Get the latest delivered to your inbox
Privacy Policy

Now Reading

Cereplast President & CEO to Speak at Key Industry Conference; Presentation Follows Biobased Product Inclusion in USDA Rulemaking

Cereplast President & CEO to Speak at Key Industry Conference; Presentation Follows Biobased Product Inclusion in USDA Rulemaking

Published 09-13-06

Submitted by Cereplast, Inc.

HAWTHORNE, Calif.--(BUSINESS WIRE)--Sept. 13, 2006--Frederic Scheer, President and CEO of Cereplast(TM), Inc. (OTCBB:CERP), a producer of proprietary bio-based resins used as a substitute for petroleum-based plastics, will speak at the 16th Annual Thermoforming Conference in Nashville on Tuesday, September 19th. His presentation entitled, "Displacing Petroleum Plastics with Biobased Resins," will demonstrate how biobased polymers are positioned vis-a-vis conventional plastics. He will also focus on the challenges facing the growth of biobased polymers, their environmental footprint, and what is currently available commercially.

Scheer's participation in the Thermoforming Conference follows the USDA's recent publication in the Federal Register of proposed rulemaking to add 20 items to the list of biobased products that will receive Federal procurement preference. As part of this proposed rulemaking, minimum standards for biobased content have been set for these products, which include three categories of products for which Cereplast produces resins -- biodegradable films, biodegradable disposable cutlery and biodegradable containers. Once the USDA rulemaking is approved, federal agencies will have no more than one year to incorporate these items in their procurement specifications.

Frederic Scheer, President and CEO of Cereplast, said, "This step by the USDA reflects increased interest in, and commercial viability of, biobased resins, a topic I'm looking forward to discussing further at the Thermoforming Conference next week."

About Cereplast, Inc.

Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary starch-based, renewable plastics. Cereplast has developed a breakthrough technology to produce proprietary bio-based resins which are used as substitutes for petroleum-based plastics offering price stability and competitive costs compared to traditional resins. Cereplast resins can be used in all major converting process such as injection molding, thermoforming, blow molding and extrusions. Made from renewable resources such as corn and potato starch, Cereplast resins are certified biodegradable and compostable by BPI (Biodegradable Products Institute) and have comparable or superior performance characteristics to conventional plastics and return to nature quickly and safely. Learn more at www.cereplast.com.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

Copyright Business Wire 2006

Cereplast, Inc. logo

Cereplast, Inc.

Cereplast, Inc.

Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary starch-based, renewable plastics. Cereplast has developed a breakthrough technology to produce proprietary bio-based resins which are used as substitutes for petroleum-based plastics offering price stability and competitive costs compared to traditional resins. Cereplast resins can be used in all major converting process such as injection molding, thermoforming, blow molding and extrusions. Made from renewable resources such as corn and potato starch, Cereplast resins are certified biodegradable and compostable by BPI (Biodegradable Products Institute) and have comparable or superior performance characteristics to conventional plastics and return to nature quickly and safely. Learn more at www.cereplast.com.

More from Cereplast, Inc.

Join today and get the latest delivered to your inbox