Dieter Holger of The Wall Street Journal reports on the growth of plant-based plastics.
- Bioplastics have historically accounted for 1% of the plastic market, but thanks to growing demand, that figure could climb to 3% in the next five years.
- Lululemon is looking to replace its oil-based nylon with plant-based nylon, while Dow is providing bioplastics for Crocs and perfume packaging.
- Private sector interest in bioplastics will reduce the green premium and lead to more widespread adoption of cleaner materials.
“Plants absorb the atmosphere’s carbon dioxide, which cuts the greenhouse-gas emissions from making bioplastics to at least half that of fossil-fuel-based plastics. Bioplastics can also sometimes cause less pollution when they degrade in the environment.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
