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Asian sugar king Mitr Phol to start bioplastics production

Thai group partners with Marubeni to build new pillar for growth

Thailand is a major producer of sugar cane, which can be used to create bioplastics. (Photo courtesy of Mitr Phol Group)

BANGKOK/TOKYO -- With increasingly health-conscious consumers losing their appetite for sugar, Asian industry leader Mitr Phol Group will turn its access to sugar cane, cassava and similar crops toward the production of plant-based plastics.

The Thai-based group is teaming with Japanese trading house Marubeni on bioplastics, signing a memorandum of understanding in January. This year they will produce a type of plastic derived both from petroleum and the starch in crops such as cassava.

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