The Energy Blog: Mirel Bioplastic Plant Announced by Metabolix and ADM

"In 2006, Metabolix Inc. (Nasdaq: MBLX), and Archer Daniels Midland (NYSE: ADM) formed a a 50-50 joint venture company operating under the name of Telles to commercialize Mirel(TM) Natural Plastics. The companies announced today that they will jointly produce biobased and totally biodegradable Mirel Natural Plastics."