18 October 2012 14:30 [Source: ICIS news]
LONDON (ICIS)--Bioplastics production capacity is growing faster in Asia and Latin America than in Europe, according to trade body European Bioplastics, as the association called on Thursday for the European Commission to provide a supportive framework to drive the industry’s development.
The call was made in response to a Commission report on industrial policy issued last week, which claimed that bio-based materials sector could stand to make a significant impact on the EU’s drive to become a more sustainable economy, if it was assisted by “high demand and favourable legislative framework”,
European Bioplastics has called on the Commission to back the industry with specific policy measures.
Hass von Pogrell, managing director at European Bioplastics, said: “The development [of the bioplastics market] is driven by leading-edge industry and demand from brands which want to innovate and address sustainability issues like climate change.
“The most relevant question for EU policymakers right now is: where shall these investments take place?” he added.
The Commission committed in its industrial policy report to put in the place the conditions to create mature bio-based materials markets, but did not set out a time frame for any specific policy measures.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections