No problem Trees.

Cardia Bioplastics expands product offering into consumer healthcare and beauty market

Monday, July 23, 2012 by Angela Kean

Cardia Bioplastics (ASX: CNN), in a world first, will produce organic and biodegradable facial wipes within renewable content packaging in partnership with ECOCARE™.

Importantly, this expands Cardia’s already diverse portfolio into the growing consumer healthcare and beauty market, and provides a platform for new supply contracts in an untapped market.

The global plastics packaging market was estimated at around $180 billion in 2009, with sustainable and renewable packaging estimated at less than 1% of the plastics packaging market and with exponential growth potential.

Under the partnership, Cardia’s renewable Biohybrid™ resins will form the basis of the ECOCARE™ facial wipes packaging.

With the global trend towards green and environmentally friendly products, Cardia is in a strong position to benefit and gain market share.


Continued strategic alliances

Earlier this month, Cardia announced a new partnership with Alto Packaging to deliver environmentally friendly packaging systems to the food industry.

Cardia will provide the renewable resins to form the basis of Alto’s packaging systems.

Proactive Investors