Almost all packaging for food and beverages, medical, construction and engineering sectors is made of non-biodegradable plastics. Non biodegradable plastics such as Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET) and Polyvinyl Chloride (PVC) covers almost 80 per cent of carrier bags, bottles, sheets and films.
According to a 2019 report, the total turnover of the plastics industry in Malaysia was RM33.1 billion, almost 4.3 per cent of the gross domestic product. Packaging comprised the largest segment, accounting for 48 per cent.
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.