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Cereplast, Inc. (CERP.OB) Launches Breakthrough Resin

Source: http://Blog.QualityStocks.net/?p=15556
Posted on Monday, June 15th, 2009 | In Market Commentary, Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -

Bio-based sustainable plastics developer Cereplast, Inc. announced the launch of a breakthrough foamable resin to compete with Styrofoam® and other foamable petroleum-based resins. Cereplast Compostable 5001® will complement and expand Cereplast’s existing line of Compostables®. Cereplast Compostables 5001® is designed to meet the needs of all converters, manufactures and brand owners interested in substituting polystyrene foam with an environmentally sustainable plastic.

Cereplast Compostable 5001® is a compostable foam that uses Ingeo™ PLA and various biodegradable and compostable components, making the resin ideally suited for thermo-forming application. Plastics converters can use Cereplast Compostables 5001® on conventional extrusion equipment without process or screw changes and do not need new capital expenditure. Cereplast Compostables 5001® provides an innovative way for plastics manufactures to reduce their dependence on petroleum-based plastics.

Frederic Scheer, Chairman and CEO of Cereplast, stated, “Cereplast Compostable 5001® is the result of a successful research and development project which demonstrates Cereplast’s technical strengths and commitment to meet the growing demand for greater sustainability from the plastic industry. The Launch of Cereplast Compostables 5001® represents an outstanding opportunity for companies across the plastic supply chain, currently using petroleum-based foam plastic resins, to reduce the industry’s reliance on oil and contribute to environmental sustainability.”

Philippe Ravera, Cereplast’s Senior Vice-President Sales and Marketing, added, “A significant breakthrough for Compostable 5001® is the fact we are able to reach a density of about 5 pounds per cubic foot on a traditional screw while keeping acceptable heat deflection, modulus and impact strength. Compostable 5001® is our first grade of bio-based foamable resins and we intend to introduce additional grades later this year.

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