Cereplast begins bioplastics production in Indiana

Cereplast, Inc. has begun production at its new facility in Seymour, Indiana. The Company also announced that it has moved its corporate headquarters to offices in El Segundo, California, from Hawthorne, California.

“The Indiana plant will allow us to significantly reduce our costs across the board as compared to our operations in California and focus on our core strengths: the development and marketing of our bio-plastic resins to the worldwide consumer and industrial plastics markets.”

The new facility, which occupies approximately 110,000 square feet on 14 acres of land, is located one hour south of Indianapolis and houses Cereplast’s research and development operations and state-of-the-art manufacturing equipment for the Company’s bio-plastic resins. The new plant will have an increased production capacity of approximately 80 Million pounds of bioplastic resin when operating at full capacity.

“We are excited to have begun production at our new facility in Seymour as part of our strategy to streamline our operations and provide the best quality product at an attractive price,” said Mr. Frederic Scheer, Founder, Chairman and CEO of Cereplast, Inc. “The Indiana plant will allow us to significantly reduce our costs across the board as compared to our operations in California and focus on our core strengths: the development and marketing of our bio-plastic resins to the worldwide consumer and industrial plastics markets.”

In order to ensure that operations run smoothly, Cereplast’s head of production and head of Technology are now based in Indiana to head up the new facility and will be supported by Mr. Scheer, who will reside in Indiana one week per month in order to be on location. “Our move to a geographically central region will enhance our operations, allowing us to best serve our growing client base in the United States,” added Mr. Scheer.

SOURCE: Cereplast, Inc.

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