June 19, 2017
Kin Communications is pleased to advise that Solegear Bioplastic Technologies (TSX-V:SGB) was featured in Energy and Gold.
An excerpt as well as a link to the complete article can be found below.
Global Bioplastics Market Predicted To Grow 350%
Few Public Plays to Gain Exposure To A Rapidly Growing Sector Destined for Leverage
There is a tremendous opportunity for investors in a growing segment of the largest material market in the world, the plastics market! However, the industry is drastically changing in the developed world as government policies and consumers are pressuring manufacturers to shift towards eco-friendly packaging and a focus on switching from fossil fuels to renewable resources.
Companies are shifting to alternative forms of packaging using renewable bio-mass materials, making “bioplastics”. Companies like Coca-Cola® have introduced their ‘PlantBottle’ made up of 30% plant-based materials. With manufacturers shifting from traditional plastics to bioplastics, analysts are expecting the bioplastic market to grow at CAGRs of 17.5% or more between 2016-2020.