Teijin takes stake in PLA producer NatureWorks

Teijin also owns 50% of DuPont Teijin Films, which makes polyester films for packaging and has just created a clear heat-sealable film that for the first time uses post-consumer recyclate.

Cargill vice-chairman Guillaume Bastiaens said NatureWorks would benefit from Teijin's expertise in fibres, films and plastic compounds.

Although many companies want to use PLA, a polymer made from corn starch, in packaging applications, a shortage of supply has affected adoption of the material.

In April, bioplastics developer Stanelco said the shortage of PLA was delaying development of its Biotec range of products.

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