One World Products, Inc. (OTCQB: OWPC) and Los Gatos Tomato Products, a leading California tomato processor, announced their intention to form a strategic collaboration to expand the AgriBlend™ agricultural biomaterials platform. The proposed joint venture combines Los Gatos Tomato Products' agricultural expertise and renewable feedstock resources with One World Products' advanced materials engineering and commercialization capabilities.
The collaboration aims to develop next-generation engineered materials using renewable agricultural feedstocks, including tomato pomace and almond byproducts, for multiple commercial markets such as automotive, infrastructure, agriculture, packaging, logistics, industrial, and consumer products. This initiative represents a further step in One World Products' long-term strategy of transforming recycled and renewable resources into high-performance engineered materials.
The AgriBlend™ platform currently incorporates work with tomato pomace, almond byproducts, rice hulls, corn fiber, soy fiber, jute, and agricultural cellulose feedstocks. The companies intend to evaluate additional renewable agricultural feedstocks as the platform expands. One World Products previously commercialized hemp-based biocomposite materials, including reusable industrial containers, and developed advanced engineered compounds for automotive and industrial applications.
“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 CEO of One World Products. “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.”
Dan Green, President and CEO of Los Gatos Tomato Products, added, “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.”
Beyond product development, the companies plan to collaborate on research, manufacturing, commercialization, and future technology development. Additional details regarding the proposed joint venture will be announced following completion of definitive agreements.
One World Products, which will operate under the new name Isiah Enterprises, Inc. upon FINRA approval, is building a platform for advanced sustainable materials. Its portfolio includes EcoBlend™ engineered polymer platform, AgriBlend™ agricultural biomaterials, advanced polypropylene compounds, natural fiber composite technologies, recycled rubber material technologies, cellulose-based material technologies, and circular economy material solutions.
The collaboration underscores the growing importance of renewable feedstocks in creating sustainable materials for major industries, potentially reducing reliance on petroleum-based products and supporting a circular economy.
