Plastics are ‘‘one of the greatest innovations of the millennium’’
and have certainly proved their reputation to be true. There are a
numerous ways that plastic is and will be used in the years to
come. The fact that plastic is lightweight, does not rust or rot, low
cost, reusable and conserves natural resources is the reason for
which plastic has gained this much popularity. Again, Plastics save
energy and CO2 emissions during their use phase. If we were to
substitute all plastics in all applications with the prevailing mix of
alternative materials, and look from a life cycle perspective, then
22.4 million additional tons of crude oil per year would be required
[1]. Constant developments in polymer technology, processing
machineries, know-how and cost effective production is fast
replacing conventional materials in every segment with plastic