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Monday, May 6, 2024

» Thailand is now world’s second-largest maker of bioplastics

Thailand is now world’s second-largest maker of bioplastics

Thailand is now the second-largest producer of bioplastics in the world behind the U.S., thanks to the Thai government’s commitment to the bio-circular-green (BCG) economy.

“The U.S. is producing roughly 150,000 tons of bioplastics each year, while Thailand now has the capacity to turn out 95,000 tons,” said Viboon Pungpraset, President of the Thai Bioplastics Industry Association. Thai manufacturers are planning to increase capacity by another 75,000 tons per year.

Potential for further growth is high. Demand for bioplastics, especially in developed countries is rising, and 90 percent of the bioplastics Thailand is…

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