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Bioplastics firms predict bright future |
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Bioplastics firms have pointed to legislative changes and unstable
oil prices as reasons to be confident in growth for the controversial
materials.
NatureWorks and Stanelco bosses told Packaging News they were positive about the future despite concerns for suitable applications and the impact of low oil prices.
Polylactic
acid (PLA) producer NatureWorks has downgraded its growth targets for
the year from 50% to 10-15%, but remains hopeful a prompt end to the
economic downturn will put the uptake of materials back on track.
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