Bio-on and Sociedad Cooperativa General Agropecuaria have signed an agreement to begin a technical collaboration, the first in Spain, to study and evaluate the opportunity to exploit at industrial scale the Bio-on technologies for the production of PHA bioplastics from sugar beets processing co- and by-products. The two companies will start working together to implement a dedicated and tailored feasibility study for the realization of a PHA industrial plant in Spain, in the factory of ACOR located in the town of Olmedo at Km 153, the selection of this specific production site will guarantee the bioplastic project to benefit from synergies, interconnections and common services with the sugar factory, but without interfering with the latter's production, and specific production capacity will be decided during the project implementation accordingly. In the framework of this agreement, Bio-on grants to ACOR the onerous and exclusive right to exercise in the coming months an option regarding the exploitation of the Bio-on technology in the territories of Spain and Portugal implementing an Industrial Plant for the production and sale of PHAs biopolymers, starting from sugar beets wastes, co- and by-products. As is known, all the Minerv PHA bioplastics (polyhydroxyalkanoates) developed by Bio-on are made from renewable plant sources (and now also lipid) without any competition with the food chains. They guarantee the same thermo-mechanical properties of conventional plastics with the advantage of being eco-friendly and 100% naturally biodegradable. In addition, they offer application possibilities, even completely unpublished, in sectors where traditional plastics are not used.