$COWI CarbonMeta Technologies (COWI) Subsidiary La

$COWI CarbonMeta Technologies (COWI) Subsidiary Launches Plastic Upcycling Partner Program for 3D Printing Services and Makerspaces

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Carbon Source announces Upcycling Classroom Grant Program for schools and youth organizations

WOODINVILLE, WA / ACCESSWIRE / January 11, 2022 / CarbonMeta Technologies Inc. (OTC PINK:COWI) today announces that its Carbon Source subsidiary has launched a Plastic Upcycling Partner Program that will give 3D printer filament purchase discounts to 3D printer services and makerspaces that upcycle waste plastics through Carbon Source. Carbon Source's first Plastic Upcycling Partners will be Seattle Makers (https://SeattleMakers.org) and SnoCo Makerspace (https://SnoCoMakers.org).

According to Market Data Forecast, the global 3D printing filament market size was more than $698 million in 2021 and is expected to reach $1.96 billion by 2026, with a CAGR of 28.3%. 3D printer filaments are made from a variety of thermoplastic materials such as High Impact Polystyrene (HIPS), Polyethylene Terephthalate (PET/PETE/PETG) and Poly Lactic Acid (PLA); however, only a small fraction of those filaments is manufactured from recycled plastics. The vast size and acceleration of this market create significant need for proper waste management.

To address this growing market and reduce waste plastics disposed in landfills, Carbon Source will offer its Plastic Upcycling Partners a discount of up to 15% on 3D printer filament products purchased through Carbon Source's online store (www.Carbon-Source.com/Buy-Now). In addition, partners in western Washington will be eligible for free one-day delivery.

"This Plastic Upcycling Partner Program provides incentives that encourage makerspaces and 3D printer services to upcycle their waste plastics and better steward thermoplastic materials," said Lloyd Spencer, chairman and CEO of CarbonMeta Technologies and president of Carbon Source. "This program will improve traceability of Carbon Source's plastic production with its partners, which is the first step toward certifying and tracking waste plastics in a manner that is similar to tracking carbon credits."

Carbon Source is currently marketing recycled 3D printer filaments made from HIPS and PETG, and plans to market 3D printer filaments comprising at least 50% post-consumer PET and PLA. Customers can purchase products with prices ranging from $24.99 to $94.99 from Carbon Source's online store.

Upcycling Classroom Grant Program

Carbon Source also announces its Upcycling Classroom Grant Program, which will encourage students to create new upcycling solutions to help reduce or eliminate waste plastics being disposed in our waterways and landfills, and to foster waste plastic upcycling in their local communities. Grant applications must address environmental problems in their local communities and must involve some form of upcycling plastic waste. Grants awards will be made at the end of each calendar quarter and will range from $500 to $2,500 per application. Eligible schools and youth organizations must be in the United States or in U.S. Territories, including Puerto Rico, Guam and American Samoa.