07 November 2011 18:14 [Source: ICIS news]
BUENOS AIRES (ICIS)--Renewable plastics have a ready market among companies and end consumers who are eager to reduce environmental waste, a business director for US-based Dow Chemical said on Monday.
The plant will be in Santa Vitoria, Minas Gerais, in southeast Brazil. Production should start in 2015.
Dow plans to sell the PE to the packaging, hygiene and medical markets among others, said Luis Cihiral, business director, renewable alternatives and business development in Latin America for Dow Chemical.
Cihiral spoke on the sidelines of the 31st Latin American Petrochemical Association (APLA) annual meeting in Buenos Aires.
The hygiene market is already eager to reduce waste, Cirihal said. Renewable PE is one more way for that market to achieve that goal.
In addition, the packaging, hygiene and medical markets are responding to demand from their own customers, Cirihal said.
"Consumers are seeking renewable, sustainable alternatives," he said. "There is greater awareness of the potential impact we are seeing on the planet."
Renewable plastics allow companies to both meet end customer demand and promote themselves as being environmentally responsible, Cirihal said.
Dow is not limited to selling renewable PE to the packaging, hygiene and medical markets – but those are areas that the company has been targeting with its petrochemical-based resins, he said.
"Dow has significant strength and capabilities for these three markets," Cirihal said.
APLA ends on Tuesday.
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