Bioplastics to increase by 50% amidst high demand for recyclable packaging

EUROPE - European Bioplastics in Berlin have stated that the oil industry is set to face challenges as bioplastics made from sugarcane, wood and corn is projected to grow in the next five years. European Bioplastics brings together companies like Cargill and Mitsubishi Chemical Holdings, German chemical giant BASF and the Finnish paper maker Stora…