Algae-Based Bioplastic Resins Launch in 201029 Dec 2009 • by Natalie Aster
Californian company Cereplast believes the US bioplastics market will top $10 billion in sales by 2020 and plans to commercially market its first algae-based products in 2010.
“Breakthrough products are enabling manufacturers to make the switch to environmentally responsible, sustainable packaging,” said Frederic Scheer, founder and CEO of Cereplast. “Our algae-based bioplastics, currently under development, will soon open up a whole new source of feedstock and result in a broad range of new applications.
“American consumers are pushing major manufacturers and retailers to make the switch to environmentally conscious solutions. Many of the largest retailers have already made in-roads with programs designed to adopt alternative packaging, including Wal-Mart and Coca-Cola.”
Scheer believes that algae as biomass can be a significant renewable resource and be used as a raw material for biopolymer feed stock.
“Algae can help close the loop on polluting gases and can be a significant renewable resource,” he said. “Algae-based resins represent an outstanding opportunity for companies across the plastic supply chain to become more environmentally sustainable and reduce the industry’s reliance on oil.”
Based on Cereplast’s efforts, including recent commitments with major players in the algae field, the company believes that algae has the potential to become one of the most important green feed stocks for biofuels, as well as bioplastics.
“I think people are realising that sustainability is crucial, and they are really interested in what we are doing,“ said Mr Scheer.
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