25 August 2010 15:20 [Source: ICIS news]
HOUSTON (ICIS)--Cereplast will supply bioplastic resins to Italy-based RI.ME. Masterbatch, where they will be used to add colour to bulk, uncoloured resin, the US bioplastics firm said on Wednesday.
Cereplast said the contract was worth “multi-million”, but was not more specific.
“This was made possible by RI.ME’s success in using our materials in its masterbatching process, and by the excellent performance of Cereplast resins on extrusion lines designed for HDPE, LDPE or PVC without any kind of technical investments,” said Cereplast CEO Frederic Scheer.
In the agreement, Cereplast will supply its Compostable 3000 film grade bio-resin for use in RI.ME’s masterbatching processes for the production of items such as carry out bags and compostable trash bags, it said.
Cereplast said it would begin shipping its bio-resins in September 2010, with the contract running through December 2011.
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