Saturday, June 21, 2008

Bioplastic Poised to Gain Market Share

source: http://greentechnolog.com/2008/06/bioplastic_poised_to_gain_market_share.html

A number of bio-based plastics have been available on the fringe of the plastics market. As petroleum prices skyrocket, these bioplastics are ready for prime-time and will replace traditional petro-based plastic. ...
... "With Dow Chemical hiking the price of its plastic products by up to 20% on June1, some types of bioplastics from Cereplast and others already cost less. If oil stays high, bioplastics could capture 20% of the global plastics market ... " ...
Via Yahoo! Finance: Bioplastics

Cereplast: "Cereplast Compostables resins meet new federal procurement guidelines for bio-based content enacted June 13 by the United States Department of Agriculture. "

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