Cereplast extends distribution agreement with A. Schulman to include all of Europe

07-Jan-10

Leading manufacturer of proprietary bio-based, sustainable plastics-Cereplast Inc. has extended its distribution agreement with A. Schulman, Inc. to include all of Europe. A. Schulman, Inc. is a leading international supplier of high-performance plastic compounds and resins, and the alliance will enable A. Schulman to launch a new offering composed of bio-based materials to customers interested in more environmentally-friendly solutions. Under the agreement, A. Schulman will distribute Cereplast Compostables and Hybrids Resins to converters and manufacturers throughout Europe. "It is truly an exceptional opportunity for Cereplast to gain a competitive edge," said Mr. Frederic Scheer, Founder, Chairman and CEO of Cereplast, Inc. "Now that we have extended our distribution agreement with A. Schulman, our resins will remain stable and cost competitive in the European market, one that is already committed to and producing renewable resource based materials commercially." Thomas Koerlin, Director Engineered Plastics Europe in Schulman GmbH, adds, "A. Schulman and Cereplast are now able to supply bioplastic resins to a wider range of plastics processors with this distribution partnership, offering those that are looking to strengthen their positions in the sustainable market much more than ever before."