Bioplastics company Novamont SpA will double its production of Origo-Bi biopolyester in early 2018.
The company's executives said at a news conference that the expansion will increase Origo-Bi's annual production from 110 million pounds to 220 million pounds.
The new product will be put into use before April. Executives added that these materials will also have a higher content of renewable raw materials.
Origo-Bi can be used in Mater-Bi biodegradable plastics and compostable bioplastics produced by Novamont. These bio-polyesters are produced in a factory in Patricia, Italy. The plant was acquired by Novamont from the Mossi & Ghisolfi Group.
In 2014, Novamont acquired a majority stake in the Mater-Biopolymer division of M&G Group and acquired the remaining equity of the business in 2016. Company personnel said that with the development of new chemicals and production processes, the Patricia plant "has brought a powerful new impetus to the upstream integration of the Novamont product line."
Novamont has been working with M&G since 2009. M&G had previously produced PET resin at its factory. In 2011, "Origo-Bi" began production.
The company’s general manager, Catia Bastioli, said that doubling the production of the Patricia plant “is a step closer to building a bioplastic and biochemical supply chain... This will provide solutions to major environmental issues.”
The main production site of Novamont Mater-Bi is in Terni, Italy. These materials are distributed throughout the world. In 2016, the company had 600 employees and sales of 170 million euros (about 202 million US dollars).