Mater-BiNovamont has exercised its option to acquire the remaining 22% of the share capital of Mater-Biopolymer srl. The Bioplastics firm headquartered in Novara, Northern Italy, acquired in 2014 a majority stake (78%) in the company that operates a resin plant in Lazio, Central Italy, and was a unit of PET resin maker Gruppo Mossi Ghisolfi.