Italy-headquartered bio-based materials company Novamont is doubling its production capacity biopolyesters to 100,000 tonnes a year by April 2018, the company has announced.
The investment, which is the second phase expansion at the Mater-Biopolymer plant in Patrica, south-east of Rome, will see the increase in Origi-Bi biopolyester range, which is used to improve the technical, economic and environmental properties of Mater-Bi biodegradable and compostable bioplastics.
Novamont acquired Mater-Biopolymer from the Mossi & Ghisolfi group in 2016.
In 2009, Novamont entered into partnership with M&G to convert an idled line, of the two PET production lines, into its bio-technology.
In 2011, the first continuous plant for production of Origo-Bi – biodegradable polyesters obtained from monomers from vegetable oils – was inaugurated, making it a flagship plant and a link to the Novamont biorefinery.
Commenting on the investment, Novamont managing director Catia Bastioli said the expansion was “a further step towards building a bioplastic and biochemical supply chain integrating research, agriculture and industry and developing products that can deliver solutions to major environmental problems”.
Novamont currently has around 600 employees and an annual global turnover of €170m. It has offices in Germany, France and the US and states it operates through its own distributors in Benelux, Scandinavia, the UK, China, Japan, Canada, Australia and New Zealand.