PARIS, Nov. 19 /CNW/ - Bioplastic investors from throughout the world
will gather in Paris for the European Bioplastics conference. Germany is an
excellent market for bioplastic investments because of favorable legislation
and a base of consumers that buys environmentally friendly products. Invest in
Germany, the country's inward investment promotion agency, will be on hand to
present the many advantages that Germany offers to investors in the
bioplastics industry. The conference takes place on November 21-22, 2007.
Data indicate the strengths of Germany's bioplastics industry: a market
volume of 5000 metric tons per year (t/yr) puts the German market for
bioplastics in the development phase. This means that there is still great
potential for investors, as proven by the industry's 30% growth in recent
German bioplastics are aided by the country's being the largest European
market for plastic products. An average of 18.2 million tons of plastic are
produced in Germany annually and, of those, 3.8 million are devoted to plastic
packaging. Germany has also exempted bioplastic materials from its mandatory
product recycling system for the next five years. This legal change will lead
to a savings of 1,500 EUR/t over plastics derived from fossil fuels. There is
therefore great potential for bioplastics to profit by replacing traditional
The government also offers funding for R&D projects. This initiative has
been the catalyst in the formation of industry clusters, (e.g. Bio-Pro
Baden-Wurttemberg GmbH, which includes 54 companies and 34 research
institutes), encouraging cooperation between industry and research centers.
78% percent of German consumers are willing to pay higher prices in order to
purchase organic food. This market creates a demand for environmentally
friendly packaging, thus aiding the bioplastics industry.
In addition to having a booth on the conference floor, Invest in Germany,
will organize a VIP Dinner for investors in the mainframe of the conference.
"Germany is a prime location for bioplastics investments. It provides optimal
governmental support, a world-class research landscape, and a domestic market
that is keen to purchase environmentally friendly products, such as
bioplastics," notes Raphael Winkler, Senior Manager for bioplastics at Invest
in Germany. The conference takes place in the Newport Bay Club Convention
Center just outside of Paris.
Invest in Germany is the inward investment promotion agency of the
Federal Republic of Germany. Its mandate is to assist and advise international
companies about investment opportunities in Germany. Invest in Germany
provides investors with comprehensive support from site selection to the
implementation of investment decisions.
For further information:
For further information: Media Contact: Eva Henkel, Invest in Germany,
Phone: +49-30-200099-173, Fax: +49-30-200099-111, Email: