- In January 2025, Corn Next introduced CornNext-17, a bio-based plastic material made from corn starch for biodegradable packaging applications, such as tableware and single-use food containers. This product leverages natural fermentation to enhance sustainability and is designed for scalability in food and beverage packaging. The launch strengthens Corn Next’s position in the bioplastics market, catering to rising demand for eco-friendly alternatives
- In November 2024, Walki and Lactips formed a strategic partnership to develop biodegradable, plastic-free food packaging using casein-based polymers derived from milk processing. This collaboration focuses on creating recyclable packaging within the paper stream, aligning with European regulations targeting single-use plastics. The partnership enhances Walki’s portfolio and positions Lactips as a key innovator in sustainable packaging, boosting adoption in eco-conscious markets
- In October 2024, SK Leaveo announced plans to build the world’s largest biodegradable plastic plant in Hai Phong, Vietnam, with construction starting in early 2024. This facility will produce bioplastics for packaging, targeting the growing demand for sustainable solutions in the Asia-Pacific region. The plant aims to strengthen SK Leaveo’s market presence by offering high-capacity production of biodegradable films and rigid packaging for food and consumer goods.
- In September 2024, CSIRO and Murdoch University launched the Bioplastics Innovation Hub, an initiative to develop fully compostable bioplastics for packaging applications. This collaboration focuses on creating biologically sourced plastics that decompose in compost, land, or water, addressing the demand for sustainable food and beverage packaging. The hub works with industry partners to enhance scalability and market adoption, strengthening Australia’s position in the global bioplastics market
- In May 2023, BASF SE expanded its ecovio portfolio with the launch of ecovio 70 PS14H6, a biodegradable polymer for food and beverage packaging. This coating-grade material offers superior barrier properties, temperature stability, and food-contact approval, addressing the need for sustainable packaging with enhanced performance. BASF’s innovation reinforces its leadership in the bioplastics market, targeting high-growth sectors such as flexible packaging
