Australia's Plantic teams up with Brazil's Braskem to add sugarcane-derived PE to its ultra-high barrier Plantic eco Plastic product range, which will boost renewable content of those products to above 90%

DALLAS , May 3, 2012 (press release) – Plantic Technologies and Braskem announce renewably Sourced Plantic eco PlasticTM GPE

Two of the world's leading bioplastic companies are bringing their technologies together to create the ultimate ultra-high barrier green packaging. Plantic Technologies Ltd, an international supplier of biopolymers, is partnering with Braskem, one of the world's leading petrochemical companies, to add sugar cane derived I’m greenTM Polyethylene to its Plantic eco PlasticTM ultra-high barrier Plantic eco PlasticTM product range.

The addition of Braskem's Green PE will increase the renewable content of Plantic eco PlasticTM to above 90% and further improve the carbon footprint without compromising the ultra-high barrier properties offered by Plantic eco PlasticTM.

"Plantic eco PlasticTM GPE incorporating Braskem's Green Polyethylene provides for the highest renewable content barrier packaging on the market," says Brendan Morris, Plantic Technologies CEO. "The cooperation with Braskem brings together two outstanding environmental performance plastics to create an ultra-high barrier plastic, with unmatched performance properties and outstanding environmental advantages."

Plantic eco PlasticTM GPE trays and roll stock require no investment in new processing or packaging technology. They are a drop-in replacement for a range of traditional plastics used in modified atmosphere and Ultra high-barrier packaging. The rigid trays and roll stock are offered in a transparent form as well as a variety of colors and even multi-color formats.

"Braskem strategic vision is to become the world leader in sustainable chemistry. Working with Plantic's renewably sourced barrier products and our world leading Green Polyethylene derived from sustainably sourced sugar cane was a logical step for us and one which will continue to see retailers and brand owners provided with choices of packaging which not only are better for the environment but provide superior performance“ said Marcelo Nunes, Renewable Chemicals’ Business Director at Braskem.

About Plantic Technologies Limited

Plantic Technologies is based in Australia, where its head office, principal manufacturing, and research and development facilities are located. The company also has manufacturing operations in Germany and sales offices in the United States and United Kingdom.

Plantic’s globally unique patented polymer technology is based on the use of high-amylose corn starch, a material derived from annual harvesting of specialized non-GM (hybrid) corn and supplied by Corn Products International.

Plantic Technologies Ltd is headquartered in Melbourne Australia with regional offices located in the USA, Germany and the United Kingdom. The company provides a broad range of products in the barrier packaging sector and is supplying major supermarket customers on three continents in applications such as fresh case ready beef, pork, lamb and veal, smoked and processed meats, chicken and fresh pasta applications.

Plantic Technologies has won numerous international awards for their innovation in biodegradable plastics including DuPont’s Global Award for Innovation in 2006.

For more information visit the company’s website www.plantic.com.au.

About Braskem

Braskem is the largest producer of thermoplastic resins in the Americas and global leader in biopolymers. With 35 industrial plants in Brazil and the United States, Braskem produces over 16 million tons of thermoplastic resins and other petrochemical products per year. The company’s 2020 vision is “to be the world leader in sustainable chemistry, innovating to better serve the people.” For further information about Braskem go to: www.braskem.com.

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