| OTC Markets: CERPQ
Cereplast, Inc. designs and manufactures proprietary starch-based, sustainable plastics created from breakthrough bioplastics technology. Its bio resins replace a significant portion of petroleum based additives with biobased material such as starches from tapioca, corn and potatoes, meeting the demand from consumers and manufacturers for sustainable plastics. The company conducts its operations through two product families with Cereplast Compostables and Cereplast Sustainables resins. The Cereplast Compostables resins are compostable, renewable and ecologically sound substitutes for petroleum-based plastics targeting primarily compostable bags, single-use food service products and packaging applications. The Cereplast Sustainables resins are partially or fully bio-based, ecologically sound substitutes for fully petroleum-based plastics targeting primarily durable goods, packaging applications. The company's resins are compatible with existing manufacturing processes and equipment, making them a ready substitute for traditional petroleum-based resins. Cereplast was founded by Frederic Scheer on September 29, 2001 and is headquartered in El Segundo, CA.