RWDC Industries is a brand-new start-up wishing to become a bioplastics giant in Athens, Ga.

RWDC Industries is a brand-new start-up wishing to become a bioplastics giant in Athens, Ga.

Daniel Carraway spent his whole career working in paper and bioplastics. The serial entrepreneur began his career at International Paper working in their research division before establishing 2 previous companies that ended up being cornerstones of the bioplastics industry. His latest venture, RWDC Industries, has actually raised $133 million in current funding to build a brand-new sustainable production […] The two guys satisfied through mutual connections as Carraway looked for brand-new opportunities to pursue his long time vision of advertising bioplastics. RWDC, Danimer and Kaneka are all pursuing an opportunity to change plastic product packaging, which was a $234.14 billion market, according to Grand View Research Study.”If you look back at the history of new products advancement … especially polymers … there has actually never been a brand-new polymer that had been developed that didn’t take 20 to 30 years for it to make wide-scale adoption,” said Carraway. Because the brand-new material Carraway is talking about isn’t in fact all that new.”We are thrilled to see RWDC broaden its operations in Athens and include a significant number of brand-new well-paying tasks,” stated Athens-Clarke County mayor, Kelly Girtz….