Carbon Source Announces Beta of Upcycle PLA 3D Printing Filament

Rhea-AI Summary

CarbonMeta Technologies (COWI) subsidiary Carbon Source has launched the beta version of its Upcycle PLA™ 3D printing filament, produced entirely from post-consumer waste plastics. This innovative filament, made from recycled Polylactic Acid (PLA), taps into a fast-growing market projected to reach $1.96 billion by 2026. Carbon Source aims to meet the increasing demand for sustainable 3D printing materials, offering 0.5-kilogram spools priced at $9.99 USD. The company plans to develop filaments with at least 50% recycled polyethylene types, solidifying its position in the eco-friendly materials market.

Positive

• Launch of beta Upcycle PLA 3D printing filament from 100% post-consumer waste.
• Market for 3D printing plastics expected to grow to $1.96 billion by 2026, offering significant potential.
• Partnerships with local organizations enhance sourcing capabilities.

Negative

• None.

CarbonMeta Technologies (COWI) Subsidiary Launches First 3D Printing Filament Made from 100% Post-Consumer Waste Plastics

WOODINVILLE, WA / ACCESSWIRE / March 14, 2022 / Carbon Source, a wholly owned subsidiary of CarbonMeta Technologies Inc. (OTC PINK:COWI), announces the beta availability of its Upcycle PLA™ 3D printing filament made from 100% post-consumer waste plastics.

Carbon Source has developed a 3D printer filament made from recycled Polylactic Acid (PLA), a thermoplastic polyester made from plant starches derived from corn, cassava, sugarcane or sugar beet pulp. The Company has also developed a process to upcycle PLA waste plastics such as clear plastic cold cups, compostable cutlery, compostable packaging, and 3D printing service waste plastics into 3D printing filament.

According to Market Data Forecast, the global 3D printing plastics market size was more than $698 million in 2021, expected to reach $1.96 billion by 2026, registering a CAGR of 28.3%. Carbon Source's innovations give the company unique footing as an early mover in this lucrative, rapidly growing market.

"Demand for 3D printer filament products made from recycled plastics has been growing, but very few companies have successfully upcycled post-consumer waste plastics," said Lloyd Spencer, president of Carbon Source. "Processing post-consumer plastic waste streams into 3D printing products requires close cooperation with sourcing partners such as restaurant service and 3D printing service companies."

Carbon Source currently offers Upcycle PLA, GreenGate3D PET-G and Closed Loop Plastics U-HIPS 3D printer filament products; and plans to develop 3D printer filaments comprising at least 50% post-consumer polyethylene terephthalate (PETE), low-density polyethylene (LDPE), and high density polyethylene (HDPE).

Carbon Source's plastic upcycling partners include SnoCo Makerspace (https://SnoCoMakers.org), PrintStart3D (https://www.printstart3d.com/), Seattle Makers (https://SeattleMakers.org), and Grounds Co. (https://www.facebook.com/Groundscc/).

In addition, Carbon Source offers a 3D printer filament development program to corporate, government and makerspace customers that want to upcycle waste plastic streams into custom formulations.

Availability and Pricing

Carbon Source's BETA Upcycle PLA 3D printing filament are available in 0.5-kilogram spools for $9.99 USD. Customers can purchase Carbon Source's 3D printing filament products on its online store: www.Carbon-Source.com/Buy-Now

About Carbon Source Inc.

Carbon Source Inc. is a wholly owned, U.S.-based subsidiary of CarbonMeta Technologies (OTC: COWI). Its focus is on upcycling post-consumer plastic waste into 3D printing filaments to help build a more sustainable future.

For more information about the company, please visit www.Carbon-Source.com.

About CarbonMeta Technologies Inc.

CarbonMeta Technologies (OTC PINK:COWI) is a resource upcycling company that will process organic wastes and generate economically sustainable hydrogen and high-value carbon products. CarbonMeta's business will include plastic and construction waste upcycling to help address the world's pollution and climate crises. The company is based in Woodinville, Washington, and has several subsidiaries, each with its own focus on high-value solutions for environmental sustainability.

For more information about CarbonMeta Technologies and its subsidiaries, please visit www.CarbonMetaTech.com.

Forward-Looking Statement

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The ability of the Company to complete and file its Fiscal Year 2016 annual report on Form 10K relies on third parties to complete their activities. Investors are cautioned that such forward-looking statements involve risks and uncertainties, which include among others, the inherent uncertainties associated with smaller reporting companies, including without limitation, other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

CONTACT INFORMATION

Mark Duiker
CarbonMeta Technologies Investor Relations
(844) 641-2676, option 3
Investor@CarbonMetaTech.com

SOURCE: CarbonMeta Technologies, Inc.

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https://www.accesswire.com/692851/Carbon-Source-Announces-Beta-of-Upcycle-PLA-3D-Printing-Filament

FAQ

What is CarbonMeta Technologies' stock symbol?

CarbonMeta Technologies' stock symbol is COWI.

When did Carbon Source launch its Upcycle PLA™ 3D printing filament?

Carbon Source launched its Upcycle PLA™ 3D printing filament on March 14, 2022.

What materials are used in the Upcycle PLA™ 3D printing filament?

The Upcycle PLA™ 3D printing filament is made from 100% recycled post-consumer plastic waste.

What is the price of Carbon Source's Upcycle PLA™ filament?

The Upcycle PLA™ filament is priced at $9.99 USD for a 0.5-kilogram spool.

What is the projected market size for 3D printing plastics by 2026?

The global 3D printing plastics market is projected to reach $1.96 billion by 2026.