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China aims to go as big in bioplastics as it did in solar panels

One supplier's 700,000 ton capacity buildup dwarfs global demand

Workers sort out plastic PET bottles at a Chinese recycling factory.   © Reuters

TOKYO -- Chinese material manufacturers plan to dramatically increase their output of biodegradable plastics made from plants in response to China's ban against disposal plastic bags.

A single company, China BBCA Group, aims to build up its capacity to produce the plastic to a level that far outstrips global demand.

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