| Bioplastics Close in Price to Regular Plastic |
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Bioplastics are no longer the Cadillac option. Cereplast, which makes biodegradable and compostable resins for food containers and industrial parts, has managed to reduce the cost of some of its resins so that they compete with regular petroleum-based plastics, said CEO Frederic Scheer in an interview at the Cleantech Forum in San Francisco. That’s a big change from three years ago when bioplastics were more of a disposable status symbol. Last summer, when oil was around $100 a barrel, conventional petroleum-based resins sold for around $1.00 per pound. Cereplast’ s compostable resins, which completely dissolve in landfills, sold for about $1.05 a pound while the company’s hybrid bioplastics, which mix conventional and renewable resins, sold for 85 cents a pound. Thus, hybrid bioplastics were cheaper. Where carbon credits applied, compostible plastics were too. Bookmark this page!      |
| Source: | greentechmedia.com |
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