Billions pour into bioplastics as markets expand

In a world increasingly troubled by the persistent harm that plastic — manufactured in petrochemical plants — has had on the environment, companies including Cargill are investing billions of dollars to ramp up production of plastics made from natural, renewable materials.

The result is products that can be safely composted or can biodegrade under the right conditions. These products have long been used in medical applications. Think stitches that dissolve harmlessly into your body.

But the nascent bioplastics industry envisions a far bigger role for materials made from corn, sugar, vegetable oils and other renewable materials in the hope of grabbing a larger share of a nearly $600 billion global plastic market.

Biome Technologies plc is a growth oriented, commercially driven technology group. The Group’s primary activity is the development of its fast growing business in bioplastics. The Group comprises two divisions: Biome Bioplastics and Stanelco RF Technologies.

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