BIO-PLASTIC by RAHUL YADAV, PREETI YADAV, V C BRIAN (famous ebook reader .txt) 📕

PRICE

 MARKET AND PRICE OF BIOPLASTIC

 

The world currently utilises approximately 260 million tonnes of plastics per year. Europe uses approximately 53 million tonnes of plastics and the UK utilises approximately five million tonnes of plastics in a year. Bioplastics make up about 0.1% of the global market at an approximate consumption volume of 300,000 tonnes per year and experts predict that this market will grow six-fold by 2011 reaching over 1.5 million tonnes per year. In Europe, bioplastic consumption is approximately 60-100,000 tonnes per year and the UK utilises an estimated 15,000 tonnes per year.

The otherwise nominal bioplastics sector is all set to take a leap in the coming years. According to European Bioplastics Association, the global production capacity for bioplastics is projected to grow four times by 2020. The factors in favour of the bioplastics are the hefty packaging taxes introduced in the Europe and the US , surging oil and feedstock prices that are making conventional polymers more expensive and the European directives designed to establish an infrastructure for compostable bioplastics collection. Conventional plastics have scored over bioplastics in terms of price. In the past, bioplastics packaging has cost roughly 20% to 100% more than the petroleum-based plastic. However, stringent packaging taxes imposed in Europe and US combined with the escalating oil and feedstock prices are leveling the field for bioplastics with petroleum-based plastics. According to Plastics Exchange in Chicago, as a result of the rising oil prices the price of resins like polypropylene (PP) has risen about 45%.

The prices of any biopolymer are likely to be high when it is only produced on a small scale. The scale of production is likely to have a greater influence on the price than the costs of the raw material source and of the chemistry involved. Today prices are bit high but at higher scales of production the price will fall to a range of 1 to 10USD per kg.

MARKET AND PRICE OF BIOPLASTIC The world currently utilises approximately 260 million tonnes of plastics per year. Europe uses approximately 53 million tonnes of plastics and the UK utilises approximately five million tonnes of plastics in a year.

 MARKET AND PRICE OF BIOPLASTIC

 

The world currently utilises approximately 260 million tonnes of plastics per year. Europe uses approximately 53 million tonnes of plastics and the UK utilises approximately five million tonnes of plastics in a year. Bioplastics make up about 0.1% of the global market at an approximate consumption volume of 300,000 tonnes per year and experts predict that this market will grow six-fold by 2011 reaching over 1.5 million tonnes per year. In Europe, bioplastic consumption is approximately 60-100,000 tonnes per year and the UK utilises an estimated 15,000 tonnes per year.

The otherwise nominal bioplastics sector is all set to take a leap in the coming years. According to European Bioplastics Association, the global production capacity for bioplastics is projected to grow four times by 2020. The factors in favour of the bioplastics are the hefty packaging taxes introduced in the Europe and the US , surging oil and feedstock prices that are making conventional polymers more expensive and the European directives designed to establish an infrastructure for compostable bioplastics collection. Conventional plastics have scored over bioplastics in terms of price. In the past, bioplastics packaging has cost roughly 20% to 100% more than the petroleum-based plastic. However, stringent packaging taxes imposed in Europe and US combined with the escalating oil and feedstock prices are leveling the field for bioplastics with petroleum-based plastics. According to Plastics Exchange in Chicago, as a result of the rising oil prices the price of resins like polypropylene (PP) has risen about 45%.

The prices of any biopolymer are likely to be high when it is only produced on a small scale. The scale of production is likely to have a greater influence on the price than the costs of the raw material source and of the chemistry involved. Today prices are bit high but at higher scales of production the price will fall to a range of 1 to 10USD per kg.

OF

 MARKET AND PRICE OF BIOPLASTIC

 

The world currently utilises approximately 260 million tonnes of plastics per year. Europe uses approximately 53 million tonnes of plastics and the UK utilises approximately five million tonnes of plastics in a year. Bioplastics make up about 0.1% of the global market at an approximate consumption volume of 300,000 tonnes per year and experts predict that this market will grow six-fold by 2011 reaching over 1.5 million tonnes per year. In Europe, bioplastic consumption is approximately 60-100,000 tonnes per year and the UK utilises an estimated 15,000 tonnes per year.

The otherwise nominal bioplastics sector is all set to take a leap in the coming years. According to European Bioplastics Association, the global production capacity for bioplastics is projected to grow four times by 2020. The factors in favour of the bioplastics are the hefty packaging taxes introduced in the Europe and the US , surging oil and feedstock prices that are making conventional polymers more expensive and the European directives designed to establish an infrastructure for compostable bioplastics collection. Conventional plastics have scored over bioplastics in terms of price. In the past, bioplastics packaging has cost roughly 20% to 100% more than the petroleum-based plastic. However, stringent packaging taxes imposed in Europe and US combined with the escalating oil and feedstock prices are leveling the field for bioplastics with petroleum-based plastics. According to Plastics Exchange in Chicago, as a result of the rising oil prices the price of resins like polypropylene (PP) has risen about 45%.

The prices of any biopolymer are likely to be high when it is only produced on a small scale. The scale of production is likely to have a greater influence on the price than the costs of the raw material source and of the chemistry involved. Today prices are bit high but at higher scales of production the price will fall to a range of 1 to 10USD per kg.

MARKET AND PRICE OF BIOPLASTIC The world currently utilises approximately 260 million tonnes of plastics per year. Europe uses approximately 53 million tonnes of plastics and the UK utilises approximately five million tonnes of plastics in a year.

 MARKET AND PRICE OF BIOPLASTIC

 

The world currently utilises approximately 260 million tonnes of plastics per year. Europe uses approximately 53 million tonnes of plastics and the UK utilises approximately five million tonnes of plastics in a year. Bioplastics make up about 0.1% of the global market at an approximate consumption volume of 300,000 tonnes per year and experts predict that this market will grow six-fold by 2011 reaching over 1.5 million tonnes per year. In Europe, bioplastic consumption is approximately 60-100,000 tonnes per year and the UK utilises an estimated 15,000 tonnes per year.

The otherwise nominal bioplastics sector is all set to take a leap in the coming years. According to European Bioplastics Association, the global production capacity for bioplastics is projected to grow four times by 2020. The factors in favour of the bioplastics are the hefty packaging taxes introduced in the Europe and the US , surging oil and feedstock prices that are making conventional polymers more expensive and the European directives designed to establish an infrastructure for compostable bioplastics collection. Conventional plastics have scored over bioplastics in terms of price. In the past, bioplastics packaging has cost roughly 20% to 100% more than the petroleum-based plastic. However, stringent packaging taxes imposed in Europe and US combined with the escalating oil and feedstock prices are leveling the field for bioplastics with petroleum-based plastics. According to Plastics Exchange in Chicago, as a result of the rising oil prices the price of resins like polypropylene (PP) has risen about 45%.

The prices of any biopolymer are likely to be high when it is only produced on a small scale. The scale of production is likely to have a greater influence on the price than the costs of the raw material source and of the chemistry involved. Today prices are bit high but at higher scales of production the price will fall to a range of 1 to 10USD per kg.

BIOPLASTIC

The world currently utilises approximately 260 million tonnes of plastics per year. Europe uses approximately 53 million tonnes of plastics and the UK utilises approximately five million tonnes of plastics in a year. Bioplastics make up about 0.1% of the global market at an approximate consumption volume of 300,000 tonnes per year and experts