Page 68 - Plastics News July 2025
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BUSINESS NEWS








          technology with various commercial bioplastics        suitable for manufacturing packaging and plastic
          to produce these flexible biodegradable and/          products that are banned under the SUP direc-
          or compostable films. It has also developed new       tive. However, these materials must have the ap-
          formulations of natural polymers, such as poly-       propriate characteristics to be processed using
          saccharides and animal and plant proteins, to         conventional packaging manufacturing technol-
          study the modification of their mechanical and        ogies, such as extrusion processing, and must
          barrier properties when processed through non-        also  meet the  necessary  requirements  to  pre-
          oriented sheet extrusion and MDO extrusion.           serve the products they contain.”

          These naturally sourced materials may come            The BIOPROCESS project is part of the 2024
          from algae, corn or potato starch, gelatins,  or      call for aid aimed at technology centers in the
          proteins, and in many cases are by-products of        Valencian Community for R&D projects in col-
          various industries, adding value to these low-cost    laboration with companies, promoted by the
          materials and making them good candidates for         Valencian Institute of Competitiveness and In-
          use in sustainable packaging applications.            novation (IVACE+i), with funding from the Euro-
                                                                pean Union’s European Regional Development
          As Rosa González, lead researcher of the Pack-        Fund (ERDF) under the 2021–2027 Operational
          aging Cluster at Aimplas, emphasized, “The use        Program.
          of chemically unmodified natural polymers is
          gaining ground in these applications, as they are                             Source – RECYCLING magazine




          FTA fuel and China caution: Piyush Goyal


          eyes $870 bn export ambition for India


                                                                         espite mounting global uncertainties,
                                                                         Commerce and Industry Minister Piyush
                                                                DGoyal remains optimistic about India
                                                                achieving record-breaking exports this fiscal
                                                                year. Goyal outlined a robust vision backed by
                                                                strategic free trade agreements (FTAs), target-
                                                                ed investments, and focused growth in key sec-
                                                                tors such as electronics, engineering, and phar-
                                                                maceuticals.

                                                                India's total exports surged to an all-time high
                                                                of  $825 billion in 2024–25, registering over
                                                                6%  growth with  a compound annual  growth
          Union Minister Piyush Goyal                           rate (CAGR) of 5.8% over the last decade. From

             68   PLASTICS NEWS                                                                         July 2025
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