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Environment

Marine plastic waste crisis fuels quest for better packaging

Chemical industry sees opportunity in monomaterials and biodegradables

A boy swims through Manila Bay collecting recyclable plastic waste. Tackling marine pollution has become a matter of growing importance for the chemicals industry.   © Reuters

KUALA LUMPUR -- With food and beverage companies increasingly moving to curb their use of plastic and investors becoming more environmentally conscious, the world's chemical industry is under pressure to tackle marine plastic pollution.

Asia is the focal point, since China and Southeast Asia have led the growth of the global chemical market. At the same time, the rising volume of plastic waste in oceans, lakes and rivers has become a matter of widespread concern in Europe and elsewhere.

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