W-Cycle and Melhoramentos Join Forces to Produce Compostable Food Containers

W-Cycle, Ltd., an innovator in sustainable food packaging, and Melhoramentos, a publicly traded Brazilian company with activities spanning publishing, renewable forestry, and real estate (Altea), have announced a strategic partnership. Together, they aim to produce compostable packaging made from renewable materials that naturally decompose within 100 days.

The agreement, valued at a minimum of $3.45 million and set for an initial term of three years, involves the supply by W-Cycle to Melhoramentos Latin America with its proprietary food-grade packaging formula and consulting services. These resources will help Melhoramentos produce its new advanced biodegradable packaging. Melhoramentos will also incorporate their own high-performance cellulose fibers sourced from their extensive renewable forestry operations covering more than 80 million square meters.