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EL SEGUNDO (BUSINESS WIRE) --
Cereplast, Inc., a leading manufacturer of proprietary bio-based, sustainable
plastics, today announced that it has entered into a distribution agreement with
Ashland Distribution, a commercial unit of Ashland Inc., to supply bioplastic
resins to their global distribution business. This partnership reflects
Cereplast's overall growth strategy and continued commitment to expanding the
company's distribution reach in North America.
Ashland Distribution is a leading plastics and chemicals distributor in North
America, and part of Ashland Inc., which posted more than $8 billion in annual
revenue last year. Under the agreement, Ashland Distribution will distribute
Cereplast Compostables(R) and Hybrids Resins(R) to converters and manufacturers
throughout North America, to Canada, Mexico, Puerto Rico, and the United States.
Cereplast's bioplastic resins enable Ashland Distribution to supply its
customers with bio-based materials, an environmentally sustainable alternative
to traditional petroleum-based plastic.
mrcplast.com |
