According to Lux Research, the global bio-based chemicals industry is scaling to commercial levels - driven by corporate partnerships, private investments, and innovative technologies. As producers scale up, staying consistent in quality and competitive on both cost and performance are important in capturing market share from petroleum derived chemicals.

Over the past 12 months, bio-based materials and chemicals have moved from the laboratory stage to commercialization, totaling over 4 million tons of annual production capacity. Though still miniscule in market size relative to the fossil derived chemicals, growth is boosted by consumer preference for environmental friendly products, corporate commitment to renewable and sustainable brand values and government mandates, especially in Europe and beyond.

Blessed with extensive agriculture biomass resources, feedstocks and access to markets, the ASEAN region is becoming an attractive hub hosting production. Production capacity for bio-based materials and chemicals in ASEAN, in particular Thailand, Malaysia, Indonesia and Vietnam, rose from 500,000 tons to 816,818 tons from 2006 to 2011 and this growth is expect to rise 87.3% to 1,529,636 tons. Across Japan, Korea and rest of Asia, production capacity climbed 31.11% to 309,200 tons from two years ago, and expected to nearly double in three years.

Fueled by the strong growing demand for environmentally sustainable and biodegradable products, the bio-plastics industry is gearing up for exciting new developments. Anticipate changes in the global scene as the bioplastics production expands from Brazil, China to South East Asia. Braskem, a clear leader in the field, rolled out its construction of the first bio polypropylene (PP)and second bio polyethylene (PE) last year. As such with PTTMCC Biochem, for polybutylene succinate (PBS) plant, which started construction in Thailand, NatureWorks is also considering a new bio-plastics plant in the region later this year.

2012 EVENT TESTIMONIALS

Informative - PTTGC (Official Host)

Conference gave me a good, broad overview on BP development, status of application and expectation up to 2015.
- Brueckner Far East

It was an excellent opportunity for networking inbiobased chemical industry and understand what this industry is doing - Novase

Dynamic attendees from around the world and very engaged in the topic at hand - Lux Research

Interesting and informative conference - Kasetsart University