Taiwanese, Thai firms form bioplastics JV

Taiwanese bioplastics compounder and equipment supplier Minima Technology Co. Ltd. is making a push into Thailand, setting up a joint venture with one of the country’s largest plastic film manufacturers, Thai Plastic Bag Industries Co. Ltd.

The companies say they see opportunities to both export bioplastic products and develop the local market in Southeast Asia, and they believe plans for new biopolymer resin plants in Thailand could provide them with a longer-term advantage.

…Full Text: www.plasticsnews.com/article/20130130/NEWS/130139979/taiwanese-thai-firms-form-bioplastics-jv

Tags: blown film line, polylactic acid resin, compounding, biodegradable plastic film, local market, free-trade zone