Leading producer of bioplastics Cereplast, has made a supply and distribution agreement with Bioworks PI to supply its resins to Polish packaging manufacturers as a result of growing demand in Europe for biodegradable plastics.
Chairman and CEO of Cereplast, Frederic Scheer:
Cereplast’s resins are biodegradable, renewable and sustainable being produced from a range of feedstocks, such as corn and algae. Bioworks PI is an experienced bioplastic products manufacturer, using resins from various companies such as BASF and Ecoflex to produce consumer products. Its parent company Galant specializes in injection molding, thermoforming and extrusion blown film technology. These products range from molded items such as disposable cutlery to blown film items such as plastic bags, items which are typically only used once and then thrown away.
Demand for biodegradable plastics in Europe has been rising for some time. Environmental worries by consumers over the buildup of disposable products made of conventional plastic are fuelling this rise in demand, as well as bans and restriction on the use of conventional plastic bags in some countries such as Italy. This agreement comes as the most recent in a string of agreements around Europe between Cereplast and plastics manufacturers; in September 2010 Cereplast made an agreement with Sezersan allowing Sezersan to produce its bio twist film with Cereplast resins. In January 2011, Cereplast announced that it would be opening its European headquarters in Germany to support its European expansion.
Chairman and CEO of Cereplast, Frederic Scheer:
"Cereplast remains committed to identifying key partners in the European marketplace to help meet explosive demand for bioplastic resin on the continent. Poland, the largest central European country, is considered one of the main manufacturing hubs in Western Europe and we are proud to partner with BioWorks Pl to help supply the bioplastic resin required to meet surging demand for environmentally friendly plastic products in the country. In 2011, Poland has the potential to become a multi-million dollar bioplastics market and this partnership enables us to capture substantial market share."
Cereplast’s resins are biodegradable, renewable and sustainable being produced from a range of feedstocks, such as corn and algae. Bioworks PI is an experienced bioplastic products manufacturer, using resins from various companies such as BASF and Ecoflex to produce consumer products. Its parent company Galant specializes in injection molding, thermoforming and extrusion blown film technology. These products range from molded items such as disposable cutlery to blown film items such as plastic bags, items which are typically only used once and then thrown away.
Demand for biodegradable plastics in Europe has been rising for some time. Environmental worries by consumers over the buildup of disposable products made of conventional plastic are fuelling this rise in demand, as well as bans and restriction on the use of conventional plastic bags in some countries such as Italy. This agreement comes as the most recent in a string of agreements around Europe between Cereplast and plastics manufacturers; in September 2010 Cereplast made an agreement with Sezersan allowing Sezersan to produce its bio twist film with Cereplast resins. In January 2011, Cereplast announced that it would be opening its European headquarters in Germany to support its European expansion.
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