Cereplast, Inc. (CERP) Signs Agreement with DMT Plasticolor
Yesterday, Cereplast, Inc. announced that it had signed a distribution agreement with DMT Plasticolor. Under the agreement, Cereplast will supply their bioplastic resin materials Cereplast Compostables Resins and Cereplast Sustainables Resins to the Croatian market. The contract is a sign of demand for bioplastic materials in Europe, as is the fourth such contract that Cereplast has signed in 2011. Cereplast, designs and manufactures bio-based plastics intended to replace petroleum-based plastics, increasing their sustainability. The materials can be used in the same manufacturing processes that traditional plastics can, such as injection molding and extrusion, while also remaining competitively priced. These types…