Biopack Environmental Solutions (BPAC.OB) Announces its First Distributor in Canada
Source: http://Blog.QualityStocks.net/?p=19011Posted on Tuesday, November 3rd, 2009 | In Investing Lessons, Small & Micro Cap
Hong Kong-based Biopack Environmental Solutions manufactures 100% biodegradable consumer packaging products from locally available sugar cane waste called bagasse. The company’s products are manufactured in China and distributed under the “Roots Biopack” trademark. Biopack’s unique line of compostable packaging is currently sold in 12 European countries plus the United States and Canada.
The company announced today that, as part of its ongoing expansion efforts, it has entered into its first distribution agreement in Canada with Sonray Sales Ltd. Founded more than 30 years ago, Sonray provides a long-term, loyal commitment to the product lines it represents. Since its inception, Sonray has developed a strong client roster of wholesalers, retailers, supermarket-chains, and food service providers throughout Canada and abroad.
The agreement fits well with the strategies of both companies. Sonray is looking to fill the growing demand from Canadian consumers for “green” packaging solutions, and Biopack can help them meet the growing demand. As Jeff Hornell, head of sales for Sonray, stated, “Biopack’s ability to supply this growing need in customizable forms is an asset.”
Biopack Environmental is looking to expand the distribution of their environmentally-friendly products globally and Sonray can help them. Gerald Lau, CEO of Biopack, said the following, “It was important for Biopack to find a partner that has established a high level of distribution and support that customer’s demand. Sonray will be an excellent partner in developing and opening key market channels for our line of sustainable packaging solutions.”
Let us hear your thoughts below:
Last 5 posts by QualityStocks
- Omnicity Corp. (OMCY.OB) Ensuring Effective Support for Growing Customer Base - November 25th, 2009
- Clenergen Corp.’s (CRGE.OB) Management Leads Innovative Push into Renewable Energy - November 25th, 2009
- Spending Growth Rises as Inflation Seems Manageable to Fed Despite Job Market - November 25th, 2009
- Stock Guru Featured Company: Quasar Aerospace Industries, Inc. (QASP.PK) - November 25th, 2009
- Stock Guru Featured Company: DecisionPoint Systems, Inc. (DNPI.OB) - November 25th, 2009
biodegradable consumer packaging products, Biopack Environmental Solutions, Canada, ceo, China, food service providers, Gerald Lau, head of sales, Investing Lessons, Jeff Hornell, Small & Micro Cap, Sonray Sales Ltd., sustainable packaging solutions, United States
 About QualityStocks (http://QualityStocks.net)
Our name, QualityStocks, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future. We believe strong management and vision for the future are crucial for any company to be successful. Timing is everything and we help investors succeed by providing an objective, broad-based view of the SmallCap markets on a daily basis. Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.