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TimesOnline: Plastics industry seeks plant-based alternatives as oil prices climb |
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Oil prices reaching nearly $140 a barrel are transforming the economics of the
global plastics industry as producers start to pour billions of dollars into
plant-based alternatives.
Already considered a growth sector because of increased consumer concerns
about the environment, some of the world's largest chemical companies,
including DuPont, Dow Chemical, Cargill and Braskem, are now accelerating
their production of bio-plastics made from crops including sugarcane, corn
and maize.
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