BP Partnership to Develop Renewable Plastics

[RenewableEnergyAccess.com] Metabolix, Inc. of Cambridge, Massachusetts and BP agreed to a joint development program to develop renewable and biodegradable plastics. The two-year collaboration will include BP’s newly formed olefins and derivatives (O&D) petrochemical subsidiary. The agreement will research and develop grass crops containing high levels of naturally grown polymers, which can be used to produce biodegrading plastic materials. A co-product of the process would be advantaged biomass material, which can be converted to energy. BP will provide financial support for the program as well as full-time staff over the two-year period, which has already begun. In addition, the companies will explore commercial options to exploit any technology that results from the collaboration.
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