13 October 2006 16:08 [Source: ICIS news]
LONDON (ICIS news)--Novamont said on Friday that it plans to build a 60,000 tonnes/year bio-plastics plant in ?xml:namespace>
The facility is part of a €100m ($125m) initiative to produce biodegradable plastics using vegetable oils and corn starch sourced from local agriculture, Novamont said.
The bio-refinery, which is due to go on stream in 2008, will produce bio-polyesters under the brand name Origo-Bi.
These, in turn, are used for making the bio-plastic Mater-Bi, said the company, which is used in a range of biodegradable products such as shopping bags, packaging, personal care products and soil block containers.
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