Cereplast signs supply agreement with manufacturers in Brazil

Cereplast, Inc. has signed a two-year contract to supply a total of two million pounds of Cereplast Compostables® resin to two companies in Brazil. Through IraPlast-Krest, the company’s exclusive representative in Brazil, Cereplast will provide the resin to Canguru Embalagens Ltda., a leading provider of single-use food service items, and to the Brazil-based subsidiary of a global agribusiness and food company. Canguru is the first client to launch a biodegradable and compostable food service ware line in Brazil. Its Bio-Zanatta line, which consists of cups, plates and compostable bags, is manufactured exclusively using Cereplast Compostables® resin.