Bio-on S.p.A., announced the creation of AMT Labs S.p.A., NEWCO dedicated to the study, development and production of innovative materials for the tobacco world. AMT Labs company founded by Bio-on S.p.A. and capitalised with EUR 10 million sees the entry of GimaTT, with a 20% share for an investment of EUR 2.2 million. All the PHA bioplastics (polyhydroxyalkanoates) developed by Bio-on, are made from renewable plant sources with no competition with food supply chains; they can substitute many traditional polymers obtained by petrolchemical processes using hydrocarbons as raw materials; moreover, they guarantee the same thermo-mechanical properties of the traditional plastics with the advantage of being completely eco sustainable and 100% biodegradable naturally.

AMT Labs will expand the presence of Bio-on and GimaTT also in the field of cutting-edge materials allowing the company to enter into new strategic sectors.