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Description
Biomyc Ltd. is a start-up company, established in January 2018, in the city of Pleven. The company is specialised in design, development & patenting of mycelium products and packaging. Biomyc Ltd. is exclusive partner of Europe’s leading mycelium composite products producer Grown.bio (Netherlands).
The project tackles the widespread problem of Expanded Polystyrene Foam (EPS), a petroleum-based plastic extensively used in packaging, contributing to environmental pollution and greenhouse gas emissions. Biomyc Ltd. offers a pioneering solution by utilizing mushroom mycelium-based packaging that is both eco-friendly and fully biodegradable. This innovative packaging is created by combining mycelium with agricultural waste, specifically straw or husk.
One of the main issues the project aims to address is the carbon footprint of traditional plastic, which is approximately 6 kg of CO2 per kg of plastic, making it responsible for nearly 4% of global greenhouse gas emissions. Traditional plastic takes thousands of years to decompose, and recycling rates remain dismal, with only 9% of all plastic waste ever produced being recycled.
Biomyc''s project introduces a standardized, cost-effective alternative to custom-made mycelium packaging, targeting the cosmetics, wine & spirits, and pharmaceutical industries. These standardized packaging sets can be mass-produced, providing a scalable and versatile solution that aligns with the concept of a plastic-free circular economy. This innovation is set to have a significant and lasting impact on the EU market, offering an environmentally responsible alternative in the packaging industry. The project''s primary objectives are to develop standardized sustainable packaging solutions using mycelium composite and paper, contributing to a circular economy without plastic. This endeavor aims to enhance Biomyc''s market position, foster growth in turnover, and boost net operational profit.