British start-up Polymateria, the creator of the world's first biodegradable and recyclable plastic, will supply its revolutionary products to the electric racing series Extreme E, which kicks off in Saudi Arabia next month.
Cups and food packaging made from Polymateria’s thin, flexible polyethylene plastic will be used by the 10 teams competing at motorsport's newest form of green racing, which starts in Al Ula on April 3.
Unfortunately, 32% of the plastic produced in the world each year winds up in the natural environment.
Polymateria’s revolutionary Biotransformation technology means its products can either be recycled after the races or biodegrade naturally if they are discarded accidentally in the desert, helping to tackle the growing issue of global plastic pollution.
Niall Dunne, chief executive of Polymateria, said he was looking forward to working with Extreme E on turning the tide on the plastic pollution endemic.
“Unfortunately, 32 per cent of the plastic produced in the world each year winds up in the natural environment,” Mr Dunne told The National.
“If left unchecked, four billion tonnes of plastic pollution will enter our land and oceans by 2050.”
The company found that the majority of the plastic discarded across the world comprises of polyolefins that are produced mainly from oil and natural gas and can take up to 450 years to decompose.
“So, that’s the polypropylene cups you drink your coffee out of or the polyethylene shopping bags you bring your shopping home in,” Mr Dunne said.
The company focused on redesigning those materials at the point of manufacture, biologically and chemically altering the structure to ensure it disintegrates in nature and does not leave behind microplastics – tiny fragments less than 5 millimetres long that are harmful to the environment and the health of animals.
The technology means Polymateria’s plastic breaks down into a harmless sludge or wax when left out in the open air.
“To make that wax attractive to nature, the company uses a prebiotic to trigger the microbes, the bacteria and the fungi that exist in the natural environment to then digest it,” Mr Dunne said.
“So polyethylene we can get back [to nature] in 226 days, and polypropylene, that's your more rigid cup type containers, we can get that back in 326 days at ISO accredited independent laboratories.”
The company’s scientists can control the time it takes for biodegradation, delaying the process depending on how long the product needs to be used.
In the same way supermarket food has a use-by date, Polymateria’s products have an “expiry” date as to when the biodegradation process begins, which can be predicted down to the exact month.
“What we’ve pioneered in order to ensure responsible disposal, is to communicate to the consumer on the pack a recycle-by date – or dispose-by date if, for whatever reason, those materials can't be recycled,” Mr Dunne said.
“That can be any time from six months to three years. We can predict exactly when it becomes active ... and that's why it's so scalable.”
Polymateria was set up in 2015 by Jonathan Seiff – whose great-grandfather Michael Marks founded the British department store Marks & Spencer – and his business partner Lee-Davy Martin, after the pair spotted a gap in the market.
While other biodegradable or compostable plastics exist, they are not always suitable for conventional recycling because they do not break down in the same way as conventional plastic.
The duo set about creating the technology for Polymateria's product, using the knowledge of Dr Chris Wallis who remains the company’s head of innovations.
"They realised that the challenge facing the industry was to develop innovation that was more credible and science-based than anything else before, and also scalable,” said Mr Dunne.
“The size of the plastic pollution pandemic is staggering but they needed something that could scale and work at the level of the problem that we're actually facing, and come up with something that wasn't just going to be a niche innovation.”
The company completed a £15 million ($20.8m) Series A funding round in January last year, which valued the company at £110m, with Planet First Partners the lead investor.
Investors are attracted to the company’s credibility; its products are independently proven to be recyclable and biodegradable in the natural environment in tests carried out by the ISO-accredited Impact Solutions, a British company specialising in plastics expertise.
The funds raised last year allowed Polymateria to expand its global footprint, as well as the laboratories at its west London base.
It is also ramping up the products it supplies to supermarkets in the UK, such as disposable cups, food storage bags and packaging.
In one of its more recent tie-ups, Polymateria was signed by fashion brand Pour les Femmes, founded by American House of Cards actress Robin Wright. The fashion house will use the plastic for all its clothing deliveries to customers and shops.
The latest deal with Extreme E’s global X Prix events is another step forward for the brand, which is also looking at producing biodegradable face masks for the race series in the future.
Collaborating with Extreme E seems a natural fit for Polymateria. The radical new racing series will see electric SUVs competing in extreme environments already damaged or affected by climate and environmental issues.
The five-race event, which debuts in Saudi Arabia on April 3 featuring 20 drivers, will highlight the effects of climate change and human interference on a range of ecosystems in some of the world’s most remote locations.
While in Al Ula, the tour will shine the spotlight on desertification, before speeding on to Senegal, Greenland, Brazil and Argentina.
To minimise its effect on the natural environment, the races are not open to spectators, with fans instead invited to follow the action through a live TV broadcast, and on social media.
Alejandro Agag, chief executive of Extreme E, said the race series teamed up with Polymateria to help drive global awareness of solutions for plastic pollution while reducing its own environmental footprint at the same time.
Environmentally conscious investor Nico Rosberg, a Formula One world champion and founder of the Rosberg X Racing team which will compete in Extreme E, said Polymateria’s concept “is exactly the sort of cutting-edge innovation the world needs, backed up by robust standards and scientific evidence”.
KINGDOM%20OF%20THE%20PLANET%20OF%20THE%20APES
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Wes%20Ball%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Owen%20Teague%2C%20Freya%20Allen%2C%20Kevin%20Durand%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A
Profile of Tamatem
Date started: March 2013
Founder: Hussam Hammo
Based: Amman, Jordan
Employees: 55
Funding: $6m
Funders: Wamda Capital, Modern Electronics (part of Al Falaisah Group) and North Base Media
The Florida Project
Director: Sean Baker
Starring: Bria Vinaite, Brooklynn Prince, Willem Dafoe
Four stars
Zayed Sustainability Prize
The biog
Favourite food: Tabbouleh, greek salad and sushi
Favourite TV show: That 70s Show
Favourite animal: Ferrets, they are smart, sensitive, playful and loving
Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can
Name of first pet: Eddy, a Persian cat that showed up at our home
Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Ultra processed foods
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
The biog
Age: 19
Profession: medical student at UAE university
Favourite book: The Ocean at The End of The Lane by Neil Gaiman
Role model: Parents, followed by Fazza (Shiekh Hamdan bin Mohammed)
Favourite poet: Edger Allen Poe
The Penguin
Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz
Creator: Lauren LeFranc
Rating: 4/5
The bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
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F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Company profile
Date started: January, 2014
Founders: Mike Dawson, Varuna Singh, and Benita Rowe
Based: Dubai
Sector: Education technology
Size: Five employees
Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.
Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)
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Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
The story of Edge
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, established Edge in 2019.
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Edge has an annual revenue of $5 billion and employs more than 12,000 people.
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
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