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|Articles - September 2011|
|Wednesday, August 24, 2011|
Portland’s upcoming ban on single-use plastic bags, which goes into effect in October, is one sign cities — and consumers — are moving away from petroleum-based plastic bags and food packaging. Growth in Oregon’s “biobased” food packaging industry — companies that use plant-based starches to manufacture bags, food containers, and tableware — is another.
Over the past few years, “sales growth has continued unabated to the extent we never really saw a recession,” says Buzz Chandler, president of Stalkmarket, a Portland-based company that makes tableware and food containers out of sugarcane fiber and other plants. Stalkmarket’s growth has been in the high double digits for the past few years, Chandler says, and the company, which got its start in 2003 selling to New Seasons Market, now sells its products in the U.K., Western Europe and Brazil.
Revenues at Trellis Earth, a Portland manufacturer of bioplastic bags and food containers, have increased every year since the company launched in 2005, says CEO Bill Collins. The company, which grossed $3 million in 2010, filed two patent applications for new bioplastic technologies in July. It also signed an agreement with a New York investment bank to underwrite a Nasdaq IPO aimed at financing a new manufacturing facility in Wilsonville, Collins says.
Fueled by concerns about the economic and environmental costs of oil, the plant-based industry faces several hurdles. One problem is that not all biobased products are easily compostable or recyclable. Nor are there clear standards defining what is or isn’t compostable, an important tool for companies who want to capitalize on municipal plastics bans or food composting initiatives.
Although national certifying organizations exist, many cities and waste management facilities develop their own criteria for “compostability.” A case in point is the Recology Inc. facility in North Plains, which began taking food scraps from Portland last year and is developing a list of acceptable bioplastic products. Recology is looking for materials that break down in 60 days, “and we would like to go to 40,” says Chris Choate, Recology’s director and vice president of technology. A San Francisco-based company, Recology earned $538.5 million in 2010, up from $452.7 million in 2006.
Higher cost is another challenge, but that’s beginning to change. One of Trellis’ patent applications covers a bioplastic that uses agricultural industry byproducts such as wheat chaff and soybean hulls. The product doesn’t rely on a food source, which brings the price down and helps make plant-based products a “sustainable solution to the problems created by oil,” Collins says.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Friday, May 30, 2014
BY DEBRA RINGOLD | OB GUEST CONTRIBUTOR
Since 1970 the performance of our public education system has steadily deteriorated.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
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