One World Products, Inc. (OTCQB: OWPC) and Los Gatos Tomato Products have announced their intention to enter into a strategic collaboration to expand the AgriBlend™ agricultural biomaterials platform. The companies have agreed in principle to establish a strategic joint venture that combines Los Gatos Tomato Products' agricultural expertise, renewable feedstock resources, and processing capabilities with One World Products' advanced materials engineering, compounding, manufacturing, and commercialization capabilities. This collaboration represents a further step in the Company's long-term strategy of transforming recycled and renewable resources into advanced engineered materials serving the automotive, infrastructure, agriculture, packaging, logistics, industrial, and consumer markets.
The AgriBlend™ platform currently encompasses work with tomato pomace, almond byproducts, rice hulls, corn fiber, soy fiber, jute, and agricultural cellulose feedstocks. The addition of tomato pomace and almond byproducts from Los Gatos Tomato Products significantly broadens the platform. The companies also intend to evaluate additional renewable agricultural feedstocks as the platform continues to expand.
One World Products previously commercialized hemp-based biocomposite materials, including reusable industrial containers, while developing advanced engineered compounds for automotive and industrial applications. Today, the Company's advanced sustainable materials portfolio includes EcoBlend™, AgriBlend™, advanced polypropylene compounds, natural fiber composite technologies, recycled rubber material technologies, cellulose-based material technologies, and circular economy material solutions. The Company believes that these capabilities position it as a diversified advanced sustainable materials company capable of transforming recycled polymers, renewable agricultural feedstocks, natural fibers, recycled rubber, and cellulose into high-performance engineered materials.
“Our objective is to build a platform company that transforms recycled and renewable resources into high-performance engineered solutions for the world’s largest industries,” said Isiah Thomas, Chairman and Chief Executive Officer of the Company. Mr. Thomas continued, “For years, we have demonstrated that renewable feedstocks can perform in demanding commercial applications. Beginning with hemp-based biocomposites and expanding through EcoBlend™, we have steadily broadened our capabilities into agricultural biomaterials, natural fibers, recycled rubber, and cellulose-based technologies. Our intended collaboration with Los Gatos Tomatoes significantly expands AgriBlend™ by adding new renewable feedstocks and strengthening our ability to develop innovative material solutions for customers across multiple industries.”
Dan Green, President and Chief Executive Officer of Los Gatos Tomato Products, said, “Los Gatos Tomato Products has always believed innovation creates opportunity. This proposed collaboration enables us to create additional value from tomato pomace and agricultural resources while partnering with an organization that shares our commitment to sustainability, advanced materials, and long-term commercial growth. Together, we believe we can develop innovative products that benefit agriculture, industry, and the environment.”
Beyond product development, the companies intend to collaborate on research, manufacturing, commercialization, and future technology development while evaluating additional agricultural feedstocks and engineered material applications. Additional information regarding the proposed joint venture and related commercial initiatives will be announced following completion of definitive agreements.
One World Products, Inc. (OTCQB: OWPC), which will operate under the new name Isiah Enterprises, Inc. upon completion of its corporate name and symbol change with FINRA approval, is building a platform company for advanced sustainable materials. Through EcoBlend™, AgriBlend™, and its portfolio of engineered material technologies, the Company develops high-performance materials utilizing recycled polymers, renewable agricultural feedstocks, natural fibers, recycled rubber, and cellulose-based materials for the automotive, infrastructure, agriculture, industrial, logistics, packaging, and consumer markets. By transforming recycled and renewable resources into value-added engineered materials, the Company is creating scalable technologies that support the global transition to a more circular and sustainable economy.
Los Gatos Tomato Products is one of California’s leading tomato processors. Located in the most productive tomato growing region in the world, the company is recognized for its commitment to agricultural innovation, sustainability, and responsible stewardship of agricultural resources while continuously developing new opportunities to maximize the value of renewable feedstocks.
For more information about One World Products, visit www.oneworldproducts.com. The original release can be viewed on www.newmediawire.com.
