Iran war promises green edge for Asia as plastic packaging runs short

An “eco-friendly” range of paper tubes and pouches touted by Yonwoo, a South Korean maker of packaging for cosmetics, has reaped unexpected benefit from the Iran war, which has disrupted ?supplies of the plastic needed to turn out single-use wrapping. While the conflict has sent prices of plastic soaring to roughly four-year highs by choking off flows of the required raw materials of oil and petrochemicals, the company says it has fueled inquiries three-fold for paper-based options. “Interest initially came from companies ?focused on sustainability … but if the plastics issue gets prolonged we expect demand to further increase,” ?said…