Cereplast Unveils the World's First Sustainable Polypropylene: Biopropylene(TM).HAWTHORNE, Calif. -- Cereplast, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CERP CERP Continuing Education Recognition Points CERP Comprehensive Everglades Restoration Plan (United States Army Corp of Engineers; South Florida Water Management District, and other Florida state agencies) ), manufacturer of proprietary bio-based sustainable plastics, announced the launch of a new family of resins, Cereplast Hybrid Resins(TM). The new resins will complement Cereplast's existing line of compostable resins, Cereplast Compostables(TM), expanding market applications for Cereplast resins. Both resin families, Cereplast Compostables(TM) and Cereplast Hybrid Resins(TM), are perfectly suited to meet the needs of all converters, manufactures and brand owners interested in producing and selling environmentally sustainable plastic. Cereplast Hybrid Resins(TM), also known as Biopolyolefins[TM], replace 50 percent or more of the petroleum content used in traditional plastic resins with bio-based materials A bio-based material is simply an engineering material made from substances derived from living matter. These materials are sometimes referred to as biomaterials, but this word also has another meaning. such as starches from corn, tapioca, wheat and potatoes. With nearly the same physical characteristics and price point as traditional polyolefin, Cereplast Hybrid Resins(TM) are an ideal way for plastic manufactures to reduce their reliance on petroleum. "The Launch of the Cereplast Hybrid Resins(TM) represents an outstanding opportunity for companies across the plastic supply chain to become more environmentally sustainable and reduce the industry's reliance on oil. Biopropylene[TM] is the result of a successful research and development project which demonstrates Cereplast's capability to listen to the growing demand for more sustainability from the plastic industry," said Frederic Scheer, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cereplast. "Cereplast Hybrid Resins(TM) have similar characteristics to traditional polyolefin, while reducing the petroleum content by 50 percent, opening up more applications and uses for bio-based resins." Polyolefins have the largest market share of any synthetic polymers Synthetic polymers are often referred to as "plastics", such as the well-known polyethylene and nylon. However, most of them can be classified in at least three main categories: thermoplastics, thermosets and elastomers. , representing more than 250 billion pounds globally1. Cereplast Hybrid Resins(TM) are ideal for nearly all brand owners and converters looking to enhance sustainability in their processes by replacing traditional petroleum-based plastic in multiple markets, including automotive, consumer electronics, toys, medical, entertainment packaging, furniture, cosmetic packaging, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and and construction. With significant content derived from starches, the pricing of Cereplast Hybrid Resins(TM) is not as influenced by volatile oil volatile oil n. A rapidly evaporating oil of plant derivation, especially an essential oil, that is capable of distillation and that does not leave a stain. Also called ethereal oil. prices as traditional plastics. In addition, Cereplast Hybrid Resins(TM) can be processed at the same cycle time as traditional plastics on conventional equipment, but requires less energy in the production process by using significantly lower machine temperatures. The first resin from the Cereplast Hybrid Resins(TM) family, Biopropylene(TM) is based on 50 percent petroleum and 50 percent starches creating similar properties to traditional polypropylene polypropylene (pŏl'ēprō`pəlēn), plastic noted for its light weight, being less dense than water; it is a polymer of propylene. It resists moisture, oils, and solvents. . Currently, the polypropylene global market is greater than 100 billion pounds and Biopropylene(TM) can replace traditional polypropylene in the vast majority of applications. Biopropylene(TM) can be used in a variety of manufacturing processing including injection molding injection molding n. A manufacturing process for forming objects, as of plastic or metal, by heating the molding material to a fluid state and injecting it into a mold. , thermoforming, profile extrusion, and extrusion blow molding and meets the requirements for toxicity set by ASTM ASTM abbr. American Society for Testing and Materials D 6400-04 specifications, making Cereplast Hybrid Resins(TM) safe for all applications. Additional Biopropylene(TM) resins will become available in different formulations, replacing anywhere from 50 percent to 70 percent of the traditional petroleum content. "The significant breakthrough for Biopropylene(TM) is the fact we are able to approximate the proprieties of traditional polypropylene in regards to heat deflection deflection /de·flec·tion/ (de-flek´shun) deviation or movement from a straight line or given course, such as from the baseline in electrocardiography. de·flec·tion n. 1. , modulus and impact strength, all while replacing about half of the resin content with renewable starches," said Dr. Shriram Bagrodia, SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul Research and Development. "The surface energy of Biopropylene(TM) is higher than untreated polypropylene leading to improved printability on its surface. The applications for Biopropylene(TM) are wide ranging and are perfect for converters and brand owners seeking alternatives to traditional plastic." Biopropylene(TM) resin is available commercially now. For more information on Cereplast Hybrid Resins(TM) and Cereplast please visit www.cereplast.com. About Cereplast Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for petroleum-based plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with petroleum-based plastics. On the cutting-edge of bio-based plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables[TM] are ideally suited for single use applications where high bio-based content and compostability are advantageous, especially in the food service industry. Cereplast Hybrid Resins[TM] combine the high bio-based content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Matters discussed in this press release contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. 1 2007 Plastics Processors Conference/Chemical Market Associates, Inc. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion