Emerging Bioplastics Market in SEA: Unlimited Growth Potentials and Challenges

Business Wire, July 29, 2008

SINGAPORE -- Frost & Sullivan's Chemicals and Materials Practice in Asia Pacific (http://www.chemicals.frost.com) will host an exclusive live briefing on the Emerging Bioplastics Market in SEA: Unlimited Growth Potentials and Challenges, on Thursday, August 14th 2008 at 11:00 hrs (GMT 08:00hrs) Singapore time.

The bioplastics market in SEA has just kick started into motion and is still in the development and introduction stage. It is likely to find the going good with huge potential for further market penetration, favorable local government support and initiatives, increasing competitiveness of bioplastics due to increase in oil price and numerous other factors. The bioplastics market in SEA is so far not one of the most technologically advanced plastics market. The current growth levels are expected to start with Thailand driving the growth of the market.

The briefing would look at the drivers, restraints, and various industry challenges that bioplastics have to overcome to further the growth and development of bioplastics market in SEA. We would then look at where the bioplastics industry is today and who are the major players in the market.

Highlights of the briefing include a discussion on the overview of Bioplastics Market in Southeast Asia, Market Analysis, Application Outlook, Competitive Structure and Conclusion. We will also provide an update of related and upcoming research and provide an opportunity for a question and answer session with the analyst.

This briefing will benefit bioplastics producers, converters, distributors and end users and others who are actively involved in the SEA bioplastics Market.

Xu Dan, Industry Analyst for the Chemicals, Materials and Food division of Frost & Sullivan, Asia Pacific says that, "Bioplastics are fully degradable by bacteria, and the degradation process and residue are non-toxic. The Thai Bioplastics Industry Association, whose members include local major polymers producers such as PTT Chemical and Siam Cement Group is working closely with the local government to develop a local bioplastic raw material industry." She adds, " Thailand targets to derive 5 percent of its plastics from bio based sources in 2012, and has introduced an incentive program that includes research funding and tax policies to attract foreign and domestics companies to establish biopolymer factories in the country."

Join us as Xu Dan shares her insights on Emerging Bioplastics Market in SEA scene. Those interested in registering for the interactive live briefing should send an email to Corporate Communications -- Donna Jeremiah at djeremiah@frost.com with the following information: full name, company name, title, telephone number, e-mail address, city, state and country. The registration details will be emailed to you upon receipt of the above information.

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