12 June 2012 23:00 [Source: ICIS news]
CAMPINAS, Brazil (ICIS)--Growing demand for sustainable products should benefit bio-based polyethylene (PE) and other renewable plastics in the upcoming years, an executive at Brazil-based Braskem said on Tuesday.
Demand for biopolymers is growing by 20%/year, said Rodrigo Belloli, marketing and market intelligence manager for renewable chemicals at Braskem.
As demand and interest in bio-based products grow in Latin America, Braskem is targeting the biopolymers sector, which should remain a niche market, Belloli said.
“Innovative solutions with a sustainable profile should catch the consumer’s and the market’s preference. Aligned with this trend, green polyethylene, which is already a differentiated solution in biopolymers, should benefit from this growing market demand," he said.
According to Belloli, biopolymers that have a technical profile that meets current market conditions and that are compatible with existing recycling systems will face fewer challenges.
The executive said Braskem has been changing the world’s bio-plastics market.
According to Belloli, bio-plastics originally were different polymers from those of the traditional market, demanding investments and adjustments in the plastic supply chain.
On the other hand, renewable PE is a drop-in polymer, which means it does not demand any investment or equipment adjustment from plastic customers.
“Green PE is 100% compatible with the traditional plastic recycling system, being able to be mixed with conventional polyethylenes," he said.
Belloli said these characteristics could make PE demand and production stronger.
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