Collaboration With Kesko GmbH
November 03 2009 - 1:00AM
RNS Non-Regulatory
TIDMPLNT
Plantic Technologies Limited
03 November 2009
?
3 NOVEMBER 2009
PLANTIC TECHNOLOGIES LIMITED ("PLANTIC")
COLLABORATION WITH KESKO GMBH TO PENETRATE HIGHER END OF PACKAGING MARKET
Plantic is an AIM-quoted company engaged in the development and
commercialisation of a range of biodegradeable plastics from naturally occurring
high amylose starch.
Plantic is pleased to announce a formal collaboration with German packaging
supplier Kesko GmbH. This follows the commissioning and opening of Plantic's
manufacturing facility in Jena, which became fully operational in February 2009
and is already supplying a range of customers in Europe, including a leading
German food manufacturer.
A key component of Plantic's marketing strategy has been to convince producers
of higher value, luxury products of the importance of introducing
biodegradability in to their packaging. The use of Plantic biodegradable
packaging gives their customers the comfort that the packaging used in such
products has a low environmental impact. Plantic biodegradable packaging, which
uses less than 50% of the energy, and up to 70% less green house gas emissions,
of traditional plastic
With this in mind, Plantic's German subsidiary, Plantic Technologies (Germany)
GmbH, will collaborate with local packaging supplier Kesko GmbH. Kesko supplies
a range of packaging products to the pharmaceutical and cosmetics industries and
will play an active role in promoting the functional and environmental qualities
of Plantic's sheet and resin material. Plantic will supply biodegradable
thermoformed sheet for BIOBlister and all BIO oriented packaging to Kesko.
Kesko Managing Director Holger Rietfort comments:
"We are delighted to be partnering with Plantic, which has earned an outstanding
reputation in the field of biodegradeable plastic. We have been impressed both
by Plantic's functional and environmental capabilities, and by the imaginitive
strategies which the Plantic team has devised to promote the material to a
broader market."
Norbert-Rainer Schmidt, General Manager of Plantic Germany, is also
lookingforward to this cooperation:
"Kesko is the perfect partner for establishing a significant presence in the
cosmetic and pharmaceutical industry. Kesko enjoys an excellent reputation for
quality and reliability and we are very pleased that they have chosen our
technology to help us attack this important area of the market."
Further Information:
Plantic Technologies:
+-----------------------------------------------------+--------------------------------------+
| Brendan Morris, | +61(0)3 9353 7983 |
| Chief Executive Officer | |
| | |
+-----------------------------------------------------+--------------------------------------+
| Norbert-Rainer Schmidt, | +49 3641 21773 10 |
| Managing Director, Plantic Technologies (Germany) | |
| GmbH | |
+-----------------------------------------------------+--------------------------------------+
Pelham PR:
+-----------------------------------------------------+--------------------------------------+
| Archie Berens | +44 (0)207 337 1509 |
+-----------------------------------------------------+--------------------------------------+
Information about Plantic
Plantic Technologies Limited has emerged as a world leading bioplastics
innovator. The Australian-based company has won numerous international awards of
for achievement in science and has built an international network of major
corporate customers, distributors and research and development partners.
Information about Kesko
Kesko is a specialist packaging business situated in Stolberg near Aachen.
Founded in 2004, one of its key areas of focus is blister packaging, a primary
material in the distribution of pharmaceuticals. Through its reputation for
quality, reliability and flexibility, Kesko has successfully expanded its
position in the packaging market.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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