A new report from Coherent Market Insights finds environmental concerns and regulations on conventional plastic are contributing to growth in the market.

The combined company will be renamed Danimer Scientific and is expected to remain listed on the NYSE under a new ticker symbol. 

The market was valued more than $35 billion in terms of revenue in 2019 and is predicted to grow at a CAGR of 25.8% during the forecast period (2020 to 2027).

In a world where sustainability is a top priority, brand owners in every industry are positioning their brands as environmentally friendly. From food production to packaging, even price may be taking a back seat to sustainability when it comes to consumer demands.

In today’s marketplace, it seems bioplastics would be the perfect answer. Nowhere would this be more important than in the flexible packaging segment, which faces growing concerns about the use of plastics — its primary material.

BioLogiQ, Inc., a bioplastic resin manufacturing company specializing in plastic products made from renewable resources, has appointed R&F Chemical of Seoul, South Korea, as strategic partner. R&F Chemical will focus on product development and engineering while also acting as the exclusive South Korean importer and master distributor for BioLogiQ's portfolio of NuPlastiQ BioPolymers.

FPA’s annual Environmental Summit & Safety Summit is set for Jan. 26-27, 2016. Among a range of issues, the program probes EPA and OSHA priorities and regulatory plans.