The enthusiasm on bio-resin and its applications seems to be negatively associated with the oil price. In the wave of recent price hikes of petrochemical raw materials, Taiwan's Kuan Kun Paper Industry Inc. announced success on the commercialization of PLA-coated paper products, named Eco Green Paper.According to the Economics Daily News,Kuan Kuns success came after two years research and development with partner NatureWorks LLC. Kuan Kun has received patent on the products. PLA replacing PE or PET to be coated on paper dishware will help Taiwanese makers to significantly increase exports.
The company also plans to initiate an Allianceof Bio-degradable paper Products.