Bioplastics are a family of different resin types, which are either bio-based or compostable or both. Bioplastics add new properties and performance characteristics to the huge family of plastics. So-called oxo-biodegradable polymer products, which fragment into small pieces, are not considered to be a bioplastic.

Mitsubishi Corporation and Weyerhaeuser Company today announced that the two companies signed a Strategic Memorandum of Understanding (MOU) to explore the possibilities of collaborating in the biomass-to-energy business.

Shell International Petroleum Company Limited (Shell) and Cosan S.A. (Cosan) announced today they have signed a non-binding memorandum of understanding (MoU), with the intention to form a circa $12 billion joint venture (JV) in Brazil for the production of ethanol, sugar and power, and the supply, distribution and retail of transportation fuels.