Bioelements Group, a leading sustainable packaging company in Latin America and the United States, announced that Bioelements will supply biobased, biodegradable and compostable packaging to Multi X, a leading salmon products supplier.
Multi X was founded 34 years ago as a sea farmer in Southern Chile, and now produces and exports salmon exclusively.
The salmon farming company will replace all the bags it uses for packaging fresh fillets with bioplastic containers produced by Bioelements. As part of its sustainability strategy, Multi X is working to reduce the impact of plastics on the planet with the aim of replacing all the bags that Multi X uses with biodegradable packaging. This equates to the equivalent to 35% of Multi X's annual production and has a positive impact on the United States, the salmon farming company's main export destination.
The technology behind Bioelements' biodegradable packaging has been developed by the company's science team in collaboration with academia, achieving innovative formulations that allow its packaging to biodegrade under the action of fungi and microorganisms. This approach is ideal for Multi X and its goal of reducing its reliance on traditional carbon-based plastic technology for packaging.
This alliance adds to the list of milestones that Bioelements has experienced in recent times, along with the opening of its own laboratory in Santiago and the recognition by the Financial Times as one of the fastest growing companies in the Americas. It continues to make great strides in Latin America markets as well as the newly entered U.S. market, including with such customers as Adidas, Chile-Peru, Australis Seafoods, Justo, Privalia, Walmart Mexico, among others.