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Soybean Board funds firm to commercialize soy-based plastics

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COLUMBUS (Commdoity Online): United Soybean Board (USB) is funding the Bioplastics maker Biobent Polymers to help commercialize soy-based plastics sold by Dublin, Ohio-based Biobent.


The fund amount is not disclosed.


“With USB support, we are continuing our alliance with Biobent Polymers taking the next step down the commercialization road for a critically important sustainable green technology,”said Rick Heggs, senior market manager, Battelle.


Biobent sells soy-based bioplastics under the Panacea brand name. The materials - which incorporate polyethylene and polypropylene resins - are compounded for Biobent by Ovation Polymers of Medina, Ohio.

MCX Light Sweet Crude Oil 19 June 2012 contract was trading at Rs 5241 , up Rs. 233 . What's your view on it?
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