Cereplast reports U.S. legislative climate creating opportunities for bioplastics industry
In Indiana, Cereplast reports that the U.S. legislative climate is creating potential opportunities for the bioplastics industry. The Federal Trade Commission recently announced several enforcement actions against plastics companies for not complying with the FTC Green Guides.
This marks the first time the agency is addressing biodegradable plastic claims. The enforcement actions relate specifically to companies making unsupported and allegedly false claims that additives make their conventional plastics biodegradable.
Nationally, cities across the United States are taking steps toward developing composting infrastructures, such as San Francisco and Portland. Also, in New York City, the mayor is working to implement a composting program in an effort to reduce waste in the city. As composting increases, and as petroleum based plastic bags are increasingly understood not to be biodegradable, the demand for bioplastics could reach $180 million.
Category: Dashboard
