Biome gets a boost from its bioplastics business

Group revenue was up 42%, to £19.1m, while its bioplastics division saw its revenue climbed by an impressive 47% to £16.2m.

The company’s chief executive, Paul Mines, was upbeat about the company’s performance, pointing to a changing plastics landscape for the upturn in performance. He cited the growing number of bans on traditional carrier bags around the world, and an associated search for bio-based alternatives, as being especially helpful.

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Tags: bio-based alternatives, bioplastics

Source: PRW, 2012-03-29.