Becoming a mature material: the role of customers

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Biobased Performance Materials Symposium 15 June 2017, Wageningen, The Netherlands Session 3 Presentation by: Mark Geerts, PaperFoam Title: Becoming a mature material: the role of customers Author: Mark Geerts Contact details: Mark Geerts CEO PaperFoam bv Hermesweg 22 3771 ND Barneveld The Netherlands M +31 6 14964755 S mark.geerts E geertsm@paperfoam.com Curriculum: Mark Geerts studied applied mathematics at Twente University and Groningen University (The Netherlands). After his graduation in 1984 he worked several years at the Institute for Environmental Studies of the University of Groningen. By developing models of the national electricity grid, simulations studies were performed to investigate the possibilities for sustainable energy sources like wind, solar and biogas. He also did evaluation studies on the risks of nuclear energy. After several years at the university he started with some colleagues an IT company GRIP were a.o. software was developed for environmental modelling. He continued the working in the IT sector for many years in a larger company Vertis, formerly subsidiary of the potato starch company Avebe. In this environment the present company PaperFoam was born as a follow up of an Avebe research project. PaperFoam is a company developing, producing and selling PaperFoam packaging: low carbon footprint, biobased packaging for electronics, medical products and food applications. Mark joined PaperFoam in 2008 as the CEO. At present PaperFoam, headquartered in the Netherlands, is present with production locations in three continents and PaperFoam has become known as a new material. Abstract: PaperFoam is a rather novel material. It s development started in the mid 90 s. In many occasions customer demands seemed impossible to realise. But nevertheless, looking back, they brought the company where it is now: a pretty well established material, used by many large companies in the world. The presentation describes the steps taken, and will explain the issues that have been solved. 1/1

All rights reserved 2017

Becoming a mature material: the role of customers What PaperFoam did to become a known and used material? PaperFoam Biobased Performance Materials June 1 5th 2 017 2

Sustainability Biodegradable Pollution free Low in carbon footprint Energy efficient in production Renewable raw materials Home compostable Paper recyclable Pollution free waste products

Applications PaperFoam is applied for protective packaging Consumer electronics Cosmetics Medical devices Dry food

Paperfoam Customer examples

Price winning 2013 Worldstar 2015 Dieline 2017 Ameristar 2017 Dieline

Where we are

Research topics: process Development of the production process Injection moulding, but different from plastic IM Mixing technique Injection technique Cycle times, yields, Evaporation

Research topics: recipes What ingredients work? Biobased Available all over the world Stable in time Pricewise competitive

Research topics: products How to commit to requirements? Design wise fit for use, nice, Coloring and look & feel Strength drop tests Durability climate test Sustainability bio degradable, paper recyclable.

Research over the years 1990 s : moulding machines, molds, initial recipes Early 2000 s: first large orders: yield optimisation 2004: heavier products, climate tests: better recipes 2006: CD/DVD production: lower costs, improved moulding techniques 2008: medical market: improved humidity resistance

Research over the years-2 2010: large volume production: robotisation 2012: champaign bottle: improved humidity resistance 2014: food packaging: sealed PaperFoam 2015: heavier products: other fibers 2016: egg packaging: cheaper recipes.

Life cycle assessments Every Chinese 1 egg box per week in PaperFoam Reduction equivalent of 1 of China s carbon emission

Mark Geerts PaperFoam bv info@paperfoam.com geertsm@paperfoam.com US: +1 (415) 712-6507 EU: +31 6 14964755