Hi, I'm John Garnett. I'm SVP of Sustainability Technology and Innovation at Charter Next Generation. At Charter, we are one of North America's leading producers of highly engineered specialty films and sustainable packaging solutions. We're really excited about Pack Expo this year, and we have a couple, so we've got a couple innovations that we want to talk with you about.
The first of those is a material, it's a biopolymer produced by a company called Sway. This is a biopolymer that's made out of seaweed. So it's fully biodegradable. It's compostable. It has a really interesting haptic, so touch feel is really interesting. It's also got a cool appearance to it. So we're partnered with Sway to produce this material, and Sway have worked downstream with many fashion brands, and they've done their own press on this to use these bags to package the merchandise. So it's a really interesting and different experience for consumers that really shows the sustainability like kind of inherent in the package.
So for us, this is a chance for CNG to continue to be leaders in sustainability and help foster new and innovative companies that are bringing novel materials to market. We're also very excited about another partnership with a company called new light technologies. New light technologies is a startup a newer company that's producing a highly carbon negative biopolymer that they call air carbon.
This biopolymer can be incorporated into a variety of packaging films and other items and in doing that we can make a net carbon neutral or even carbon negative, in this case, a polymaler for polystyrene. For e-commerce shipping. So this material, this is really interesting as brands.
So as brands and retailers, and also consumers, start to see carbon footprint as more of a selling feature As they're making purchase decisions. We believe that carbon neutral products will become more and more, in demand And will become a larger business in the future.
