Yield10 Bioscience, Inc. (NASDAQ: YTEN) was founded in 1992, formerly known as Metabolix, Inc., changed to its current name in January 2017, and is headquartered in Woburn, Massachusetts, USA (in Saskatchewan, Canada) Cartoon City has additional agricultural science facilities and greenhouses) and 20 full-time employees. It is an agricultural biotechnology company engaged in the development of disruptive agricultural technologies in the United States and Canada to increase crop yields and ensure global food security.
Yield10 Bioscience (YTEN):
Yield10 Bioscience is an agricultural bioscience company dedicated to developing disruptive technologies to improve crop yields for food and feed crops and improve global food security. Experts predict that food production must increase by more than 70% in the next 35 years to meet the needs of the growing global population. It is estimated that this number will increase from 7 billion to more than 9.6 billion by 2050.
Yield10 focuses on new agricultural biotechnology methods, through its Smart Carbon Grid for Crops and T3 platform to improve photosynthetic efficiency and directed carbon utilization to improve the basic elements of plant metabolism. Yield10 is working on the development, verification and commercialization of new features, as well as identifying gene editing targets for several major crops, including canola, soybeans and corn.
Yield10 Bioscience (YTEN) product:
- Biopolymers-performance PHA biopolymers, produced in microorganisms, can be biodegraded by similar organisms existing in the soil and water environment.
- Mirel-Mirel soil and marine biodegradable polymers help reduce the accumulation of plastic waste in the environment. Mirel is the product of corn sugar fermentation and proprietary genetically engineered bacteria. In July 2007, Yield10 Bioscience released a 100% biodegradable gift card product for Target . If placed in the home composting area, the card will be completely biodegradable in approximately 40 days.
- Mvera-The Mvera product line is used to include compost bags and tank linings for organic waste, as well as shopping and retail bags that can be reused as compostable organic waste bags. In 2013, Yield10 Bioscience launched Mvera B5010 and B5011. These products are Vinçotte certified and meet EN 13432 compostable plastic standards. These compostable film resins are designed for blown/cast film processing, have opaque (B5010) and transparent (B5011) properties, and have many of the same properties as petroleum-based resins.
- Performance additives-Yield10 Bioscience is developing performance additives for various plastics in traditional and bio-based markets.
- PHA latex-Yield10 Bioscience recently announced that it is developing a new grade of PHA latex for paper coatings.
- Bio-based chemicals-Yield10 Bioscience is committed to producing bio-chemicals, as a high-performance alternative to petroleum-based products, focusing on C3 and C4 chemicals.
- Biobased GBL/BDO-γ-butyrolactone (GBL) and butanediol (BDO) are industrial chemicals produced from hydrocarbons: natural gas, petroleum and other fossil sources. Yield10 Bioscience has developed a system that uses a proprietary FAST system to produce renewable GBL. The GBL can then be converted to BDO through a catalytic process.
- Bio-based acrylic acid-Yield10 Bioscience is developing technology to produce sustainable bio-based acrylic acid. The company is currently developing a FAST process for the recovery of acrylic acid.
- Crop technology-polyhydroxybutyrate (PHB).
Yield10 Bioscience (YTEN) History:
- Metabolix was founded in 1992 and signed a license agreement with the Massachusetts Institute of Technology (MIT). It is a bioscience company headquartered in Cambridge, Massachusetts. Metabolix provides sustainable solutions for the plastics, chemical and energy industries. Dr. Oliver Peoples and Dr. Anthony Sinskey worked at (Massachusetts Institute of Technology) to co-found Metabolix. This work determined the basic methods and means for extracting polyhydroxyalkanoates from plants and bacteria to make them biodegradable.
- In April 2012, Metabolix opened its first international office in Cologne, Germany. The office is located in a strategic location in the BioCampus Cologne Life Science Park, which has been one of the largest biotechnology parks in Germany since 2002. The office opened to provide business development, customer service and technical support to Metabolix’s European business partners and biopolymer customers.
- Currently, Yield10 Bioscience is developing and commercializing high-performance PHA biopolymers for performance additives, film and bag applications, and functional biodegradation. The company’s technology platform is creating sustainable solutions in the fields of plastics, chemicals and energy. The company is also developing a platform to jointly produce plastics, chemicals and energy for crops.