FEBRUARY 2010

Cereplast hikes distribution of bioplastic resin in Europe

Cereplast, Inc., a manufacturer of proprietary bio-based, sustainable plastics, announced that it has extended its distribution agreement with A. Schulman, Inc. (Schulman) to include all of Europe. Schulman is a supplier of high-performance plastic compounds and resins used as raw materials in a variety of markets.

Cereplast’s variety of bioplastic resins will enable Schulman to launch a new offering composed of bio-based materials to customers interested in more environmentally-friendly solutions. Under the agreement, Schulman will distribute Cereplast Compostables® and Hybrids Resins® throughout Europe.

According to the European Bioplastic Market report by Frost & Sullivan, the bioplastics market in Europe has experienced an exponential growth and demand has outstripped supply, as converters and end-users are rushing to take advantage of this resurgent technology.

Currently, bioplastics account for less than one percent of the European plastics market. All Cereplast resins replace a significant percentage of petroleum-based additives with starches made out of corn, wheat, tapioca and potatoes, allowing bioplastics to return back to nature within 180 days.