Cereplast Advances Algae Bioplastics Development Process, Achieving Increased
Sustainability and Lower Costs
~ Company Leverages Algae Biomass Generated from Post-Industrial Processes ~
Type of Algae Used Does Not Impact Food Chain
Seymour, Indiana, Sept. 17, 2013 (GLOBE NEWSWIRE) -- Cereplast, Inc. (OTCQB:
CERP), a leading manufacturer of proprietary biobased, compostable and
sustainable bioplastics, is advancing in the research and development stage in
preparation to bring to the market a more sustainable and cost efficient
process for the development of algae bioplastic resins. By using an algae
biomass selection process in which food-based materials are not fed to the
algae for growth, the food chain is not impacted, increasing sustainability.
The material is also expected to lower costs in algae bioplastics development
by deploying post-industrial processes, enabling the re-use of materials.
Algaeplast, a wholly owned subsidiary of Cereplast, develops algae-based
bioplastics, leveraging post-industrial processes such as nutrient recovery
from effluent waste streams and from carbon dioxide sequestration systems. As
the algae biomass derived from these processes have already served a primary
purpose, the secondary use of the material results in cost savings and
increased efficiency due to material re-usage. In addition, Algaeplast does
not use algae fed with food-based materials for growth. Algaeplast is the
only company utilizing this criterion for the production of algae bioplastics.
"In a world in which the population is growing at a fast pace and demand for
food and feedstock are on the rise, the use of feedstock for non-food purposes
is often debated," said Frederic Scheer, Chairman and CEO of Cereplast. "A
typical biofuel company will use a fermentation process that grows algae fast
and with a high lipid content, but uses sugar as the carbon source.
Cereplast's future family of bioplastics will leverage an algae source rich in
ingredients suitable for plastic development, but also has no effect on the
food chain, resulting in a sustainable and population conscious plastic
Algaeplast has four demonstration grades of algae in polypropylene with an
algae biomass content from 15% to 51%. A newly commercialized grade includes
algae in a thermoplastic elastomer (TPE). These grades show the ability for
Algaeplast to formulate with algae biomass in TPE, polypropylene (PP),
Polyethylene (PE), Ethylene Acrylate (EA), and other polymers. The ability to
make algae biomass compatible in polymers has been practiced by Cereplast for
Scheer added, "Cereplast is committed to being at the forefront of algae
bioplastics development as we see tremendous demand and opportunity for this
type of resin."
Algaeplast has several development programs in process for customer specific
applications. The materials Algaeplast is working on are expected to become
available in the second half of 2016.
About Cereplast, Inc.
Cereplast, Inc. (OTCQB:CERP) designs and manufactures proprietary biobased,
sustainable bioplastics which are used as substitutes for traditional plastics
in all major converting processes - such as injection molding, thermoforming,
blow molding and extrusions - at a pricing structure that is competitive with
traditional plastics. On the cutting-edge of biobased plastic material
development, Cereplast now offers resins to meet a variety of customer
demands. Cereplast Compostables® resins are ideally suited for single-use
applications where high biobased content and compostability are advantageous,
especially in the food service industry. Cereplast Sustainables® resins
combine high biobased content with the durability and endurance of traditional
plastic, making them ideal for applications in industries such as automotive,
consumer electronics and packaging. Learn more at www.cereplast.com. You may
also visit the Cereplast social networking pages at Facebook.com/Cereplast,
Twitter.com/Cereplast and Youtube.com/Cereplastinc.
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