14 Mar 2022 --- The bioplastics industry could experience a boom as fossil fuel-based virgin plastics face sharp price rises and material shortages due to COVID-19 disruptions, economic inflation and political conflict, according to Tipa. We speak to the Israeli bioplastics leader to understand how the recent invasion of Ukraine could spur an industry rush to source bio-based alternatives and what this could mean for environmental sustainability. Tipa’s vice president of strategy analysis and public affairs, Julia Schifter, says the culmination of years of forces majeures negatively impacting traditional energy supplies and resources, combined with the recent outbreak of war in Ukraine, could put the bioplastics industry in prime position for rapid expansion.
