Cereplast, Inc. (CERP.OB) Supplies Bioplastic Resin for Non-Petroleum Based Products
Source: http://Blog.QualityStocks.net/?p=12655Posted on Tuesday, September 30th, 2008 | In Small & Micro Cap
Cereplast, Inc. (OTCBB: CERP), has announced that they have started to supply biodegradable resin for a new line of tableware by WNA, Inc.
WNA recently launched the Earth Sense line of high-quality disposable plates and cutlery. They will be made with Cereplast’s renewable and ecologically sound resin made of such materials as corn, wheat, tapioca and potato starches. These substitute for petroleum-based plastics.
“We are very pleased about working with WNA and with the growing demand and applications for our Compostables family of resins,” said Frederic Scheer, Cereplast chairman and CEO. “This represents a multi-million pound (£) opportunity for our company. As consumers become more concerned about their impact on our environment, more and more converters and manufacturers are responding with environmentally-sound and cost-competitive alternatives.â€
With plans to expand elsewhere, WNA’s EarthSense line will be initially available in California, where there are more commercial facilities able to process bio-based disposables.
“We have seen a growing demand from our customers for environmentally-friendly bioplastic products,†said Al Madonna, WNA director of marketing. “Cereplast offered a real solution for our bioplastic needs and the flexibility in manufacturing a variety of sustainable products.”
Cereplast also has hybrid resins that can be used in the automotive, consumer electronics and packaging industries. Both resins can be used in mass manufacturing processes as varied as injection molding, thermoforming and extrusions.
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Al Madonna, bioplastic products, California, Cereplast Inc, Consumer Electronics, Frederic Scheer, Gbp, petroleum-based plastics, Small & Micro Cap, sustainable products, WNA Inc
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