Natural News - As the price for crude oil continues to rise over time, the cost of producing petroleum-based plastic products continues to rise with it. Alternatives such as bio-plastics, which currently cost more to produce than existing plastics, may someday become more cost effective than petroleum-based plastics.
Frederic Scheer, owner of a company called Cereplast that makes sustainable bio-plastic material from vegetable and grain starches, believes that petroleum prices will eventually exceed the costs of producing his own product. By 2013, he believes that industry giants like DuPont and BASF will pursue his technology as a replacement for their soon-to-be outdated petroleum plastics.
Scheer's company has developed a method of converting starch from corn, wheat, tapioca, and potatoes into biodegradable plastic resins. Because they effectively biodegrade in a mere 90 days, they are an excellent alternative to traditional plastic cups, containers and packaging materials. Read more.