An Alberta company developing what’s billed as the first viable bale net wrap to be made from compostable material has picked up funding from the maker of Case IH and New Holland equipment.
CNH’s investment arm, CNH Ventures, announced a couple of weeks ago it would put up an undisclosed amount of cash to back the “testing and validation” phase of development at Nature’s Net Wrap, which expects to launch its first product this year.
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A compostable net wrap could “significantly” benefit farmers, by preventing soil and water contamination with plastics, by improving animal safety, and by saving livestock producers all the trips to the dump it takes to dispose of an estimated 2.5 million tons of plastic per year, CNH says.
Nature’s Net Wrap says its biopolymer is made from renewable resources which will hold up structurally on bales, then either naturally break down in soil or go to the compost. CNH says one of its New Holland balers will produce all the bales for the testing phase.
CNH Ventures’ investments have included autonomous tech firm Monarch, robotic fruit harvesting system maker Advanced Farm Technologies, smart cultivator maker Stout Industrial Technology and soil sensor maker Earth Optics, among others.
