NOTEBOOK: Corn growers push new bioplastic ingredient
PERRY BEEMAN Mar 20, 2018 | 6:45 pm
1 min read time
156 wordsBusiness Record Insider, The Insider NotebookFarmers and researchers at the Iowa Corn Promotion Board are trying to develop a bioplastic ingredient that could help push corn sales.
The board holds U.S. patents on a proprietary production method using corn in the industrial manufacturing of a material used to make bioplastic. The process won the first Consider Corn Challenge, a global competition initiated by the National Corn Growers Association to identify new ways to use corn to make chemicals.
“By improving the manufacturing processes for bio-based materials, this method will continue to expand the renewable products market,” Iowa Corn research and business development committee Chairman Pete Brecht said in a statement. The product, known as MEG, is used to make antifreeze, plastic bottles and polyester clothes.
If the predicted 4 percent annual growth in MEG demand all came from corn, demand for the grain would jump by 94 million bushels a year, the board reported. Iowa is the nation’s top corn producer.