Cereplast Inc's bioplastic resin facility at Seymour remains safe from flooding that has been caused by record rainfall in parts of the state leading to evacuation of 100 homes in Seymour this week. Cereplast Inc's bioplastic resin production remains on track to open its Seymour, Ind. manufacturing facility in Q3 of this year. Significant progress has been made since work commenced on the facility in January. Staffing has begun, the facility recently started serving as a distribution center, utility upgrades and equipment configuration are ongoing, and the Board of Works and Public Safety is collecting bids for rail expansion which will make transporting materials into and out of the facility more efficient. Work on the railway expansion is expected to begin this month. Cereplast expects to begin production of its bioplastic resin products at the new facility on schedule late this summer. The company has already planned an increase in production capacity to half a billion pounds by 2010. When the site reaches full capacity it will occupy up to 67 acres and be the world's largest bio-plastic resin production facility. The new facility complements Cereplast's current manufacturing operation in Hawthorne, Calif., which it will continue to operate.
13-Jun-08 
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