One World Products, Inc. (OTCQB: OWPC) and Los Gatos Tomato Products have announced their intention to form a strategic joint venture to expand the AgriBlend™ agricultural biomaterials platform. The collaboration will combine Los Gatos Tomato Products' agricultural expertise and renewable feedstock resources with One World Products' advanced materials engineering and commercialization capabilities. The initiative aims to develop next-generation engineered materials using tomato pomace and almond byproducts, targeting the automotive, infrastructure, agriculture, packaging, logistics, industrial, and consumer markets.
The AgriBlend™ platform already incorporates various renewable feedstocks, including rice hulls, corn fiber, soy fiber, jute, and agricultural cellulose. By adding tomato pomace and almond byproducts, the companies intend to accelerate the development of high-performance materials that can replace traditional petroleum-based products. Isiah Thomas, Chairman and CEO of One World Products, stated that the collaboration represents a significant step in building a platform company that transforms recycled and renewable resources into engineered solutions for major industries.
Dan Green, President and CEO of Los Gatos Tomato Products, emphasized the opportunity to create additional value from agricultural byproducts while partnering with an organization committed to sustainability and commercial growth. The joint venture will also explore additional agricultural feedstocks and applications beyond the initial scope.
One World Products' advanced sustainable materials portfolio includes EcoBlend™, an engineered polymer platform, as well as technologies in natural fiber composites, recycled rubber, and cellulose-based materials. The company previously commercialized hemp-based biocomposites for reusable industrial containers and developed compounds for automotive and industrial applications. The expansion of AgriBlend™ aligns with its strategy to broaden renewable feedstock capabilities.
The companies will collaborate on research, manufacturing, commercialization, and future technology development. Additional details regarding the joint venture will be announced upon finalization of definitive agreements. One World Products is in the process of changing its corporate name to Isiah Enterprises, Inc., pending FINRA approval.
