Is reshoring a long-term change or a short-term shift?

02/25/2014

Renewably sourced plastics continue to make steady gains, but the industry is changing rapidly and some suppliers are failing. That's a quick impression from Innovation Takes Root (ITR), a bioplastics conference held this week by Nature Works in Orlando, FL.

The major positives boosting the industry and contributing to overall double-digit sales gains include:

*Major corporations continue to adopt and implement sustainability programs that encourage increased use of renewably sourced plastics because of their ability to reduce a component's carbon footprint. Officials at Lego, 3M, and IBM discussed their interest in bioplastics at ITR.

*The new U.S. Farm legislation is expected to provide new financial incentives for the bio economy.

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