Bill Gates to invest in bioplastics firm Renmatix

摘要

COMPUTER technology icon Bill Gates is investing in a company that could provide a lower cost route to biochemicals that can be turned into plastics. Gates and French energy giant Total SA have committed $14 million to help Renmatix Inc. commercialize its Plantrose technology, which converts waste biomass into cellulosic sugars, which in turn can be feedstock for making bio-based plastics. "This investment moves forward our vision of biorefineries," said Renmatix CEO Mike Hamilton in a phone interview.