Cereplast, Inc. (NASDAQ: CERP) or (the “Company”) designs and manufactures proprietary bio-based resins that create environmentally-friendly plastics which are used as substitutes for petroleum-based plastics.
Through three complementary product families, Cereplast Compostables® Resins, Cereplast Hybrid Resins® and Cereplast Algae Plastics®, the Company’s resins replace a significant percentage of petroleum-based additives with renewable resources such as starches made out of corn, wheat, tapioca and potatoes.