Introduction
In an era where sustainability is not just a preference but a necessity, the U.S. packaging and plastics industries are experiencing a pivotal shift towards eco-friendly alternatives. Bioplastics, crafted from renewable resources, are at the forefront of this change.
In this article, we offer insights into this evolving landscape, and what they might mean for businesses operating in this exciting industry.
The Rise of Bioplastics
Bioplastics, sourced from materials like plants, vegetable fats, and oils, are fast becoming a popular choice in the U.S. for sustainable packaging.
These materials are not only environmentally friendly but also align with the increasing consumer demand for green products. The global market for bioplastic packaging is expanding, with the U.S. playing a significant role in this growth, driven by environmental awareness and a shift from fossil fuel-based products.
Biome Technologies plc (LON:BIOM) 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.