The idea has always been only one since 2008: to reduce the world's pollution, eliminating polluting plastic and fake biopolymers. It can be done thanks to the diffusion of the only high quality biopolymer, 100% biodegradable in nature and which can also be produced from agricultural waste: polyhydroxyalkanoate, PHA.
This was done by Bio-on. The technology that was developed required the work of hundreds of people for over 10 years. An uninterrupted work day and night and with great results. We have gone where no one had succeeded before. Plants operating on a large and pilot scale, with products just placed on the market in 2019. Then suddenly they wanted to stop us. From there we will start again. It can also be a warning to all speculators and technological ignorants: "what has been done to us will not stop progress". Together with the technicians, sooner or later we will continue what began in 2007 and we will continue to give an alternative to plastic from oil, with new projects. This is my life, my mission. Since the road has been found and we have already managed to achieve it once, we will continue on and we will do it again because there is someone in the world who wants to win this challenge has been, is and will be.
Here is a photo album spanning 13 years of hard work, devastated by sick finance that wanted to speculate on an extraordinary Italian start-up and by competitors who wanted to stop a healthy and successful company.
My greatest pride is having made a company grow, hiring employees and collaborators from 2008 to 2019, explaining to them that the mission of creating the biopolymer that could save the world from plastic pollution would have a finish line beyond our generations. This is why I tried to hire everyone on permanent contracts. For this reason I have never fired anyone in my life as an entrepreneur and all the employees of Bio-on and Bio-on plants, until they took the company from us, have always received what they were owed. The social aspect is important for those who carry out innovative projects. We can say that we have always been opposed to the big international banks and financial speculators, who in fact never miss the opportunity to treat their collaborators like cannon fodder.
Extract from the article by Paolo Mastrolilli for "la Repubblica"
GOLDMAN SACHS WITH 3 BILLION IN PROFITS PREPARES TO FIRE FOUR THOUSAND
December 18, 2022
As much as $36.77 billion in net revenues in the first nine months of 2022, and 4,000 layoffs ready for 2023. How do you explain this contradiction in terms of Goldman Sachs? Why does a bank that collects more than the Italian state finance company in nine months fail to protect the employees who have enabled it to be so successful, or even try to?
The answer lies in the essence of what allows American capitalism to thrive, and in the hope that when the cows get fat again, all the layoffs will find a better job. 2021 had been a record year, for Goldman Sachs and for companies in the financial sector. After the Covid crisis Wall Street had started off again in a big way, with a boom in the M&A sector, the mergers and acquisitions of which the bank led by David Solomon is a specialist.
So he had hired, perhaps too many, going from 38,000 employees in 2019 to 49,000 in September. To attract talent, he had offered stellar salaries and bonuses, to steal them from the competition. All this inflated the costs, but in a period of great growth they were bearable. In the same months of 2021, however, the Federal Reserve made the huge mistake of not recognizing the threat of inflation, judging it to be transitory.
So he continued to secure the easy money that helped companies like Goldman Sachs line their pockets, but he also sowed the seeds for the 2022 crisis, when it became clear that the price run was not a passing phenomenon, forcing the president Powell to raise rates in a way that hasn't happened since the 1980s. Result: in the third quarter the bank saw its profits drop by 43%, to "only" 3.07 billion dollars. [...] Other banks are doing the same, such as Morgan Stanley which has cut 1,600 jobs. [...] Of course, hearing that a bank with 36 billion in net revenues in nine months is preparing to preemptively fire 4,000 employees makes your skin crawl [...]
Since 2014 the great success of the company is the sum of a long series of internal and external excellences that I have guided incessantly from the foundation until the day in which the Public Prosecutor's Office of Bologna decided to stop me listening to a sixteen-year hedge fund supported by a technical consultant in conflict of interest because he is a member and "fan" of a historical company, producer of compostable biopolymers. Research and investments in support of scientists have given rise to a series of patents useful for humanity. All of this was interrupted by the Bologna Public Prosecutor's Office in just a few months, supporting a speculator whose accusations have already turned out to be baseless. Was it worth it?
BIO-ON HAS ALWAYS COLLABORATED ACTIVELY WITH NUMEROUS ITALIAN AND FOREIGN UNIVERSITIES AND RESEARCH CENTERS, FINANCING RESEARCHERS AND UNIVERSITIES. AMONG THE MOST IMPORTANT WE LIST THE FOLLOWING:
Research and development expenses commissioned to Italian and foreign universities and researchers, increased during 2016 following developments in research into the applicability of Bio-On's PHA. In the last 3 years of operation, € 3,487,486.00 have been invested (from 2016 to 2018). Overall, from 2008 to 2018, around 10 million euros were invested in research and development.
1_NATIONAL INTERUNIVERSITY CONSORTIUM FOR MATERIALS SCIENCE AND TECHNOLOGY RESEARCH ON THE TREATMENT OF SUBSTRATES BY-PRODUCTS (LEVULINIC ACID) 12 MONTHS
2_NATIONAL INTERUNIVERSITY CONSORTIUM FOR MATERIALS SCIENCE AND TECHNOLOGY RESEARCH SUBCONTRACT (SEAFRONT) DEADLINE JUNE 30, 2017 UNIVERSITY OF BOLOGNA RESEARCH CONTRACT (R&D) 12 MONTHS
3_UNIVERSITY OF BOLOGNA 2015 CONSULTANCY CONTRACT (50%MAGNA) 12 MONTHS
4_UNIVERSITY OF BOLOGNA 2015 CONSULTANCY CONTRACT (50% CURRENT RESEARCH EXPENSES) 12 MONTHS
5_UNIMORE 2015 RESEARCH CONTRACT 6 MONTHS
6_TAMPERE UNIVERSITY (FINLAND) OF TECHNOLOGY 2015 RESEARCH CONTRACT (EXTRUDER) 12 MONTHS
7_JURKA KUUSIPALO (FINLAND) 2015 RESEARCH CONTRACT 12 MONTHS
8_UNIVERSITY OF BOLOGNA 2015 RESEARCH SCHOLARSHIP DEADLINE 31 OCTOBER 2018
9_NATIONAL INTERUNIVERSITY CONSORTIUM FOR MATERIALS SCIENCE AND TECHNOLOGY 2015 RESEARCH AGREEMENT "POLYDROXYALCANOATE APPLICATION FOR RESTORATION" 12 MONTHS
10_PHA BIOPLASTIC FROM BIOMASS UH (UNIVERSITY OF HAWAII, USA) 2015 RESEARCH CONTRACT 5 YEARS 2020
11_UNIVERSITY OF SALERNO 2016 RESEARCH ACTIVITY AGREEMENT 11 MONTHS UNIMORE 2016 RESEARCH AGREEMENT 1 MONTH
12_NATIONAL INTERUNIVERSITY CONSORTIUM FOR MATERIALS SCIENCE AND TECHNOLOGY 2016 NANOFORMULATION RESEARCH CONTRACT COMES 12 MONTHS
13_ JURKKA (FINLAND) 2016 10 MONTHS EXPIRY 2017
14_TAMPERE UNIVERSITY OF TECHNOLOGY 2016 RESEARCH CONTRACT 10 MONTHS EXPIRY 2017
15_UNIVERSITY OF BOLOGNA 2016 RESEARCH CONTRACT APPLICABILITY OF GREEN PLASTIC TO BIOMEDICAL 12 MONTHS
16_UNIVERSITY OF BOLOGNA 2016 CONSULTANCY CONTRACT 12 MONTHS
17_IAMC/CNR MESSINA 2016 BIOREMEDIATION RESEARCH CONTRACT 12 MONTHS
18_IOR 2016 INDUSTRIAL RESEARCH 12 MONTHS
19_UNIMORE 2016 RESEARCH / CONSULTANCY 2016 INVENTOR 14 MONTHS
20_UNIMORE RESEARCH CHECK 2016 RESEARCH OF INTERACTION BETWEEN BIOMATERIALS AND BACTERIA 12 MONTHS
21_UNIVERSITY OF MILAN RESEARCH CONTRACT 2016 RESEARCH: DEVELOPMENT OF BIODEGRADABLE ELECTROACTIVE ACTUATORS BASED ON POLYHYDROXYALCANOATES 12 MONTHS
22_UNIVERSITY OF BOLOGNA NANOFORMULATION OF PIEZOELECTRIC AND CONDUCTIVE NANO PARTICLES WITH POLYHYDROXIALKANOATES FOR APPLICATIONS IN SOFT ROBOTICS 2016 12 MONTH SCHOLARSHIP RESEARCH
23_UNIVERSITY OF MILAN ADDENDUM RESEARCH CONTRACT WITH UNIV. MILAN 2016 RESEARCH CONTRACT-FORMULATION OF ELECTRICALLY CONDUCTIVE INKS. 9 MONTHS
24_CONSORZIO FUTURO IN RESEARCH 2016 RESEARCH CONTRACT "EVALUATION OF MICROBIOLOGICAL STABILITY" 12 MONTHS
25_CONSORZIO FUTURO IN RESEARCH 2016 RESEARCH CONTRACT TO INCREASE PHA SOLUBILITY IN ORGANIC OR MIXED AQUEOUS SOLVENTS. TIED TO SEAFRONT 12 MONTHS
26_IST FOUNDATION ITALIAN. GENOA TECHNOLOGY. PROF. CINGOLANI 2016 RESEARCH CONTRACT 12 MONTHS
27_FONDAZ.ADRIANO BUZZATI - TRAVERSE - MARIO CHIARIELLO 2017 RESEARCH OF THERAPIES FOR BRAIN TUMORS 12 MONTHS
28_EMP. CLINICAL BIOLOGICAL SCIENCES UNIV. TURIN 2017 RESEARCH ON THE USE OF PHA PIPES FOR RECONSTRUCTION PERIPHERAL NERVES 24 MONTHS
29_On 03/27/2017 INSTITUTE OF CLINICAL PHYSIOLOGY CNR IFC DEVELOPMENT OF PROCEDURES BASED ON BIO-IMAGES FOR THE NON-INVASIVE STUDY OF THERMOGELS PRODUCED BY BIO-ON
30_On 03/04/2017 SOFT MATERIAL TECNOLOGIES RESEARCH ANALYSIS SOLUTIONS TECNOL SFRUTT. PIEZOELECTRIC PROPERTIES OF POLYMERS
31_On 10/04/2017 UNIMORE RESEARCH, DEVELOPMENT OF FORMULA. AND PRODUCTS BASED ON POLYHYDROXYALCANOATES OBTAINED FROM RENEWABLE SOURCES
32_On 03/04/2017 UNIVERSIDAD DE OVIEDO RESEARCH PREVENTION CANCER COLON RECTAL USING PHA
33_On 12/04/2017 UNIVERSITY OF TRENTO CHARPY IMPACT TESTS
34_On 09/05/2017 SIDEL INGEGNERIA ASSISTANCE IN THE MATTER OF WORKERS' HEALTH AND SAFETY
35_On 12/05/2017 UNIMORE PRE-FEASIBILITY RESEARCH
36_ On 06/30/2017 UNIVERSITY OF BOLOGNA. DEPT. INDUSTRIAL CHEMISTRY TOSO MAONTANARI SCHOLARSHIP FORMULATIONS OF COSMETIC EXCIPIENTS AND GELLIFIERS INSIDE POLYHYDROXALKANOATE MICROCAPSULES FOR COSMETIC APPLICATION
37_On 12/06/2017 UNIVERSIDAD DE OVIEDO IN VITRO DIGESTION MODEL OF POLYHYDROXYBUTYRATE POLYMER
38_On 07/26/2017 SICON OIL & GAS
39_On 09/14/2017 UNIMORE SCHOLARSHIP. RESEARCH "INTERACTION BETWEEN BIOMATERIALS AND BACTERIA"
40_On 09/26/2017 UNIVERSIDAD DE OVIEDO RESEARCH ON PHB EFFECT ON COLON CANCER
41_On 28/09/2017 S.ANTONINO STUDY CENTER PROCEDURAL ORGANIZATIONAL MANAGEMENT DEVELOPMENT PLAN
42_On 22/10/2017 ASSISTANCE REVIEWING COMPANY PROCESS DOCUMENTATION
43_On 25/10/2017 UNIVERSITY OF NAPLES DEP. BIOLOGY. RESEARCH ON PHB EFFECT ON OXIDATIVE STRESS, INFLAMMATION ... IN A MODEL OF OBESITY AND INSULIN RESISTANCE TO THE RAT
44_On 1/2/18-30/9/18 UNIVERSITY OF MILAN DEVELOPMENT OF SOLID ELECTROLIDES BASED ON POHYDROXYALCANOATES TO PRODUCE FLEXIBLE AND BIODEGRADABLE ENERGY DEVICES
45_On 01/02/2018 NATIONAL INTERUNIVERSITY CONSORTIUM FOR THE SCIENCE AND TECHNOLOGY OF MATERIALS RESEARCH: ANALYSIS OF MORPHOLOGY AND MICROCAPSULE CONPOSITION
46_On 03/23/2018 UNIVERSIDAD DE OVIEDO RESEARCH: ACUTE POLYHYDROXBUYRATE DOSAGE
47_On 10/04/2018 FOUNDATION IST. ITALIAN. GENOA TECHNOLOGY. PROF. CINGOLANI ADDENDUM TO THE RESEARCH CONTRACT DATED 12/31/16
48_On 04/03/2018 CNR IAMC PROFESSIONAL COLLABORATION OPTIMIZATION OF PHA MICROBIAL METABOLITE PROCESSES FROM VEGETABLE SOURCES FOR RECOVERY OF SOILS CONCERNED HYDROCARBONS CONTAMINATION
49_On 04/26/2018 SOFT MATERIAL TECNOLOGIES CONSULTANCY AND SCIENTIFIC TECHNICAL ASSISTANCE EXPERIMENTAL ANALYSIS OF OPTICAL PROPERTIES AND EVALU. FATIBILITY OF BULK-BASED COMPONENTS AND PHB FIBERS
50_On 26/04/2018 SOFT MATERIAL TECNOLOGIES CONSULTANCY AND ASSISTANCE
51_On 09/05/2017 SIDEL INGEGNERIA ASSISTANCE IN THE MATTER OF WORKERS' HEALTH AND SAFETY
52_On 09/26/2017 UNIVERSIDAD DE OVIEDO RESEARCH ON PHB EFFECT ON COLON CANCER
53_On 22/10/2017 ASSISTANCE REVISION OF COMPANY PROCESS DOCUMENTATION
54_On 10/04/2018 FOUNDATION IST. ITALIAN. GENOA TECHNOLOGY. PROF. CINGOLANI ADDENDUM TO THE RESEARCH CONTRACT DATED 12/31/16
55_On 07/18/2018 CONSORZIO ITALBIOTEC SCIENTIFIC CONSULTING TOOTHPASTE FORMULATIONS
56_On 03/07/2018 METHODOLOGICAL SUPPORT ACCOUNTING IND.EVOLUTION FUNC. FINANCE
57_On 10/15/2018 ADVICE SUPPORT ON TOBACCO AMT LABS
58_On 01/10/2018 UNIVERSITY OF MILAN. CNS FOODNUTRAUCETICA STUDY OF THE EFFECT OF BETA HYDROXYBUTYRATE ON THE FUNCTIONING OF THE NERVOUS SYSTEM
59_On 29/10/2018 RESEARCH AGREEMENT CLARKSON UNIVERSITY RESEARCH FOR HYDROGEN DETECTION
60_On 11/14/2018 UNIVERSITY OF MILAN. CNS ELOXEL DEVELOPMENT AND PROTOTYPING OF FLEXIBLE AND BIODEGRADABLE ENERGY DEVICES BASED ON POLYHYDROXYALCANOATES
61_On 12/11/2018 CONSORZIO FUTURO IN RESEARCH. STUDY OF THE PRODUCTION PROCESSES OF LEVULINIC ACID
62_On 08/02/2019 FOUNDATION ADRIANO BUZZATI CHIARIELLO ADDENDUM THERAPIES TREATMENT OF BRAIN TUMORS WITH THERMAL GEL
63_On 10/29/2018 CLARKSON UNIVERSITY TOBACCO
64_On 04/03/2019 CONTRACT ITACA INNOVATION SRL PIEZOELTRIC FOOT PROJECT
65_On 01/12/2018 INSTM INSTRUMENTAL ANALYSIS OF CHARACTERIZATION ON PHA BIOPOLYMERS
66_On 04/08/2019 CONSORZIO ITALBIOTEC ADDENDUM AGREEMENT OF 18. DETERMINATION OF THE EFFECTIVENESS OF CHEWING GUM AGAINST MICRO-ORGANISMS OF THE ORAL CAVITY.
67_On 08/04/2019 INSTITUTE FOR BIOENGINEERING OF CATALONIA IBEC ELISABETH LOPEZ EVALUATION OF THE BIOLOGICAL POTENTIAL OF PHB ON IN VIVO MODELS, FOR MEDICAL APPLICATIONS; TO TEST THE WOUND HEALING CAPACITY; ANGIOGENIC CAPACITY; TO TEST THE CAPACITY OF THE CELLS TO COLONIZE THE SCAFFOLD. CAPACITY TO REGENERATE HUMAN TISSUES.
68_04/2019 UNIVERSITY OF NAPLES ADDENDUM EVALUATION OF PHB EFFECTS ON BODY WEIGHT CONTROL
69_On 06/05/2019 UNIVERSITY OF TORINO GEUNA USE OF DIN PHA CONDUITS FOR THE RECONSTRUCTION OF PERIPHERAL NERVES
