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Cereplast filed a voluntary petition for Chapter 11 bankruptcy on February 10, The case was later converted to Chapter 7 at the request of the company. The acquisition closed on June 30 and the company is already offering product for sale.
While the plant is starting operations immediately, several improvements will be made to both the equipment and the business plan. Trellis Earth, however, is adding finishing equipment to the Seymour facility and plans to focus primarily on the sale of finished bioplastics products in the food service sector.
Collins estimates the improved business model will allow his company to realize 30 percent gross margins, rather than the 15 percent available by marketing exclusively to plastics manufactures.
According to Collins, the Seymour plant currently has three extrusion lines with three pelletizing extruders. One extruder will be retrofitted to create sheet-stock.
Rather than producing bioplastic pellets, that extrusion line will produce bioplastic rolls which will be offered for sale and used in-house for thermal forming into clamshells, portion cups, plates and similar finished products.
The company also plans to install injection molding equipment and a high-capacity thermal former. All those additions are scheduled to be fully installed and operational within four months.
While the focus will be on finished bioplastic products, Collins stressed that Trellis Earth will continue to service existing Cereplast customers. Trellis Earth has been active in the bioplastics sector for seven years. According to Collins, his company has focused primarily on blending biomass with conventional petrochemical-based plastics.
The company has three contract manufacturers in China and has built its business with imported product. The Cereplast acquisition now gives Trellis Earth a manufacturing presence in the U.Stewart Brand. Stewart Brand co-founded The WELL, Global Business Network, The Long Now Foundation, and Revive & Restore.
He was the founder/editor of the Whole Earth Catalog and author of The Media Lab, How Buildings Learn, The Clock of the Long Now, and Whole Earth Discipline..
Stewart Brand's Homepage. -What is graphene? Stronger than steel, thinner than paper, graphene could be the future of tech. It’s always risky to make broad assertions about history, but one of the few things that seems to hold true is that technological advances drive the course of civilization.
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Rayong located at Eastern board of Thailand, approximately kilometers from Bangkok (km by car from Bangkok). It consists of 3, square km area and km of beach connect to the gulf of Thailand.
The bioplastic production facility in Indiana will restart immediately with an improved business plan. Trellis Earth Products Inc. has acquired the assets of bioplastics company Cereplast Inc., which filed for bankruptcy earlier this year.
The bioplastic production facility in Indiana will restart immediately with an improved business plan. Trellis Earth Products Inc. has acquired the assets of bioplastics company Cereplast Inc., which filed for bankruptcy earlier this year. The Long Now. Brian told the origins of his realizations about the "small here" versus the "big here" and the "short now" versus the "long now." He noted that the Big Here is pretty well popularized now, with exotic restaurants everywhere, "world" music, globalization, and routine photos of the whole earth. They also plan to launch several socially and environmentally impactful products in both the beverage and non-beverage categories. JUST Goods Inc. Co-Founder Will Smith, Jaden’s father said: “While Jaden was surfing as a young kid, some plastic water bottles floated by him and he soon realised that they were dirtying our oceans and killing the environment.
The Long Now. Brian told the origins of his realizations about the "small here" versus the "big here" and the "short now" versus the "long now." He noted that the Big Here is pretty well popularized now, with exotic restaurants everywhere, "world" music, globalization, and routine photos of the whole earth.
Metsä Board, part of Metsä Group, has started construction of a new sheeting line at its Äänekoski board mill. The investment will increase the annual capacity of the sheeting plant by .