02 December 2010 15:38 [Source: ICIS news]
DUSSELDORF (ICIS)--Novamont plans to expand its biopolymer production capacity with the construction of a new monomer plant in ?xml:namespace>
The new €50m ($65.8m) plant would increase Novamont’s biopolymer production capacity, which currently stands at 80,000 tonnes/year, to 150,000 tonnes/year by the end of 2012 or in early 2013, said Stefano Facco, Novamont’s director of new business development.
He was speaking on the sidelines of the fifth European Bioplastics Conference in
Facco, who did not disclose the plant’s exact location in
“Demand is dramatically growing for this sort of product. We have to double capacity every three years,” said Facco.
“Ours sales from biopolymers has increased 20-30% every year for the past few years,” he added.
The facility produces biodegradable plastic using vegetable oils and corn starch sourced from local agriculture.
The plastic can be used in a range of biodegradable products, such as shopping bags, packaging, personal care products and soil block containers.
In 2006, Novamont said it would build a 60,000 tonne/year bioplastics plant at ?xml:namespace>
The European Bioplastics Conference runs from 1-2 December.
($1 = €0.76)
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