resolution to the sustainability objectives of our buyers, and to lower carbon emissions.”
LATI Industria Termoplastici S.p.A.
Established in 1945, LATI Industria Termoplastici S.p.A. is an impartial European compounder at the forefront of self-extinguishing and high-performance thermoplastic compounds. Thanks to its technical abilities and an particularly various item portfolio, LATI is able to supply prospects with an remedy to the most demanding applications necessitating distinctive supplies and unique style know-how.
All LATI’s items are created and designed to satisfy the most complicated needs of its buyers and in accordance to the strictest quality controls. Mostly included in the market of compounds for electrical and electronic tools, home appliances and automotive, LATI presents methods for any sector with a target on sustainability and circular economic system.
The enterprise is characterised by an once-a-year manufacturing capacity of 40,000 tons developed in the two internet sites of Vedano Olona and Gornate Olona, 2,400 active formulations, 282 employees and about 2,000 clients. LATI accomplished revenue of EUR 130.9 million in 2020.
The Hemp Plastic Organization
Established in 2018, The Hemp Plastic Firm develops, manufactures and sells state-of-the-art hemp biocomposites for foremost organizations all-around the world, together with those people in the packaging, part, durable goods, agricultural, industrial, sheet and development marketplaces. The Business gives a extensive assortment of competitively priced normal and customized polymers to satisfy distinct customer needs. For additional facts about THPC, stop by the Company’s site at www.hempplastic.com.
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