Archive for January 4th, 2010
For 2010 it’s bioplastic, not plastic
The future of plastics once fossil fuels run dry or the price for it becomes too expensive will hinge on bioplastics.
So says says Frederic Scheer, chairman, president and founder of Cereplast Inc., a Hawthorne, CA, company that designs and manufactures bio-based, sustainable plastics. But he also says, somewhat ruefully, that the bioplastic future is distant, measured in terms of decades.
Which is not to say that bioplastics’ present is particularly shabby: Scheer says that U.S. demand for bioplastics could exceed $10 billion by 2020. That’s a conservative estimate, he contends, but it’s still a “drop in the bucket” compared to the traditional plastic market, which is about $2.5 trillion.
