Credit Cards from Corn?
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Citing lower costs as well as environmental friendliness, Arthur Blank & Co., a manufacturer of card products for multiple industries, has introduced CornCard USA, an alternative form of credit card made of corn. The company’s technology can also be used for other types of cards, such as gift cards and phone cards — in fact, its purpose may be more suited to these other types of cards that get used quickly and then thrown away, helping to clog landfills with plastic that doesn’t degrade.
Currently, credit cards and similar plastic cards are petroleum-based. “Major national retailers and quick service restaurants are already considering alternatives to traditional petroleum-based plastics for a variety of reasons, such as the stable prices and more environmentally friendly nature of corn produced right here in the U.S.,” said Eric Blank, executive vice- president, Arthur Blank & Co. “If you compare bushels of corn to barrels of oil over the past 5 years, crude oil prices have skyrocketed, while U.S. corn supplies and prices have remained relatively constant.”
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