Bioplastics: advancements on the increase
Relatively at a nascent stage, bioplastics are already trailing close behind conventional oilbased plastic products in terms of demand. The bioplastics market is projected to unleash a growth of 20% a year in Europe and in Asia Pacific, it is expected to reach a market value of US$167 million by 2018...
Philippines: still a “white spot” on the map for Germany?
Several factors are inhibiting German firms to invest into the Philippines, according to a source from the Manila-based German-Philippine Chamber of Commerce and Industry (GPCCI). Based on the data from the industry body, there were 52 German firms in 2009, with only an addition of...
Plastics: should they get the oxo treatment?
The bioplastics and compostable plastics industry are wary of oxo-biodegradable plastics (OBPs). Late last year, Belgium-based EuPC sought a Europe-wide ban on oxo-fragmentable plastics following the results of several independent tests conducted on degradable and fragmentable plastics...
Lanxess previews net loss for FY2013; cuts dividend
German speciality chemicals company Lanxess says that impairment charges in the fourth quarter of 2013 will result in a net loss of EUR159 million in the FY2013. Due to this, its dividend will be half what was paid in 2012. The firm’s dependence on...
PRA January/February 2014
ON THE COVER:
In the green material arena, competition is heating up between oxo-biodegradable plastics and bioplastics. Not all plastics are created equal. Hence, the greener the material, the larger its market share