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CEREPLAST INC : news du 22/12/2009

23 févr. 201018:37

Cereplast Hailed as "Greener Alternative to Plastic" by Global News Agency Agence France-Presse
As Recent Reports Predict BioPlastics Boom, News of Cereplast’s Algae-Based Bio-Resin Technology Proliferates via Online Coverage in The Wall Street Journal and

By 2020 Cereplast Expects the US Market for Bio-Plastics to Be Worth $10 Billion

Press Release Source: Cereplast, Inc. On Tuesday December 22, 2009, 8:00 am EST
HAWTHORNE, Calif.--(BUSINESS WIRE)--Cereplast, Inc. (OTCBB:CERP - News), a leading manufacturer of proprietary bio-based, sustainable plastics, was hailed by Agence France-Presse (AFP) as a “greener alternative to plastic,” in a recent video segment and print article produced by the leading international news agency. Highlights from the article and photos of the company’s proprietary process were also featured on Yahoo%21&index=4&md5=4f1b9a65bcadac92f5bbe2a36a2acf4f">Yahoo! and the Wall Street Journal’s Digital Network.

According to the article, Scheer believes that “as the result of 20 years of high priced oil, petroleum-based plastics with eventually become obsolete in the future and clear the way for alternatives.”

It is estimated that global demand for bioplastics, including plastic resins that are biodegradable or derived from plant-based sources, will increase by 400% to 890,000 metric tons by 2013, according to a recent University of Utrecht study. Some predict the U.S. market to reach $10 billion a year by 2020, a tenfold increase from 2007, according to a recent article by CNN International.

"The tipping point for us is $95 dollars a barrel,” Scheer commented to AFP. “At that price our product becomes cheaper than traditional plastic; when we get to $95 dollars a barrel, I am confident that you will see bio-plastics explode.”

The Company plans to commercially market its first algae-based products in 2010. Scheer believes that algae as biomass can be a significant renewable resource and be used as a raw material for biopolymer feed stock.

“Algae can help close the loop on polluting gases and can be a significant renewable resource. Algae-based resins represent an outstanding opportunity for companies across the plastic supply chain to become more environmentally sustainable and reduce the industry’s reliance on oil,” Scheer says.

Based on Cereplast’s efforts, including recent commitments with major players in the algae field, Cereplast believes that algae has the potential to become one of the most important “green” feed stocks for biofuels, as well as bioplastics. “I think people are realizing that sustainability is crucial, and they are really interested in what we are doing,“ noted Scheer.

More information, including a video produced by the Sundance Channel, is available at the Company’s website:, and

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 amp;md5=e490cd1133c1c2c41858dc26ae86d429

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