29 May '13, 4pm
Algae-based injection-molded bioplastic now contains more algae
The new resin, like the company's other algae-based bioplastics, is designed to replace as much as half of the petroleum-based polymers used in traditional resins. Although algae for the use of biofuel has been criticized by some, many still consider it a viable form of biofuel or bioplastics. The material's high cost of capital and its need for large amounts of water during growth and processing are likely to make it difficult for algae to compete price-wise with other fuels in the next several years, some experts have said . Yet it is valued as an alternative to using material derived from food-based crops as feedstocks.