Replacing petroleum-based plastics
Take lactic acid. It is not a product that most of us think about. Yet, this organic compound – naturally produced by organisms when they break down carbohydrates for energy – is a key raw material for biodegradable products.
It is also needed in bulk to manufacture our everyday products – from medication to food, textiles, and biodegradable packaging and labeling. Biodegradable plastics – used, for example, in bags, cutlery, utensils or packaging materials – are expected to replace petroleum-based plastics and reduce the impact of these common products on the environment.
In China, earlier this year, authorities issued a three-year plan to speed up the development of the country’s non-food bio-based materials industry, and strengthen its innovation capabilities, scale up production, and meet sustainability goals, namely, strengthening the “bioeconomy” or bio-based economy while reducing carbon footprint.
For GF, this is an important opportunity to pursue its strategic objectives while supporting customers on their own sustainability journeys.