INDEPENDENT NEWS

Opportunity for new bio-plastics industry

Published: Fri 21 Dec 2018 09:16 AM
Bio-based plastics made from forest resource have been under study for years.
Many can serve as drop-in replacements for the fossil-fuel based plastics that most of us are familiar with, such as polystyrene and polyethylene.
Overseas the momentum for a new bio-plastics industry is building. The UK government has set a target of eliminating all avoidable plastic waste by 2042.
Bioplastics will play a crucial role in achieving this target. The European Commission and the European Investment Bank (EIB) are launching a new €100 million fund to stimulate private investment in this bio economy.
A key opportunity for New Zealand is investigating ways forest slash might be turned into bio products including plastics. This would be an entirely new industry requiring careful integration of forestry practice with new technologies, systems and market opportunity.
ENDS

Next in Business, Science, and Tech

Record Dry Spells And Effects On Forests – Expert Reaction
By: Science Media Centre
Official Cash Rate Remains At 1.0 Percent
By: The Reserve Bank of New Zealand
Climate Change Throws Tree Seeding Out Of Sync – New Study
By: University of Canterbury
Novel coronavirus detected in China –Expert Reaction
By: Science Media Centre
Flooding could release toxic gas – Expert Reaction
By: Science Media Centre
More Rain For The South While Dry Continues In The North
By: MetService
Another dry week ahead, with temperatures rising
By: MetService
Auckland Set To Break Dry Spell Record
By: NIWA
Rolleston Fire
By: Fire and Emergency NZ
Farmers Fear New Water Rules Could Push Them Under
By: RNZ
The OCR Should Be Cut
By: Michael Reddell
MPS, OCR and FSR dates for 2021
By: Reserve Bank
Reserve Bank Of New Zealand Keeps Official Cash Rate At 1 Percent
By: RNZ
XE Morning Update
By: XE Morning Update
Economic Growth Slowing Under Coalition Government
By: New Zealand National Party
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media