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Biofiba Ltd is a cleantech company that has developed and patented, unique Intellectual Property specifically to help prevent the destruction of the world's natural and unreplaceable forests. Biofiba is a world first and the only known product of its kind and will change dramatically the world export pallet industry providing viable alternative solutions to the many problems confronting this USD$90 billion market.
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Timber export shipping pallets have a very short single life span. Now being reported as the new Global Eco Menace and generally regarded as a disposable packaging material wasting more than 40% of the world's annual timber consumption.
With serious health and pest control problems, used once, sent to landfill a futile waste of precious resources. Biofiba has the potential to generate more than $2billion in annual export income creating a significant boost to the Australian economy, further employment and increased productivity for primary producers.