Cereplast Signs Distribution Agreement With Polimernet Plastik To Expand Its Supply Of Bioplastic Resin To The Turkish Market
About Cereplast, Inc.
Cereplast, Inc. (NASDAQ: CERP) designs and manufactures proprietary biobased, 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 biobased plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables® Resins are ideally suited for single use applications where high biobased content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables™ Resins combine high biobased 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. You may also visit the Cereplast social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc.
ABOUT POLIMERNET PLASTIK LTD.
Polimernet Plastik Ltd. (“Polimernet Plastik”) is one of the leading companies in Turkey that specializes in polycarbonate water bottle scrap manufacturing. Polimernet Plastik’s proprietary breakthrough three-step cleaning process creates products that are free from contamination, residue and pc dust, providing earth friendly plastics for product manufacturing. Polimernet Plastik’s processing capabilities include sheet extrusion, compounding, injection molding, etc. Polimernet is part of the Nuh Group. For more information, please visit www.polimernet.com.Safe Harbor Statement Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act 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.
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