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PVA PRO, a startup providing technology solutions for producing water-soluble polymer packaging, has successfully raised nearly 1 million USD from the ITI Innovation Startup Investment Fund (ITI Fund).
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| Mr. Raphael Cazalbou, CEO and co-founder of PVA PRO, introduces the company's solutions and technology. |
Founded in 2021 by experts with many years of experience in the same field, PVA PRO's packaging solutions both ensure the flexibility of conventional plastic and can be applied for multiple purposes, do not create microplastic particles, and do not pose a danger to animals and the natural ecosystem. This also demonstrates the dedication of the founding team to the desire to improve the current state of plastic waste in Vietnam.
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PVA Pro packaging with wide application, environmental protection |
Traditional plastics typically take hundreds of years to decompose, while biodegradable plastics require special environmental conditions at factories to decompose in 6 to 12 months, while products made from PVA (Polyvinyl alcohol) compounds only take 30 to 60 minutes to dissolve in warm water (70 degrees Celsius).
“We have now completed our research on environmentally friendly packaging products used in the garment and fashion industry. Our goal is to continue researching and bringing PVA PRO solutions to other areas such as retail and fast-moving consumer goods (FMCG),” said Ms. Thai Nhu Hang, co-founder of PVA PRO.
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Startup PVA PRO won first prize in "Sustainable Enterprise 2022" |
Ms. Dang Thi Kieu My, Director of ITI Fund shared: “We are completely convinced by PVA PRO’s solutions developed by an experienced, dynamic and capable team. In addition, in the context of the world market with big brands increasingly serious about sustainable development, this will be the key point for PVA PRO to promote its potential, providing customers and consumers with quality and green products”.
Mr. Raphael Cazalbou, CEO and co-founder of PVA PRO, expects that with nearly 1 million USD in investment capital and strategic and operational consulting support that the business receives from ITI Investment Fund, PVA PRO will make important steps in improving production capacity, developing new products and expanding business markets, contributing more sustainable values to the community.
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