“Bioplastics represent a tremendous commercial opportunity for Oakbio’s system. Bioplastics are a growing market worldwide, representing an ideal large tonnage product target for our process, capturing CO2 gas from industrial emissions and converting it into chemical value,” adds Russell Howard, Oakbio’s CEO. “Dr. Schwier will aid Oakbio formulate bioplastics with compositions and properties that will meet high market demands. We are very pleased to welcome him to the team”. Howard, who created and spun out industrial chemicals and bio-fuels company Codexis from Maxygen, both NASDAQ listed, is a pioneer in development of non-petroleum, non-foodstock derived chemicals and fuels.
About Oakbio, Inc.
Oakbio is a private technology-based company in Sunnyvale dedicated to sustainable production of specialty chemicals using novel microbial production processes that combine GHG reduction with manufacture of sustainable specialty chemicals (see.www.oakbio.com)
Media Contact: Russell Howard, CEO, Oakbio, (408) 930-7004; rhoward@oakbio.com




