NOVEMBER 2008

Plastinum enters into joint venture to recycle e-scrap mixed plastic

Plastinum Polymer Technologies Corp. announced that it has entered into a Letter of Intent with Creative Recycling Technologies, LLC, for the establishment of a joint venture that will process mixed plastic e-scrap in Tampa, Florida.

The establishment of the joint venture is subject to the negotiation and execution of a mutually satisfactory definitive joint venture agreement and related documentation.

Jacques Mot, president and chief executive officer of Plastinum, said, “With this Letter of Intent, we established the foundation for our first commercial operation in the United States.”