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Lactips expanding after funding

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By Jim Cornall+

11-Sep-2017
Last updated on 13-Sep-2017 at 07:10 GMT2017-09-13T07:10:13Z

Lactips is receiving funding and support for its milk protein projects.
Lactips is receiving funding and support for its milk protein projects.

French company Lactips has announced its project, ECOLACTIFILM, has won a tender from the European Union’s H2020 SME phase 2 program, which brings with it both support and €1.5m ($1.8m) in funding.

Lactips produces water soluble and biodegradable thermoplastic pellets based on milk protein.

Ecolactifilm is the thermoplastic material, water-soluble at room temperature and below, which can be used in water-soluble or edible packaging.

The pellets also biodegrade in less than three weeks; can be printed on; and present a barrier to oxygen.

The company received support in its application from the Incub’Europe program, assisted by Auvergne-Rhône-Alpes Enterprises and by the company BENKE.

Job creation

The company said the funding and support will allow Lactips to open new markets from R&D through to full product commercialization.

Lactips said it would also allow the company to expand from 20 staff to 30, as well as create a turnover of €20m ($23.9m) by 2020.

Lactips will also expand its research with the Jean Monnet University of Saint Etienne – Engineering Laboratory of Polymer Materials with the launch of the program HYDROPRINT to develop a new generation of water soluble plastic filaments to be used for 3D printing.

The project is being supported financially with up to €80,000 ($96,000) by Saint Etienne Métropole and Bpifrance.

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