The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events; practical technology for design, operation, and maintenance of oil and gas operations; and important statistics on energy markets and industry activity.

OGJ is edited to meet the needs of engineers, geoscientists, managers, and executives throughout the oil and gas industry. It is part of Endeavor Business Media, Nashville, Tenn., which also publishes Offshore Magazine.

Endeavor Business Media’s Petroleum Group also produces targeted e-Newsletters; hosts global conferences and exhibitions, seminars, and forums; and publishes directories, technical books, print and electronic databases, surveys, and maps.

Additional Information

Website & Technical Help

For help with subscription purchases or refunds, or trouble logging into the paid subscription content on www.ogj.com, please contact Customer Service at [email protected] or call 1-847-559-7598.

For more customer service information, please click here.

One World Products Acquires Eco Bio Plastics, Advancing U.S. Manufacturing and Sustainable Packaging Innovation

The acquisition marks a major milestone in OWP’s transition into vertically integrated sustainable materials. The Company will soon change its name to Isiah Enterprises, Inc., reflecting its broader mission to lead the future of circular economies, ESG-driven manufacturing, and regenerative community development.

“This is more than a business move - it’s a mission,” said Isiah Thomas, Chairman and CEO of One World Products. “By acquiring Eco Bio, we’re not only scaling innovation in sustainable materials, we’re making a long-term investment in American manufacturing, quality jobs, and, ultimately, generational wealth creation.”

Key Strategic Benefits

  • Vertical Integration & Cost Control:
    With in-house biopolymer production, OWP can now deliver cost-effective alternatives to petroleum-based plastics across automotive, food, and packaging sectors.
  • Food Packaging Innovation:
    Eco Bio’s compostable formulations are ready for immediate application in food containers, utensils, films, and other packaging formats. This opens distribution opportunities in grocery, restaurant, and hospitality channels amid rising regulatory pressure and consumer demand for compostable solutions.
  • Automotive Industry Alignment:
    Leveraging OWP’s relationships with Stellantis, Flex-N-Gate, and ORBIS Corporation, Eco Bio’s sustainable biocompounds, such as talc replacements, are positioned for use in lightweight, recyclable automotive parts and reusable logistics solutions.
  • A Midwest Sustainability Hub:
    Midland, Michigan, will serve as OWP’s U.S. base for manufacturing and R&D expansion. The move supports Isiah Thomas’s broader commitment to revitalizing post-industrial communities through clean tech and ESG-focused development.

The acquisition strengthens OWP’s earnings potential, intellectual property portfolio, and ESG profile. As a publicly-traded company with a pending rebrand to Isiah Enterprises and a clearly defined strategic vision, the Company is positioning itself to appeal to investors focused on sustainability, innovation, and inclusive leadership.

“We’re not just in the business of making money,” adds Thomas. “We’re in the business of making history.” The acquisition reflects Thomas’s strong track record of transforming undervalued assets and building enduring brands - from revitalizing the Detroit Pistons' 'Bad Boys' era and American Speedy Printing to co-founding the Toronto Raptors and launching Cheurlin Champagne.

About One World Products, Inc.

One World Products, Inc. is a producer and innovator in sustainable materials, with a growing footprint in research and development serving the automotive, packaging, and consumer goods sectors. The Company is focused on delivering renewable, high-performance solutions that reduce environmental impact and support the transition to regenerative supply chains.

For more information, visit https://oneworldproducts.com

Contact:
William Rowland, CFO
william.rowland@owpv.com
1-800-605-3210

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.