Paper straws in hot demand
Australia isn't the only country navigating the anti-plastic movement. The Hustle reported that the US's only paper straw manufacturer, Aardvark, just got acquired by a larger holding. Within the last year, cities like San Francisco, Seattle, Fort Myers, Florida, and Vancouver (in Canada), have all ended the use of plastic straws. And, beyond cities, companies including Starbucks, American Airlines, Disney, and others have also announced their breakup from plastic straws. So, it goes without saying that Aardvark is struggling to keep up with demand. From a commercial perspective, forget Silicon Valley. Since being founded in 2007, the company has achieved double year-over-year growth.