FAQ: Isiah Thomas' One World Products Expansion with Full Circle Technologies

What is the main announcement in this press release?

One World Products has expanded its Eco Bio Plastics division through a toll compounding agreement with Full Circle Technologies, significantly increasing its capacity to process renewable materials for automotive and food packaging markets.

Why is this expansion significant?

This expansion positions the company to enter the $1 trillion global packaging industry and addresses growing regulatory and market pressure to replace petroleum-based plastics with renewable alternatives.

How much material will the company be processing through this agreement?

The company will begin processing approximately 40,000 pounds per week, doubling to 80,000 pounds within two months, and ultimately reaching up to 160,000 pounds weekly as production scales.

What types of materials does Eco Bio Plastics process?

The company processes rubber, cellulose, hemp, and other bio-feedstocks into advanced composites using pelletizing, pulverizing, and micronizing technologies.

Who are the key partners involved in this expansion?

Key partners include Full Circle Technologies, Stellantis, Flex-N-Gate, ORBIS Corporation, and West Michigan Compounding, all leaders in advancing circular economy solutions.

What markets is the company targeting with this expansion?

The company is targeting both automotive and food packaging markets within the broader $1 trillion global packaging industry.

When did the company achieve its first major order validation?

In October 2024, the company secured its first order of 1,400 hemp-based reusable containers to Flex-N-Gate, validating its ability to integrate renewable solutions into automotive supply chains.

What makes Eco Bio Plastics different from other companies in this space?

Unlike companies tied to a single feedstock, Eco Bio Plastics offers multi-material flexibility, processing various renewable inputs into advanced composites for multiple industries.

Who is leading One World Products?

The company is led by Chairman and CEO Isiah Thomas, a Hall of Famer, entrepreneur, and proven turnaround executive who has positioned the company as a first-mover in renewable packaging innovation.

What is the company’s stock symbol and where is it based?

One World Products trades under OTCQB: OWPC and is a Nevada-based public company that will soon be renamed Isiah Enterprises.