Cereplast announces Algaeplast, Inc.

In California, Cereplast announced the incorporation of a new wholly owned subsidiary, Algaeplast, Inc. The subsidiary’s focus will be the development and manufacture of algae-based bioplastics. Cereplast has been a pioneer in algae-based plastics, helping to bring the first products made from Cereplast Algae Bioplastics to market in 2011, and with the recent commercialization of Biopropylene 109D in December of 2012, which has a 20% post-industrial algae biomatter.

The research and development team is currently developing a grade with a higher percentage of algae bio-content.

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