The company cited increasing consumer demand for plastics solutions that are more sustainable and which rely less on petroleum, particularly in the wake of the BP oil spill.
“With price of oil rising and concerns about petroleum-based products, we can expect to see consumers and business alike drive the growth of bioplastics in a faster time frame,” said Chairman and CEO of Cereplast, Frederic Scheer.
Cereplast produces bioplastic resins for use in products ranging from tableware and cutlery to toys and healthcare/hygiene products, bottles/containers, bags, packaging, gift cards, printed displays, straws, even pipes, conduits, and other applications
Among the 11 new resins, Cereplast is producing plastics designed for use in bottles and containers, liners, bags, packaging, cups, plates, containers, boxes, trays, egg cartons, pipes, conduits and other uses. According to the company, the plastics represent both a sustainable manufacturing process and are biodegradeable. The company said the new resins will reduce landfill disposal and greenhouse gas emissions.