The UK government is investing £60 million (€67.5m) to projects turning food and farming waste into sustainable plastic but is calling on industry to provide “significant co-investment”.
BASF is planning to significantly step up production of its
biodegradable plastic materials amidst growing demand from various
industries including packagers.
Alliances formed between Cargill and a Japan-based company, and
between DuPont and Plantic, indicate that a new strategy is
underway to expand the biodegradable packaging market.
Corn is the operative word in packaging today, with more and more
processors turning to biodegradable materials made from the crop
and other plants for packing their food products.
