China (PRWEB) March 30, 2009
The growing awareness on environmental preservation and high fossil fuel prices are considered to be the driving force for Bioplastics growth. However with current economic turmoil and sharp fall in crude oil price, what will the impact on bioplastics development? Will this affect companies' plans to go "green or delay their bio investments? Bioplastics are often regarded as a potential competition to food, so are the new innovations for next generation Bioplastics from non-food feedstock. These are just some of the issues that will be addressed at CMT's 3nd Bioplastics Markets on 21-22 May 2009 in Guangzhou, China.
The usage of petroleum-based plastics continues to increase to an estimated range of up to one trillion pounds per year. According to BCC research, the market for biodegradable plastics is expected to reach 1.2billion pounds by 2012, up from 541 million pounds in 2007. Currently bioplastics account for a very small percentage of the global plastics markets but it is growing as many companies are looking into reducing dependence on fossil fuel and carbon emissions. Latest in the news by Bioplastics24.com is NatureWorks achieving breakthrough in bioplastics technology, a new proprietary manufacturing process commissioned late last year lowers CO2 emissions by 60% and reduces by 30% the energy required for production of Ingeo plastics.
CMT's Bioplastics conference has grown in size over the last 2 years to be one of the most authoritative bioplastics conference in Asia. In 2008, CMT has garnered 150 delegates of which 70% were from Asia, 15% from North/Latin America and 15% from Europe/ Middle East.
At this year's 3rd Bioplastics Market conference 2009, CMT has invited key speakers from: NatureWorks LLC, Biograde Ltd, Novamont SpA, Michigan State University, Nexant, Merquinsa, BASF, Northern Technologies International Corporations, SCION, Robin Bio Plastics Ltd, Ecota Environmental Technology Co Ltd, Organic Waste Systems, Guangzhou Kemeng Catalytic Materials, Sun Yat-sun University, Tsinghua University, Ping An of China asset Management, BIOP Biopolymer Technologies.
Key Areas 3rd Bioplastic Market will focus on -
•Crude oil price trends on bio development
•Case studies from leading suppliers' and their experiences of supplying bioplastics materials at the Beijing Olympic Games
•Application trends of Bioplastics from Europe to Japan to India.
•Brand owners and retailers commitment to "green products"
•New technology and innovations from leading Bioplastics producers.
•End-of-life scenarios for Bioplastic and how it constitutes to environmental preservation.
•Emerging trends in PHA bioplastics
•Views of products designers on material selection criteria and future trends.
•Details on modified PLA technology for high temperature applications.
Those seeking more information on participation or sponsorship at 3rd Bioplastics Market 2009 should visit http://www.cmtevents.com/?ev=090528&st=59 or contact Ms Reema Patnaik +65 6346 9144
About Centre for Management Technology
A global organizer HQ in Singapore, CMT is dedicated to the provision of latest business and technology information through high profile conferences for varied industries. CMT forums encircle the globe from Asia Pacific to Middle East to New Europe/Russia and the Americas. In our 26th years of operation, CMT has hosted leading conferences on Energy, Plastics, Commodities, Chemicals and Biofuels. Visit http://www.cmtevents.com for further information about us and our events.
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