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CEREPLAST INC : news du 29/09/09 expansion bresilienne

01 oct. 200915:56

Cereplast, Inc. Announces Nationwide-Expansion into the 200 Million Consumer Brazilian Market with its Compostable® Line of Biodegradable Plastics
Bunge Alimentos, Brazil’s Largest Food Company, is Rolling out Nationally the Cyclus® Line of Containers Made from Cereplast Compostables® Resins



Press Release
Source: Cereplast, Inc.
On Tuesday September 29, 2009, 8:30 am EDT

Companies:Cereplast Inc.

HAWTHORNE, Calif.--(BUSINESS WIRE)--Cereplast, Inc. (OTCBB: CERP - News), a leading manufacturer of proprietary bio-based, sustainable plastics, today announced that the Brazilian market, which numbers approximately 200M consumers, continues to grow for the Company’s Cereplast Compostables® resins. Bunge Alimentos, a Brazilian subsidiary of Bunge, Ltd (NYSE:BG - News), a US $49.5B agri-business and food company with 25,000 employees in over 30 countries, is expanding nationwide with the Cyclus® line of containers made from Cereplast Compostables®.

In June, 2009 Bunge Alimentos received the Embanews Award for the “Best renewable and biodegradable packaging.” The thermo-formed packaging used for the Cyclus margarine tub is based 100% on Cereplast Compostables resins. The Cereplast Brazilian distributor, IraPlast-Krest, is also expanding their brand of “Mr. Green” items, utilizing Cereplast Compostables resins.

“After several months of testing in the States of Parana and Santa Catharina, Bunge Alimentos is expanding their Cyclus line to all Brazilian States,” commented Mr. Frederic Scheer, Founder and CEO of Cereplast, Inc. “This is an extremely exciting development for all the participants: Iraplast-Krest, Cereplast distributor in Brazil, Poly-Vac who is thermo-forming the tub, and Bunge Alimentos, the largest food company in Brazil. Having our products accepted by a company as large and far-reaching as Bunge is truly a milestone for our Company.”

Philippe Ravera, Vice-President Sales and Marketing for Cereplast, stated, “We are very encouraged to see that the Brazilian market understands the importance of sustainability and the benefits of our proprietary bio-resins. However, while encouraged, we are not really surprised by the support Cereplast is receiving from the Brazilian market. Brazil is known for being one of the most sensitive markets for environmentally sound products.”

The “Mr. Green” line of products was developed by Iraplast-Krest in Sao Paulo, Brazil and includes cutlery, plates, cups and carry-out bags all made of Cereplast Compostables® resin. The line was formally introduced early summer and is starting to pick up momentum with increased usage of the products. To learn more about Mr. Green please visit: www.mistergreen.com.br.

For more information about Bunge Cyclus margarine, please visit: http://www.saudecyclus.com.br

About Cereplast, Inc.

Cereplast, Inc. (OTCBB:CERP - News) designs and manufactures proprietary bio-based, 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 bio-based 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 bio-based content and compostability are advantageous, especially in the food service industry. Cereplast Hybrid Resins® combine high bio-based 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

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