The size of the growing global bioplastics market is now valued at $3.94 billion, according to a recent report. As companies are increasingly faced with high raw material costs, volatile crude oil prices, consumer demand for more responsible products, and increasing regulation of toxic chemicals, the market for bioplastics will continue to grow.
Read More“Gutter oil” is waste cooking oil that can be converted in biofuels. In Beijing, Boeing is sponsoring the China-US Aviation Biofuel Pilot Project, using technology to convert gutter oil into jet fuel. It is estimated that 1.8 billion litres of biofuel could be made annually from used cooking oil in China.
Read MoreThe City of Edmonton, Canada is upping the ante on the percentage of its waste that’s converted into other materials – from 60% to 90% (a world-leading level). The company Enerkem has developed technology to aggregate, sort, and clean municipal waste and convert it into methanol. Instead of $90 per ton to landfill the waste,…
Read More“Biofuel Companies Look Beyond the Gas Tank.” According to this recent article in the New York Times, biofuel companies are diversifying their output of bioproducts. The ethanol market, which is saturated and threatened by the uncertain outcome of federally-mandated blending rules, does not provide enough incentive anymore. There needs to be a higher value-added product. As…
Read More“Biofuel Companies Look Beyond the Gas Tank.” According to this recent article in the New York Times, biofuel companies are diversifying their output of bioproducts. The ethanol market, which is saturated and threatened by the uncertain outcome of federally-mandated blending rules, does not provide enough incentive anymore. There needs to be a higher value-added product. As…
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