RMI resource minerals international ltd

Well they may be able to make money from cassava ..??Bioplastics...

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    Well they may be able to make money from cassava ..??

    Bioplastics market:

    Just a snippet:

    "To reach full potential, bioplastics must come down in price; today they are two-to-three times the price of fossil-based plastics. This sector is also highly capital intensive. For every one million tons of bioplastics production capacity, at least $1.25 billion is invested.

    Cost reductions will be achieved through economies of scale and by using less expensive feedstocks; switching to cassava for bio-PLA will reduce feedstock cost by 70 percent. Another factor that will help bio-plastics will be ongoing technical improvements such as better barrier coatings.

    The consumption of bioplastics by the packaging industry will amount to 1.3 million tons in 2013; almost 75 percent of bioplastics shipped. Packaging will still hold a 65 percent share of the bioplastics market as late as 2020. For plastic bottles, bio-PET is expected to replace fossil-based plastics entirely and PLA foamed structures are expected to take a noticeable share of the food container segment."

    Source:
    http://www.biomassmagazine.com/articles/8411/nanomarket-report-forecasts-growth-in-bioplastics-market
 
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