This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

A.R.M.Y. Group And Cereplast Host Press Conference

EL SEGUNDO, Calif., Sept. 4, 2012 (GLOBE NEWSWIRE) -- Cereplast, Inc. (Nasdaq:CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, held a press conference in conjunction with A.R.M.Y. Group yesterday, featuring their offering of Cereplast bioplastic resins for the South Asian marketplace. The press conference was held at the Radisson Blu Plaza Hotel, Banjara Hills, in Hyderabad.

Cereplast, Inc. is a US-based company that designs and manufactures proprietary, biobased, sustainable bioplastics that are used as substitutes for traditional plastics in all major converting processes such as injection molding, thermoforming, blow molding and extrusions.

Mr. Vijay Sama, Chief Executive Officer of A.R.M.Y. Group, stated, "We believe that bioplastics are the future of plastics. As a sustainable alternative to conventional plastics, bioplastics offer a reduced dependence on fossil fuels, a lower carbon footprint, fewer greenhouse gas emissions and enhanced biodegradability or compostability. It is our responsibility as fellow custodians of the planet to do our part to protect and preserve our environment."

Mr. Sama continued, "Cereplast is on the cutting edge of bioplastic material development, offering a variety of resins to meet surging demand for eco-friendly alternatives to traditional plastics. We are proud to work with them, and to offer their innovative materials to the South Asian market."

The South Asian market, including India, Pakistan, Bangladesh and Sri Lanka, consists of 1.6 billion potential consumers that are extremely sensitive to the environment, as they know from first-hand experience the damage that is created by global warming through drought and major floods. India was ranked by the National Geographic Greendex 2012 report as the country that is the most sensitive to the environment. Cereplast is now very active in India, having opened an office in Hyderabad last month, and has a developed a very close collaboration with A.R.M.Y Group.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,684.37 +6.14 0.03%
S&P 500 2,058.66 +2.51 0.12%
NASDAQ 4,877.9130 +14.5510 0.30%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs