date:Jul 11, 2012
Braskem opened a 200,000-metric-ton-per-year plant in Brazil in late 2010 to increase production of bio-based polyethylene and China and Thailand plan to open over 100,000 metric tons of new bioplastics capacity by 2020.
Two other bio-based polyethylene plants and a bio-based polypropylene facility are planned to open around 2015 as global demand increases.
Asia-Pacific growth
The market research firm predicted Asia/Pacific would take over by 2020 with global demand at 875,000 metric tons a