Study makes the case for UK bio-plastics industry

//Study makes the case for UK bio-plastics industry

Study makes the case for UK bio-plastics industry

The UK has the opportunity to develop a domestic bio-plastics industry able to support 35,000 jobs, produce £1 billion in gross employment compensation and generate £2 billion of gross value added to the economy, according to a report published by the Centre for Economics & Business Research (CEBR).

CEBR’S analysis, reported to be the first of its kind in the country and presented to the House of Lords by the Bio-based and Biodegradable Industries Association (BBIA), shows that for the UK to fully capitalise on the industry’s potential, a supportive technological, legislative and commercial environment should be in place. To achieve this, CEBR suggested the UK could learn from the examples set by Europe, the USA and Asia…

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By | October 26th, 2015|News from the web|0 Comments