Page 40 - Plastics News February 2024
P. 40

FEATURE




          Barrier Biopolymer PEF Propelled by Performance, Potential, and

          Sustainability
                                                                                 to  continue  during  the  forecast  pe-
                                                                                 riod.  Shifting  consumer  preferences
                                                                                 toward  sustainable  products  plays  a
                                                                                 pivotal role.

                                                                                 The legislative impact on PEF in
                                                                                 the US and globally.

                                                                                 Governments  globally  increasingly
                                                                                 prioritize  environmental  sustainabil-
                                                                                 ity by enacting stringent policies and
                                                                                 regulations targeting the reduction of
                                                                                 plastic waste. In the US, that includes
                                                                                 California’s CA SB 54, the impending
                                                                                 law that targets waste from single-use
                                                                                 packaging and plastic food ware.
         CEOs Marit van Egmond of Albert Heijn and Tom van Aken of Avantium share
         a bottle of fruit juice that will soon be made of PEF. AVANTIUM         These policies and regulations include
                                                                                 bans  or  restrictions  on  single-use
               omentum continues for biopoly-  erage  solutions  provider  for  brands,   plastics  and  incentivize  the  adoption
          Mmers, which are seen as sustain-  produces  the  bottle.  Albert  Heijn  is   of alternatives like PEF.  For example,
          able alternatives to conventional plas-  the largest supermarket chain in the   US laws authorize USDA to designate
          tics  sourced  from  plants  and  other  Netherlands.                  bio-based  products  for  Federal  pro-
          renewable materials.               PEF can replace PET in food and  curement.
          Polyethylene  furanoate  is  among  a  beverage packaging.             According to the report, “as govern-
          growing wave of biopolymer options.   PEF’s  applicability  extends  beyond  ment policies continue to evolve and
          The PEF market is projected to reach   beverage bottles to the broader pack-  become  more  stringent  in  tackling
          $28 million by 2028, at a compound   aging sector market due to its wide-  plastic  waste,  company’s  proactively
          annual growth rate (CAGR) of 8.1 %   ranging advantages, including as a sus-  adopting  PEF  stand  to  benefit  from
          from $19 million in 2023.          tainable  substitute  for  conventional  a competitive edge, cost efficiencies,
          That’s according to a global PEF mar-  packaging materials such as polyethyl-  and  market  differentiation  in  align-
          ket study released in January by Mar-  ene terephthalate (PET).        ment  with  evolving  environmental
          ketsAndMarkets.  It  reports  that  the   PEF  offers  exceptional  resistance  to   mandates.”
          bioplastic’s growth is primarily driven   gases like oxygen and carbon dioxide,  Omnexus, billed as the material selec-
          by government regulation and policies   which makes it an excellent choice for  tion  platform,  refers  to  PEF  as  “the
          along with increasing demand for PEF   diverse packaging applications.  Rising Star [of] today's bioplastics.”
          bottle production.
                                             PEF also exhibits impressive thermal  However, there’s no perfect polymer.
          In  fact,  the  PEF  bottles  subsegment   and mechanical characteristics which,  While  PEF  aligns  with  current  recy-
          is  projected  to  grow  at  the  fastest   along with recyclability, contribute to  cling  systems  via  PET  streams  over
          CAGR, in terms of value, during the   reducing  the  environmental  impact  the near term, production scalability,
          forecast period.
                                             through  sustainable  benefits.  It  also  cost-effectiveness, regulatory compli-
          That’s where the biopolymer will gain  has a lightweight composition to re-  ance,  and  consumer  acceptance  re-
          traction this year when European re-  duce material use and transportation  main  pivotal  hurdles,  report  analysts
          tailer Albert Heijn debuts high-barrier  costs.                        point out.
          fruit juice bottles on shelf.  The poly-  From a geographic view, the markets
          mer is sourced from Avantium while   of Asia Pacific are registering high PEF
          Refresco,  a  global  independent  bev-
                                             growth,  and  the  trend  is  projected
          42    PLASTICS NEWS                                                                        February 2024
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