Cereplast Enters Into Distribution Agreement With ALBIS PLASTIC GMBH

Cereplast, Inc. CERP today announced that it has entered into a distribution agreement with Hamburg, Germany-based ALBIS PLASTIC GMBH to supply Cereplast bioplastic resins to the United Kingdom and Ireland. Cereplast has shipped the first purchase order to ALBIS PLASTIC, who will distribute both Cereplast Compostables® resins, with an emphasis on blown film grades and blow molding grades, as well as Cereplast Sustainables® resins, including the Cereplast Hybrid Resins® product line. This contract signifies the growing demand in Europe for bioplastic resins, and expands Cereplast's foothold on the continent.