PTT Plc and SCG Group have expressed an interest in producing bioethylene from ethanol, and will be offered tax privileges to promote the manufacturing of bioplastics that help reduce environmental impacts, the Excise Department said on Thursday.

CIRCULAR ECONOMY, or the reuse and recycling of products, is expected to grow in a big way as consumers, manufacturers and policymakers are becoming increasingly aware of the worsening environment due to expanding economic activities.