Cereplast to Transform Algae into Bioplastics

Cereplast
2009-10-20

Breakthrough technology could eventually replace 50% or more of petroleum-based plastics content with algae-based resins

HAWTHORNE, Calif.—October 20, 2009 - Cereplast, Inc. (OTCBB:CERP), manufacturer of proprietary bio-based sustainable plastics, announced that it has been developing a breakthrough technology to transform algae into bioplastics and intends to launch a new family of algae-based resins that will complement the company’s existing line of Compostables® & Hybrid ®resins.

Cereplast algae-based resins could replace 50% or more of the petroleum content used in traditional plastic resins. Currently, Cereplast is using renewable material such as starches from corn, tapioca, wheat and potatoes and Ingeo® PLA.

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