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.
Read the full article here.