Caleyda

Polyhydroxyalkanoate (PHA) bioplastics hold great promise for replacing a large portion of fossil plastics. Besides being fully biodegradable in nature, our PHA copolymer Caleyda® has enhanced material properties, is affordable and produced from organic residual streams. Affordability in PHA production is a breakthrough as price has been a significant market adoption barrier by larger players in the plastics industry, operating on very low profit margins. The stark misalignment between Europe's ambition to phase out plastics, and the availability of satisfactory alternatives, has created a critical gap in the market. Today, polylactic acid (PLA) holds the largest share of the bioplastics market. But unfortunately, as PLA doesn’t biodegrade in nature, it adds to microplastics pollution. The large majority of PHA producers use virgin crops as feedstock, negatively impacting food security and feed production capacity. Today, the European PHA market is underserved by local producers, relying heavily on imports from Asia and the US. We are ideally positioned to become Europe’s largest PHA supplier. We are the only player to successfully scale production to 10 t/y using mixed-culture fermentation of residual streams. Once scaled further, Caleyda will accelerate the transition to a circular bioplastics economy by making a distinctive impact on the reduction of plastic pollution, emissions, and valorisation of industrial organic streams. Together with licensing partners, our goal is to produce 10 Mt of Caleyda by 2050.