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Most plastic materials that are widely used on daily basis are non-biodegradable products derived from fossil fuels. Due to the increase in population and industrialization, there is now increased awareness of the impact of these non-biodegradable plastics on the environment. A lot of efforts are now geared towards developing various biodegradable plastics. Biodegradable polymers can be broadly classified under polynucleotides, polyamides, polysaccharides, polyoxoesters, polythioesters, polyphosphates, polyisoprenoides and polyphenols [1]. Poly[(R)-3-hydroxybutyrate] (PHB), the most widely studied member of PHA (polyoxoesters) is very promising as a biodegradable plastic because of its material properties which are comparable to those of the polypropylene [2]. PHB is a natural polymer produced by many bacteria as carbon and energy storage materials. PHB can be synthesized from renewable low-cost feedstocks and its polymerizations are operated under mild process conditions with minimal environmental impact [3]. A good number of microbial strains are known to produce PHB under certain growth conditions.