Review of the 11th European Bioplastics Conference 2016
By Denise Neves Gameiro, editor for Labiotech.eu, the new leading digital media platform covering news from the European Biotech industry
Where are bioplastics going? At the end of November, 300 experts came together in Berlin to “rethink Bioplastics” and their role in the much-hailed circular economy.
The diversity of speakers and exhibitors at the 11th edition of the European Bioplastics Conference offers, in itself, an overview of the different fields and players that make up the bioplastics industry. Participants ranged from the producers of the biobased chemical “building blocks” and biopolymers like Biotec, which uses potato peels to make biodegradable plastics, to famous brands like Renault.
Outside this normal “supply chain”, representatives for politics, certification, academia, waste management and even the traditional chemical industry found their way to the conference.
How are Bioplastics doing now?
The conference organizer, European Bioplastics, took the opportunity to disclose the latest market data. The core message was clear: despite the low prices of oil, the production capacity for bioplastics is growing. Maybe this isn’t so surprising. As it was mentioned during last Labiotech Refresh‘s Global Bioenergies fireside chat, the low price of fuel made companies shift away from biofuels and into added-value chemicals. For example, Neste (Finland) is a leader in renewable fuels but is now expanding to biobased materials – most famously with its Ikea deal.
Globally, bioplastics production reached 4.1 million tons in 2016, growing 5% from last year. Similarly upbeat are the predictions for the next 5 years. Production capacity should go up 50%! Kristy-Barbara Lange, who presented the data, stressed that more and more materials are gaining a market share and that there’s a demand for m