The global Polylactic Acid (PLA) market is expected to reach $5.2bn by 2020, according to Allied Market Research (AMR), but the material still faces stiff competition from other products on the market such as PET and PVC and PE.
Nova Chemicals is to expand its Arcel mouldable foam resin
manufacturing capacity to 100 million pounds per year by the end of
2006 to meet soaring demand.