Cereplast

Cereplast (12)

Cereplast, Inc. (OTCQB:CERP), announced a new bioplastic resin grade Biopropylene® A150D, an injection molding grade manufactured with 51% post-industrial algae biomass.

The post-industrial algae grade is the first offering with 51% algae content and will be commercially available this quarter. Additionally, the biomass content dramatically reduces the carbon footprint of the final product while reducing the petroleum-based plastic content. Biopropylene A150D has low to no odor due to the discovery of a post-industrial process that significantly reduces the distinctive smell that is inherent to algae biomass. The color of the material is medium to dark green and can be colored to dark brown, black or a darker green for color consistency. A matte or shiny surface can be accomplished based upon mold surface and process conditions. Biopropylene A150D can be processed on existing conventional electric and hydraulic reciprocating screw injection molding machines, and is recommended for thin wall injection molding applications. Biopropylene A150D meets CONEG and ROHS requirements.

"Our technology is at the forefront of the algae bioplastics market," commented Mr. Frederic Scheer, Chairman and CEO of Cereplast. "We consider this new grade to be an important milestone in our quest for new polymers. Our R&D and manufacturing team has done tremendous work and we are excited about the potential outcome. The introduction of our newest grade Biopropylene A150D is significant due to the high percentage of algae biomass content; the greater the algae content, the lower the carbon footprint of the final product. This is an important achievement as our subsidiary Algaeplast works toward the goal of manufacturing polymers made from 100% algae content. We believe Algaeplast can reach this next frontier within the next three years. Algae will allow us to serve a large market of highly engineered polymers at very competitive pricing."

Cereplast subsidiary Algaeplast will continue the research for all algae grades, and Cereplast will distribute all research made by Algaeplast.

For more information, visit: www.cereplast.com

Cereplast, Inc. (Nasdaq:CERP), a leading manufacturer of proprietary biobased, sustainable bioplastics, today announced the launch of Hybrid 111D and Hybrid 112D, thermoplastic elastomer (TPE) starch hybrid compounds for injection molding applications. Hybrid 111D boasts 30% starch and Hybrid 112D has 50% starch, which lowers the environmental impact of the material compared to conventional TPE. Both grades are soft and pliable, offering stretch with some recovery for soft grip applications such as handles for bicycles and tools, cosmetics packaging, housewares, household appliances, footwear and automotive applications.

"We are enthusiastic about the addition of TPE starch blends to the Cereplast Hybrid Resins family, as we continue to expand our line of bioplastic resins to provide low carbon footprint products to the marketplace," said Cereplast CEO and Chairman Mr. Frederic Scheer. "In the next few months we will also introduce polyethylene hybrids, which will round out our product offering, furthering our leadership role for hybrid resins in the bioplastics industry and meeting the demands of our customers for the properties and pricing that they desire."

Cereplast, Inc. (Nasdaq: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.

For more information, visit: www.cereplast.com

Cereplast, Inc. (Nasdaq:CERP), a leading manufacturer of proprietary biobased, sustainable plastics, will unveil several new technologically advanced bioplastic resin grades at The International Plastics Showcase, NPE 2012. The exhibition is hosted by SPI, The Plastics Industry Trade Association, and takes place April 1-5, 2012 in Orlando, Florida.

The new bioplastic resin grades include Sustainable 1020D, a translucent injection molding grade, Compostable 4008D, a new paper extrusion coating grade, Hybrid 106D, a high starch, high melt flow injection molding grade, and an EVA Hybrid grade. Cereplast will also feature the Cereplast Compostables® family of resins, including the recently added Compostable 3002, Compostable 3010 and Compostable 3020, which are for use on blown film extruder lines for the manufacture of compostable bags, all of which have received DIN CERTCO certifications of compostability. Additionally, the Company will feature the Cereplast Sustainables® product line, which includes the new Cereplast Hybrid Resins® grades Hybrid 102D and Hybrid 105D.

"We are excited to be an exhibitor at NPE, the world's largest plastics exhibition, a fantastic opportunity for us to showcase our unique and technologically advanced materials to the international marketplace," said Cereplast Chairman and CEO, Frederic Scheer.

For more information, visit: www.cereplast.com or www.npe.org

Wednesday, 11 January 2012 09:55

Cereplast Introduces Next Generation Hybrid Resins

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Cereplast, Inc. (Nasdaq:CERP), a leading manufacturer of proprietary biobased, compostable and sustainable plastics, has introduced the next generation of Cereplast Hybrid Resins®, an expansion of the Biopropylene® PP-based resin product offering through two new bioplastic resin grades, Hybrid 102D and 105D. Cereplast anticipates going to market with the new resin grades during the first half of 2012 in the United States and Europe.

Cereplast Hybrid Resins replace up to 50% of the petroleum content in traditional plastic products with biobased materials such as starches from annually renewable plants. Cereplast Hybrid Resins are suitable for durable goods, including consumer products, interior automotive parts, and furniture, and have a lower carbon footprint than traditional plastics. The new grades Hybrid 102D and Hybrid 105D are both injection molding grades, a heating and cooling manufacturing process in which the material is molded in different shapes.

Cereplast's Biopropylene PP-based resin consists of polypropylene encapsulating starch particles, and includes Hybrid 101, Hybrid 102D and Hybrid 105D. In addition to providing a lower carbon footprint than traditional PP, many of the desirable PP properties are maintained including chemical resistance, mold shrinkage, mold flow, surface appearance, heat deflection temperature, and hinge performance. Hybrid 102D is a formulation that offers a higher starch content than Hybrid 101, while maintaining similar performance. The primary application is injection molding requiring some ductility. Hybrid 105D is a high flow injection molding grade for thinner wall applications than Hybrid 101 and replaces Hybrid 103, providing more consistent properties and processing. All Hybrid grades are FDA compliant for direct food contact.

"As demand for bioplastic resins grows, so does the demand for high-performance durable grades that are cost effective," said Chairman and CEO of Cereplast, Frederic Scheer. "As the price of oil continues to rise, Cereplast Hybrid Resins get closer to parity with traditional plastics, providing an affordable, eco-friendly solution for companies that wish to reduce their environmental impact. Our research and development team have answered the demands of our clients for better-performing hybrid resins with higher levels of starch content. We are proud to introduce the next generation of bioplastic hybrid resins."

Cereplast, Inc. (Nasdaq:CERP) designs and manufactures proprietary biobased, sustainable plastics 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 bioplastic 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 foodservice 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.

For more information, visit: www.cereplast.com

Cereplast, Inc. (NASDAQ: CERP), a leading manufacturer of proprietary biobased, compostable and sustainable plastics, today announced it is establishing a bioplastics manufacturing plant in Assisi (Cannara), Italy.

“This is a significant step in Cereplast’s evolution,” said Frederic Scheer, Chairman and CEO of Cereplast. “The development of this plant in Italy reflects Cereplast's continued commitment to providing bioplastic resin to meet soaring demand for this material in the European market. After exploring possible sites in several countries in Europe, we identified a central location in Italy, where we have established several strong distribution relationships. In addition, the Italian government has expressed its strong support for the development and use of bioplastics, therefore it was the obvious location choice for our plant.”

Scheer continued, “Currently, 85% of our business is based in Europe. We believe this new plant will create efficiencies, reduce transportation costs and minimize risks in our business. The market for bioplastics in the European Union is expected to be one million tons by 2014 according to European Plastics. This new manufacturing facility will position Cereplast to effectively serve that expanding market.”

The plans for the plant include a total capacity of approximately 100,000 tons, or about 220 million pounds. This is expected to occur in several phases: the first phase of 50,000 tons is expected to start manufacturing in late-2012, and the second phase of 50,000 tons is planned to begin manufacturing in mid-2013, based on market demand. The plant will be developed on the site of a former industrial plant and is expected to be approximately 125,000 square feet in size. The site is currently permitted as a chemical site, which will enable the company to benefit from existing infrastructure.

The plant will be owned and run by Cereplast Italia SPA, a wholly owned subsidiary of Cereplast, Inc. This venture will be financed through local and regional financing with Italian institutions and is expected to receive subsidies from various state and local agencies. The initial investment is estimated to be about €10 million to €12 million.

“Umbria is centrally located in central Italy and has a worldwide reputation for being one of the most respectful regions in terms of the natural environment. As such, Cereplast is the perfect company for our region with their focus on green technology,” said Vinicio Bottacchiari, Executive Director of Sviluppumbria, a regional agency. “The new plant when completed will bring about 150 new jobs to our area and we are very excited to have Cereplast as part of our community.”

Conference Call

The company will discuss this development in more detail on its first quarter 2011 conference call and live webcast on May 16th, 2011 at 2:00 p.m. PDT (5:00 p.m. EDT). To join the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: 877-312-5508. International callers should dial 253-237-1135. A live webcast and archive of the call will also be available on the Investor Relations section of Cereplast's website at www.cereplast.com.

Cereplast, Inc. (NASDAQ: CERP) designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for petroleum-based plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with petroleum-based plastics. On the cutting-edge of bio-based 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 bio-based content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables™ Resins combine high bio-based 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.


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.

Cereplast, Inc. (Nasdaq:CERP), a leading manufacturer of proprietary biobased, compostable and sustainable plastics, today announced a new symbol to represent "bioplastics." The designer of the new symbol is Laura Howard, a graphic design student at the University of Louisville in Kentucky, who is the winner of Cereplast's "Make Your Mark" competition.

The goal of the "Make Your Mark" contest was to discover a new symbol that will help consumers to identify products and packaging made from bioplastics. Bioplastics are environmentally friendly alternatives to petroleum-based plastics — made from renewable resources including potatoes, corn, wheat, tapioca, sugar and algae — and are biodegradable and compostable, providing consumers and manufacturers with a revolutionary option to help safeguard the environment and support a sustainable future.

Laura Howard, a design student from the University of Louisville in Kentucky, created the winning bioplastics symbol. A native of Louisville, the 29 year-old was awarded $25,000 for her design that Cereplast will use as a new icon for bioplastics. The simple design of the new symbol enables it to be easily identifiable on products, even when embossed on a clear plastic bottle, for example, as it was created to be both single color or colorless.

The "Make Your Mark" design competition, which was modeled after the 1970 contest that produced the globally recognized recycling symbol we see on recycled and recyclable products today, received over 1500 design entries and 2.8 million public votes which determined the top 200 designs. The renowned panel of judges narrowed the top 200 down to three contenders and, after a multi-tiered judging process, selected the winning symbol. "Make Your Mark" judges included Dr. Gary Anderson, creator of the recycling symbol, Dr. Michael Thielen, Publisher of bioplastics MAGAZINE, and Karim Rashid, world-class industrial designer, among others.

"We are excited to congratulate Laura Howard for designing a symbol that has the potential to become a revolutionary logo representing the next generation of plastics — plastics that protect and preserve our environment and are made from renewable resources. The new bioplastic symbol will be used in a similar fashion to the recycling symbol as it will be stamped on products, and it will serve as an identifying mark of bioplastic material," said Frederic Scheer, Chairman and CEO of Cereplast. "Petroleum-based plastics can have a devastating impact on our environment. Approximately 300 million tons of plastic are produced globally each year. At these quantities, we could wrap the entire planet several times over. Bioplastics offer a more respectful option for our environment, and we believe that this new symbol will help provide consumers with the tools they need to make more environmentally intelligent purchasing decisions."

"Cereplast's bioplastic symbol could likely gain traction much faster than the recycling symbol I designed, as communication in today's digital landscape runs at lightning speed compared to forty years ago," said Dr. Gary Anderson, creator of the recycling symbol and "Make Your Mark" judge. "I am honored to be a part of this historic competition that has produced a symbol that will represent the environmental benefits of bioplastics."

The winning symbol was unveiled on Earth Day Eve, April 21, 2011, at a gala event held at the Herman Miller Showroom in Los Angeles, California. The event was attended by local politicians, dignitaries, key figures from the "green" movement and members of the bioplastic industry. The Herman Miller Showroom is the first LEED CI (Commercial Interiors) Platinum building in Los Angeles, as certified by the U.S. Green Building Council.

Cereplast, Inc. (NASDAQ: CERP), a leading manufacturer of proprietary biobased, compostable and sustainable plastics, today announced the top three designs in the running for the new symbol that will be stamped on products to identify that they are made from bioplastics. The goal of the “Make Your Mark” contest is to introduce a new symbol that will help consumers to identify products and packaging made from bioplastics. Bioplastics are earth-friendly alternatives to petroleum-based plastics, and are made from renewable resources including potatoes, corn, wheat, tapioca, sugar and algae.

The "Make Your Mark" design competition, which was modeled after the 1970 contest that produced the globally recognized recycling symbol we see on recycled and recyclable products today, received over 1500 design entries and over 2.8 million public votes which determined the top 200 designs. From the top 200 design submissions, the renowned panel of "Make Your Mark" judges selected the top three finalists.

Cereplast encourages the public to post their comments on the top three designs by clicking on the designer’s name below. The top three “Make Your Mark” contenders for the $25,000 prize are:

* Ryan Ford, Creative Director at deviantART in Huntington Beach, California
* Laura Howard, a graphic design student at the University of Louisville in Kentucky
* Silas Pandori, Graphic Designer at Iron Design in Ithaca, New York

"Cereplast's competition reflects our commitment to educating and helping consumers make more informed purchasing decisions that have an effect on the health of our environment," said Frederic Scheer, Chairman and CEO of Cereplast. “We are thrilled with the positive feedback and support we received in response to the ‘Make Your Mark’ contest from individuals, universities, industry professionals, designers, government officials and many others across the U.S. The new bioplastics symbol will enable consumers to easily identify products made from bioplastics, similar to the globally recognized recycling symbol we see on thousands of plastic products.”

The winning symbol will be announced on Earth Day Eve, April 21, 2011, at a gala event to be held at the Herman Miller Showroom in Los Angeles, California. The Herman Miller Showroom is an 18,000 square-foot venue that was named the first LEED CI (Commercial Interiors) Platinum building in Los Angeles, as certified by the U.S. Green Building Council.

Cereplast, Inc. (NASDAQ: CERP), a leading manufacturer of proprietary bio-based, compostable and sustainable plastics, today announced that the "Make Your Mark" design competition received 2.8 million votes between January 3, 2011 and March 4, 2011, the respective open and close dates for public voting on the contest website. The goal of the “Make Your Mark” contest is to introduce a new symbol that will help consumers to identify products and packaging made from bioplastics.

“We are thrilled about the enthusiasm and creativity the participants have exhibited on behalf of our “Make Your Mark” contest in search of a new bioplastics symbol. With 2.8 million votes from the public, the interest and interaction surrounding the contest has exceeded our expectations,” said Frederic Scheer, Cereplast Chairman and Chief Executive Officer. “The bioplastics symbol will enable consumers to easily identify products made from bioplastics, similar to the globally recognized recycling symbol we see on thousands of plastic products."

The contest received over 1500 design submissions and the top 200 semi-finalists were determined based on a public voting system. The top 200 candidates can be viewed at www.iizuu.com/cereplast. The panel of judges, which include notable names including Karim Rashid, Gary Anderson (creator of the recycling symbol) and Rebecca Minkoff, is currently conducting a multi-tiered process of selecting the top three designs.

“Make Your Mark” judge, John Newland, Herman Miller Vice President of A+D said, “As companies and consumers move toward “greening” their products and business practices, it is important to educate the public in the ways they can identify what the products they purchase are made from. Herman Miller is proud to support Cereplast in their quest to bring a symbol to the marketplace that has the potential to help better inform consumers across the globe about the products they buy.”

The winning symbol will be announced on Earth Day Eve, April 21, 2011, at a gala event to be held at the Herman Miller Showroom in Los Angeles, California. Located at 3641 Holdrege Avenue, Herman Miller's 18,000 square-foot showroom is the first LEED CI (Commercial Interiors) Platinum building in Los Angeles, as certified by the U.S. Green Building Council. The designer of the winning bioplastics symbol will receive $25,000.

For more information visit: www.cereplast.com

Cereplast, Inc. (NASDAQ: CERP), a leading manufacturer of proprietary bio-based, compostable and sustainable plastics, announced today that it has entered into a distribution agreement with DMT Plasticolor to supply Cereplast bioplastic resins to the Croatian marketplace. This agreement is the fourth contract that Cereplast has entered in to in 2011 and reflects a continuing surge in demand for bioplastic resin across the pan-European marketplace.

Under the terms of the agreement, DMT Plasticolor will exclusively distribute Cereplast Compostables® Resins and Cereplast Sustainables™ Resins to product and package manufacturers in Croatia. Cereplast's bioplastic resins enable DMT Plasticolor to supply its customers with plastic alternatives made from renewable resources including corn, wheat, tapioca, potatoes and algae. DMT Plasticolor will use the Cereplast Compostable 3000 film grade to produce bioplastic films for food packaging. This bioplastic film is designed to have a balance of puncture strength, toughness, and can be processed on existing blown film extrusion machines. Cereplast Compostable 3000 is a proprietary patented formulation, which includes Ingeo PLA and a copolyester from BASF. The agreement is for 100 tons of Cereplast resin per month for one year.

Founded in 2000, DMT Plasticolor is one of the leading suppliers of masterbatches and additives for the plastics industry in Croatia and the surrounding Adriatic countries. DMT Plasticolor has partnered with some of the largest resin suppliers in the world.

"We’re proud to partner with DMT Plasticolor to help bring bioplastic materials to the Croatian market. This marks Cereplast’s fourth distribution agreement in 2011, a clear indication of a soaring market in Europe for bioplastic resin," said Frederic Scheer, Founder, Chairman and CEO of Cereplast, Inc. "There are three main drivers for the surge in demand for bioplastics across Europe. First, consumer attitudes in Europe are favorable toward sustainable products and packaging; secondly, the composting structure in Europe is strong and developed; and, lastly, supportive governmental policies toward protecting and preserving the environment. These combined factors have collectively influenced exponential growth in bioplastic demand in the pan-European marketplace. Cereplast is well-positioned to meet and satisfy this growing demand in Europe."

"This collaborative agreement with Cereplast enables us to expand our product offering and strengthens our position as a leading distributor of masterbatches in the Croatian region,” said Darko Ivan Oroz, Director of DMT Plasticolor. “We are committed to bringing our clients the best quality biobased plastics for the manufacturing of products and packaging.”

For more information visit: 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.

Cereplast, Inc. (NASDAQ:CERP), a leading manufacturer of proprietary bio-based, compostable and sustainable plastics, today announced the panel of judges for the “Make Your Mark” design competition that will produce a symbol to be used to identify products and packaging that are made from bioplastics ("green," bio-based plastics, not petroleum-based plastics). At the close of the contest on March 4, 2011, over 1,500 design entries were received. The designer of the winning bioplastics symbol will receive $25,000.

“We are honored to have renowned experts from diverse backgrounds within the design community to help us select a symbol that has the potential to become a globally recognized icon, similar to the recycling symbol we see every day on thousands of plastic products," said Frederic Scheer, Chairman and CEO of Cereplast. "Cereplast’s competition reflects our commitment to educating and helping consumers make better informed purchasing decisions that help safeguard our environment.”

The “Make Your Mark” panel of renowned judges includes:

Dr. Gary Anderson—Creator of the globally recognized “recycling symbol,” which was created in 1970 as a result of a design competition that Dr. Anderson won.

Rod Dyer—President of Rod Dyer International, has produced award winning graphic designs and some of the most recognizable brand identities and logos including Maverick Records, Gramercy Pictures, The Disney Channel, Entertainment Tonight and California Pizza Kitchen.

John Newland—Herman Miller Vice President of A+D. Herman Miller is globally recognized for design excellence, creating award-winning products and services, and for supporting a passionate commitment to social and environmental responsibility.

Eric Pfeiffer—President and Creative Director of Pfeiffer Lab, is an award winning product designer who focuses on simplicity, sustainability and function. Clients include Design Within Reach, Crate and Barrel, Room & Board, Gap Inc., Levi’s and William Sonoma.

Karim Rashid—World-class industrial designer known for award-winning designs in fashion, furniture, interiors and packaging. His popular designs include Umbra’s GARBO™ trash can and packaging for Method, Veuve Clicquot, Swarovski and others.

Rebecca Minkoff—Fashion Designer, known for her luxury handbags, accessories and clothing designs, her pieces are a favorite of celebrities including Reese Witherspoon, Keira Knightley and Lauren Conrad.

Dr. Michael Thielen—Publisher of bioplastics MAGAZINE, the only independent global trade magazine dedicated to covering the bioplastics industry.

“It still amazes me that the recycling symbol I designed for a student competition in 1970 became a globally recognized icon,” said Gary Anderson, creator of the recycling symbol. “Cereplast’s bioplastic symbol will gain traction much faster as communication in today’s digital landscape runs at lightning speed compared to forty years ago. I am honored to be a part of this historic competition that will produce a symbol that will represent the environmental benefits of bioplastics.”

Due to the higher than expected number of submissions, the number of semi-finalists will be increased to 200, up from 50. The top 200 designs will be determined based on a public voting system available at www.iizuu.com/cereplast, which closes on March 11, 2011. The judges will then select the top three designs and the winning symbol will be announced on Earth Day Eve, April 21, 2011, at a gala event to be held at the Herman Miller Showroom in Los Angeles, California. Located at 3641 Holdrege Avenue, Herman Miller’s 18,000 square-foot showroom is the first LEED CI (Commercial Interiors) Platinum building in Los Angeles, as certified by the U.S. Green Building Council.

Cereplast, Inc. (NASDAQ: CERP), a leading manufacturer of proprietary bio-based, compostable and sustainable plastics, announced today that it will launch a nationwide design competition for a symbol that represents “bioplastics” on January 3, 2011. The symbol will indicate that a product is made from “green,” bio-based material, not petroleum-based material.

“Cereplast’s competition represents our commitment to educating and helping consumers make smarter purchasing decisions that help preserve and protect our environment,” said Frederic Scheer, Chairman and CEO of Cereplast. “Companies are increasingly looking at bio-based plastics made from renewable resources like corn, wheat, and algae as an alternative to petroleum-sourced plastics in order to meet soaring consumer demand for economically and ecologically sound, 'green' products. The bioplastics symbol will enable consumers to easily identify products made from bioplastics, similar to the globally recognized recycling symbol we see on thousands of plastic products.”

The contest is open to legal residents of the United States. Entrants are required to submit a symbol design that, when stamped on a product, will clearly serve as an indication that the product is made from bioplastics. This new symbol will serve in a similar fashion to how the recycling symbol is used to identify products that are made from recycled materials and/or are recyclable.

It is mandatory for the design to have the ability to be “single-color” or colorless and it must be easily identifiable. Design submissions need to include three variations to identify the end of life options for the product—whether to compost or recycle it. The three variations include: a general bioplastics symbol; a version identifying compostability; and a version indicating recyclability. Official rules will be posted at www.iizuu.com/cereplast on the day of the contest launch.

The deadline for design entries is March 4, 2011. The top 50 entries will be determined based on a public voting system available at www.iizuu.com/cereplast. The judges will select the top three designs and the winner will be announced on Earth Day Eve, April 21, 2011, at a gala event in Los Angeles, California, in honor of the internationally celebrated Earth Day. The designer of the winning bioplastics symbol will receive $25,000.

Forty-one years ago, Gary Anderson won the competition that produced the globally recognized recycling symbol we see on recyclable products today. Mr. Anderson and industrial designer Karim Rashid are among the panel of renowned judges.

Cereplast produces bio-based, compostable and sustainable plastic substitutes that serve as an environmentally safer alternative to petroleum-based plastics. Cereplast creates a wide range of bioplastic resins to meet surging consumer and industrial demand for economically and ecologically sound, "green" products. Made from renewable resources, — corn, wheat, tapioca, potatoes and algae — Cereplast bioplastics replace traditional petroleum-based plastics in the manufacturing of products and packaging.

About Cereplast, Inc.

Cereplast, Inc. (NASDAQ: CERP) designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for petroleum-based plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with petroleum-based plastics. On the cutting-edge of bio-based 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 bio-based content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables™ Resins combine high bio-based 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 our social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc.

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.

Contacts

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EL SEGUNDO, Calif.--(BUSINESS WIRE)-- Cereplast, Inc. (NASDAQ: CERP), a leading manufacturer of proprietary bio-based, compostable and sustainable plastics, announced today that it will participate as an exhibitor at the fifth annual European Bioplastics Conference to be held on December 1 and 2, 2010 at the Hilton Hotel in Düsseldorf, Germany.

The industry-leading conference is hosted by European Bioplastics, an organization representing industrial manufacturers, processors and users of bioplastics and biodegradable polymers (BDP), and their derivative products. Over 380 participants from 27 different countries, including industry leaders and growth companies, will discuss topics ranging from technological innovation, new product innovation, evaluations of bioplastic consumer goods and recovery and recycling systems.

"We are proud to be a part of the fifth annual European Bioplastics Conference as we place a high priority on working collectively with the industry to help drive innovation and support growth in the bioplastics market," said Frederic Scheer, Founder, Chairman and CEO of Cereplast, Inc." Europe is an important market for bioplastics right now as laws banning the use of petroleum-based plastics across parts of the continent continue to gain momentum. These legislative efforts are steps toward helping protect and preserve the environment. We've seen a substantial surge in demand in Europe as a result of this legislation."

Cereplast will serve refreshments during their private event to be held in the Aristoteles room at the Hilton Hotel throughout the entire event. For more information, please visit the Cereplast booth located next to the Hilton Düsseldorf Conference Hall at booth #1.

Cereplast, Inc. actively manufactures proprietary bioplastic resins for use in products including tableware, cutlery, toys, healthcare and hygiene products, bottles and containers, bags, packaging, gift cards, printed displays, straws, pipes, conduits, and many other applications. The Company's advanced technologies include: Cereplast Compostables® Resins, which substitute petroleum-based plastics in single-use disposables and packaging; and Cereplast Sustainables™ Resins, which replace up to 70% of the petroleum content in conventional plastics used in a range of markets, including automotive, consumer goods, consumer electronics, medical, packaging, and construction.

About Cereplast, Inc.

Cereplast, Inc. (NASDAQ: CERP) designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for petroleum-based plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with petroleum-based plastics. On the cutting-edge of bio-based 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 bio-based content and compostability are advantageous, especially in the food service industry. Cereplast Sustainables™ Resins combine high bio-based 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 our social networking pages at Facebook.com/Cereplast, Twitter.com/Cereplast and Youtube.com/Cereplastinc.

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.

Cereplast, Inc.
Nicole Cardi
(310) 615-1900 x154
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or
MKR Group, Inc.
Investor Relations
Charles Messman or Todd Kehrli
(323) 468-2300
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Source: Cereplast, Inc.

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