CNBC’s Diana Olick reports on a new clean start-up focused on creating biodegradable straws made out of seaweed. Headquartered in New York City and the San Francisco Bay Area, Loliware is a diverse and global team of planetary visionaries, strategists, scientists, engineers, designers and technologists leading the seaweed and climate-tech sector.
Loliware’s recently introduced Blue Carbon Straw is made from seaweed and is designed to disappear. The straws can be safely discarded in a simple backyard compost pile.
The company follows a five-step process that transforms seaweed into pellets, and pellets into straws. This cycle is their unique methodology that allows swapping plastic for seaweed. They use farmed seaweed, which means the seaweed blend that goes into their products does not come at a cost to sensitive coastal habitats.
The company says, “By virtue of using our straws, you are fighting climate change and plastic pollution with us.”
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