A $50 million industry

Running a packaging company, founder of CBPak Claudio Bastos was well aware of the environmental impact associated with the existing $50 million/annum national food packaging industry, that comprises mainly single use and containers.

This motivated him to find a material that could be returned to the earth in a regenerative way in order to eliminate the concept of waste in packaging.

After looking at conventional materials such as styrofoam, which have many problems associated with their use such as pollution in manufacturing and disposal, Bastos and his team began considering alternative, renewable sources and new business models for packaging.

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