Seymour, Indiana, Sept. 4, 2013 (GLOBE NEWSWIRE) -- Cereplast, Inc. (OTCQB:CERP), a leading manufacturer of proprietary biobased, compostableand sustainable bioplastics, today announced that it received fivepurchase orders totaling $450,000 from an existing customer inIndia for Cereplast Compostables® blown film resins. Each purchaseorder totals $90,000 and will be delivered throughout the remainderof 2013. The bioplastic resins will be used for the manufacturingof single-use disposable bags for distribution in the Sri Lankanand Middle Eastern markets. The new purchase orders represent Cereplast's continued growthand expansion in the Asian market. As the world's thirdlargest consumer of conventional plastics, India suffers from aplastic pollution problem and has taken steps to help bettersafeguard the environment. Regulations surrounding plasticbags continue to gain momentum and legislation banning the use ofplastic bags has already gone into effect in multipleregions. Cereplast is well positioned to meet increasing demand forplastic alternatives in India with its range of proprietarybioplastics designed for multiple purposes. Cereplast Compostables®blown film resins have a unique competitive advantage as they areprocessed on the same equipment used for traditional plasticmanufacturing, making adoption of the bioplastics (from traditionalplastics) an easy transition. Cereplast Compostables® resinsreplace nearly 100% of the petroleum based additives used intraditional plastics and are used for single use disposables andpackaging including cups, straws, cutlery and bags. About Cereplast, Inc. Cereplast, Inc. (OTCQB: CERP) designs and manufacturesproprietary biobased, sustainable bioplastics which are used assubstitutes for traditional plastics in all major convertingprocesses - such as injection molding, thermoforming, blow moldingand extrusions - at a pricing structure that is competitive withtraditional plastics. On the cutting-edge of biobased plasticmaterial development, Cereplast now offers resins to meet a varietyof customer demands. Cereplast Compostables® resins are ideallysuited for single-use applications where high biobased content andcompostability are advantageous, especially in the food serviceindustry. Cereplast Sustainables® resins combine high biobasedcontent with the durability and endurance of traditional plastic,making them ideal for applications in industries such asautomotive, consumer electronics and packaging. Learn more at www.cereplast.com. You mayalso visit the Cereplast social networking pages atFacebook.com/Cereplast, Twitter.com/Cereplast andYoutube.com/Cereplastinc.
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