Metabolix Inc., of Cambridge, Mass., and BP have agreed to a joint program to develop renewable and biodegradable plastics.Metabolix Inc., of Cambridge, Mass., and BP have agreed to a joint program to develop renewable and biodegradable biodegradable /bio·de·grad·a·ble/ (-de-grad´ah-b'l) susceptible of degradation by biological processes, as by bacterial or other enzymatic action. bi·o·de·grad·a·ble adj. plastics. The two-year collaboration Working together on a project. See collaborative software. will include BP's newly formed olefins and derivatives derivatives In finance, contracts whose value is derived from another asset, which can include stocks, bonds, currencies, interest rates, commodities, and related indexes. Purchasers of derivatives are essentially wagering on the future performance of that asset. (O&D) petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. subsidiary. The agreement will research and develop grass crops containing high levels of naturally grown polymers, which can be used to produce biodegrading plastic materials. A co-product of the process would be advantaged biomass material, which can be converted to energy. |
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