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WebIn contrast, common plastics, such as fossil-fuel plastics (also called petro-based polymers) are derived from petroleum or natural gas . One advantage of bioplastics is their … WebAug 20, 2024 · Under a business-as-usual scenario in which policies continue to foster plastics production, the sector’s fossil fuel consumption will only increase. Today, about 4-8% of annual global oil consumption is associated with plastics, according to the World Economic Forum. WebJan 21, 2024 · The use of alternative feedstock for plastic production is therefore an important avenue to reduce fossil fuels use and mitigating GHG emissions. In this respect, recycled plastic (secondary raw materials) and various biomass materials represent promising alternatives. asa insurance salt lake city utah