Log In | Become a Member | Contact Us


Connect on Twitter | Facebook | LinkedIn

Corbion Makes Next Step in Entering the PLA Market

Thursday, May 07, 2015

Press release from the issuing company

Corbion today announces that it has signed letters of intent for one-third of the volume of a 75 kTpa PLA polymerisation plant. Corbion reached the next milestone to enter the PLA market as set out in its strategy Disciplined Value Creation. 

“Over the past few months we have been in contact with a range of existing and new PLA users. These contacts have formally confirmed their strong interest to have access to a credible and reliable major 2nd source for PLA resins.” says CEO Tjerk de Ruiter. “These commitments were obtained from a broad range of PLA customers, operating in a variety of industries including food, packaging and fibers, located across different geographies.”

In order to further accelerate market acceptance of PLA, Corbion has already begun to test, validate and sell pre-marketing volumes of PLA. “Making these pre-marketing resins available will accelerate market acceptance of PLA and will allow Corbion to get deeper insight into the various product-market combinations. The pre-engineering is in full progress and is expected to run till end of the year.” continues Tjerk de Ruiter. 

As part of its strategy Disciplined Value Creation, announced on 30 October 2014, Corbion is accelerating its thrust into the biotechnology arena, making the next step in the bioplastics value chain by becoming a PLA producer. PLA is a unique bioplastic, being both biobased and biodegradable.

 

Post a Comment

To post a comment Log In or Become a Member, doing so is simple and free

 

SHARE

Email Icon Email

Print Icon Print

Label & Packaging Section

Jennifer Matt

David Zwang, Editor/Analyst
David travels the globe helping companies increase their productivity, margins and market reach.

 

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2017 WhatTheyThink. All Rights Reserved