BindEthics Ltd.
Research - Leeds, England, United Kingdom
BindEthics Ltd. Employees
BindEthics Ltd. Senior Management
BindEthics Ltd. Details
At BindEthics Ltd, we aim to revolutionise the engineered wood market, worth €240B globally. This sector is growing fast due to urbanisation (12% CAGR). Major players include IKEA, Egger, and Sonae Arauco.In the process of making engineered wood products such as furniture and construction planks, Formaldehyde-based adhesives are used.Formaldehyde adhesives are unsustainable and have been used since 1940. These chemicals have a huge carbon dioxide footprint, they are toxic, carcinogenic and the glue is in itself the reason why the final piece of furniture cannot even be recycled. Therefore, even if the timber itself comes from a sustainable source the final product does not.Formaldehyde is also an irritant identified by the EU's Scientific Committee on Health and Environmental Risks (SCHER) committee as one of the top five highest priority toxic pollutants that should be removed from production. 90% of engineered wood (plyboard, chipboard etc) furniture and fittings emit formaldehyde." The Prime Minister recently reiterated our objective of making the UK a global science superpower, turning world-leading science and ideas into international solutions for the public good" (Government's Innovation Strategy).At BindEthics we are developing an innovative Bio- adhesive that can replace the formaldehyde-based glue used to make engineered wood products such as furniture. Our research advances with lightspeed to achieve the same physical properties, scalability and manufacurability.The objective is clear and the target in sight: create a bio-adhesive which is nontoxic, sustainable to produce & recycle for a market competitive price.Why are we doing this?We believe that scientific discoveries in combination with commercial intelligence are the foundation to improve all of our lives on earth.
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