Cologne-based materials producer Bio-Fed and Tokyo-headquartered Kyokuto Boeki Kaisha, Ltd. (KBK), have signed an agreement naming KBK as Bio-Fed’s distribution partner for the Japanese market.
Bio-Fed, a branch of Akro-Plastic GmbH and a member of the Feddersen Group, produces and distributes biodegradable and/or biobased plastic compounds under the brand name M·Vera. In recent years, the company has added ISCC Plus and REDcert sustainable certified M·Vera compounds made from biomass-balanced polypropylene (PP) to its portfolio.
"The bioplastics market in Japan has received a strong boost from the government's “Resource Circulation Strategy for Plastics” roadmap," said Stanislaw Haftka, Sales Director at BIO-FED.
The strategy, introduced in May 2019, is founded on the idea of “3R + Renewable” and includes a number of milestones, such as a 25% reduction in single-use plastics by 2030; ensuring an easy-to-sort, reusable, and recyclable design for all plastic containers and packaging, etc. by 2025; the reuse and recycling of 60% of all plastic containers and packaging by 2030; and a doubling in volume of plastics recycled by 2030.
KBK will distribute the complete M·Vera product range for blown film extrusion, injection moulding, extrusion and thermoforming applications in Japan, as well as the relevant biodegradable or biobased masterbatches.