NatureWorks LLC
Today, when we analyze plastic prices, we look at oil and natural gas. But one day will we scan our smartphones for the price of sugar?
Bioplastics makers NatureWorks LLC and Solegear Bioplastics Inc. each have received new funding for their renewable products.
While biobased plastics account for less than 1 percent of the plastics resin sector, the 20 percent annual growth rate has some industry folk are abuzz.
NatureWorks LLC will make a decision about the location of its second plant by the end of this year.
U.S.-based Calysta Energy Inc. and NatureWorks LLC have announced research collaboration looking at the transformation of methane into the lactic acid building blocks needed to produce bioplastics.
Last year NatureWorks LLC marked 1 billion pounds of its Ingeo polylactic acid resin sold. It is near capacity at its original production plant in Blair, Neb., and in the final stages of planning the location of its second plant, likely to be in Thailand and looks to expand quiickly.
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