BAE System is the latest company to make a big investment in plastics after a long list of others.
The UK-based company, which produces a range of high-end commercial vehicles, is spending $13bn to acquire Polymers and other manufacturers in an attempt to boost its manufacturing capabilities.
Polymers are the building blocks of a range.
They are used in building aircraft, boats and other construction materials.
They are also used to make plastics for food packaging and clothing.
But as their use has grown, so has the risks.
They can contain harmful chemicals, and are generally used in less environmentally friendly ways than plastic products.
BAE is keen to reduce its dependence on the plastic industry, but it also has a concern about the chemicals found in plastics.BAE said it would use the investment to improve manufacturing processes and develop new materials for use in new products.
Its move follows the announcement last month of a $6bn deal to acquire Procter & Gamble for $26bn, and $3.2bn for General Electric.
Its focus on the plastics market is partly a reaction to the increasing popularity of high tech products made with plastic, such as smartphones and laptops.
Bae said it was also looking to expand its business in the area of plastics.
The deal is expected to close by the end of 2021, with a view to completing it in the first quarter of 2024.
The company also has ambitions to build a range on top of its existing businesses.
It said it plans to invest in manufacturing equipment, technology and materials for building aircraft.
Bae said the company was not currently in discussions with the government over the introduction of a levy on plastic products, although it was considering the idea.
Beside building aircraft and cars, it also makes a range from the car parts that people use to buy goods, to the plastic used in food packaging.
Its business is largely driven by the plastics industry.
It has more than 400 manufacturing plants around the world, including some in China.
The move follows an announcement last year by the government to levy a 0.25% duty on plastic bags that will be introduced from January 2019.
The government wants to make it more attractive to buy plastic products from overseas, which are less expensive than domestic alternatives.
Boys and girls aged between five and 17 will be exempted from the levy, which will apply to all plastic bags made between January 2019 and December 2021.
Bees, bees, and butterflies are among the animals and plants that are exempt from the new levy.
But it is the first time a plastic levy will be imposed on a range made by the world’s biggest consumer of plastics, the United States.
Boeing, whose aircraft include Boeing 737s and 747s, is also considering a levy to reduce waste in the manufacturing of aircraft.