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Lego allocated $160 million to research more sustainable materials for its building blocks.The new technology will have to compete against massive refineries that convert hundreds of thousands of barrels of every day into plastics.
Coca-Cola has sold more than 50 billion so-called Plant Bottles.
German chemical giant BASF and the Finnish paper maker Stora Enso have stepped into the business to meet demand from the likes of Coca-Cola Co.
"Biochemicals and bioplastics could erode a portion of oil demand, much like recycling can erode overall virgin plastics demand," said Pieterjan Van Uytvanck, a senior consultant at Wood Mackenzie, an energy research group..
"This is why oil majors are focusing on petrochemicals." But alternatives are appearing.
BASF set up a joint venture with Avantium Holding last year and is making bottles from cornstarch at a pilot plant.
' " Oil companies make ethylene and other basic building blocks for plastic.
They've been eyeing that market for growth as electric cars threaten to trim demand for gasoline.Some are also designed to naturally degrade after use. "Attitudes are evolving," said David Eyton, the head of technology at BP.Top producers include Sao Paulo-based Braskem, Nature Works in the U. "The question that faces the petrochemicals industry that has yet to really be answered is, 'How are people going to deal with some of the environmental impacts of petrochemicals?The new design was introduced at the International Association of Chiefs of Police (IACP) convention in 1950, and was favorably received.A vote was held to name the new revolver, and the name "Chiefs Special" won.You're an average robot, looking for some hot robot action. Good luck with your seduction of this jaw dropping machine. My favorite part was when I said "This statement is false".