Halfway through the year, Plantic Technologies will decide on building a biopolymer plant in Eastern Europe. Europe is currently the key target in the US$1 bln (£507 mln) market for bioplastics.
The capacity in Europe is desired as it would eliminate sea freight, which accounts for 12% of sales costs in Europe.
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Wednesday, May 14, 2008
Plantic Technologies mulls polymer plant in Eastern Europe
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