Cereplast Inc. (CERP.OB) Readies for 50 Million Pound Capacity Expansion in 4th Quarter
QualityStocks (July 9th, 2008) Writes:
The world laments the way its population is treating the environment. Energy may be a hot topic at the moment, but it is a relatively new issue in the public’s mind. Consumer-based waste products have been around for more than a few decades; just think of the “reduce-reuse-recycle†mantra. In today’s marketplace, there is finally some technology available to cope with part of this waste issue. Doing something in the plastics “reuse†category has always been a cost issue, with most possible answers being too expensive for manufacturers. Today, however, there may actually be a practical and profitable solution in this one area that will certainly put a dent in virgin plastic use.
Cereplast Inc., a bio-plastics manufacturer, works to offer plastic resins manufactured with 100-percent recyclable plastic materials and 50-percent recyclable plastic materials. The company has had solid responses from companies testing its resin products - resulting in many buying
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