CNH is investing an undisclosed amount in a Canadian start-up that is developing a compostable version of bale net wrap.
Nature’s Net Wrap — based in Alberta — will use the funds to support testing and validation of its biopolymer material that’s designed to replace plastic twine and wrap, which eventually end up in landfills or incinerators.
The net wrap is designed to hold up structurally, but will also naturally break down in the soil or can be composted, according to a news release from CNH.
CNH expects the compostable net wrap will reduce plastic waste by approximately 2.5 million tons per year.
Nature’s Net Wrap is using a New Holland baler to produce bales in the testing phase, with initial product launch planned for 2024, says CNH.
The investment is being made through CNH Ventures.
