04 January 2011 16:35 [Source: ICIS news]
HOUSTON (ICIS)--Cereplast opened a European headquarters facility in Bonen, Germany, to support the expansion of its European operations, the US-based bioplastics firm said on Tuesday.
The new facility would also handle logistics between its US and Germany-based offices, Cereplast said.
Cereplast cited a number of agreements it made in 2010 with European manufacturers and distributors, adding that it planned to open a manufacturing plant in Europe in 2012.
As planned, the European plant would have a production capacity of 200m lbs (90,719 tonnes), roughly double the capacity of Cereplast’s US factory.
“In addition to increased consumer awareness concerning the environment, demand in Europe for Cereplast bioplastic resin continues to grow as a result of legislation banning the sale of plastic bags in countries across Europe,” the company said.
As a result, European manufacturers are increasingly searching for plastic alternatives to comply with legislation that goes into effect in 2011, Cereplast said.
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