| Cereplast’s Rapid Growth Highlighted in Modern Plastics Worldwide™ |
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Trade Journal Cites Company’s Expansion at Faster than Industry Average; Attributes Accelerated Growth to Diversification of Sources HAWTHORNE, Calif.--(BUSINESS WIRE)--Cereplast™, Inc. (OTCBB:CERP), a producer of proprietary bio-based resins used as a substitute for petroleum-based plastics, was featured in Modern Plastics Worldwide, the industry’s leading trade publication. The article focuses on Cereplast’s growth at rates faster than the industry average. Noting that the company is completing installation of its third production line, CEO Frederic Scheer expects growth to continue well in excess of the 20% average experienced in the bio-resin industry. The article notes that “the key to the company’s expansion is diversification in feedstocks, drawing from four starch sources, instead of just corn, which has grown tighter in supply and higher in price due to the push for ethanol as a gasoline additive in the U.S.” The article can be found online at: http://www.modplas.com/inc/mparticle.php?section=eweekly&thefilena me=eweekly02012007_12 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) |







