Abstract
Bio plastic plastic is an innovative and emerging industry that brings
hope as well as ambiguity from materials sourcing to end life
management. Circular economy (CE) is to decouple economic growth from a
carbon footprint and maximum utilization of renewable resources that
keep creating pressure on emerging bio-based or bio-plastic industry to
save our planet from the adverse effect of traditional plastic industry.
Through the article, bio plastic circular value chain and a flow chart
have been developed to understand, how circularity works in the value
chain and stimulate competitiveness, and necessity of practicing
circular economy concept in the bioplastic industry. The research has
been conducted by mini literature review, information and knowledge gain
from stakeholder’s publications, website, books, case study as well as
direct and indirect involvement in bio-plastic industry. We observed bio
plastic industry also needs to practice circularity in the value chain
that will ensure more competitiveness and gain sustainability leadership
index.