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Environmental News

Asia holds largest bioplastics production capacity globally

cornbioplastics
ASIA –
The Asian region is expected to hold 46.3% of the world’s bioplastic production capacity by 2016, according to industry association European Bioplastics.

In the market forecast report - published by European Bioplastics annually in cooperation with the Institute of Bioplastics and Biocomposites from the University of Hannover – the industry association says that the market of around 1.2 million tonnes in 2011 will see a fivefold increase in production volumes by 2016 to approximately 5.8 million tonnes.

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