Has there been any additional news since the update on 15/04/2010 with regards to the CNOOC non binding agreement?
http://www.bourseinvestor.com/bi4/pdfnews/default.asp?d=01055089&f=20100415
Note: This was posted on 26-10-2010, six months later.
Cardia Bioplastics biodegradable bag made from CO2 emissions
Cardia Bioplastics now plans to perfect the new CO2STM technology by increasing the PPC content and the renewable resource component so that up to 60% less virgin oil will be used, when compared to currently marketed biodegradable oil based products.
Has this been perfected? Any help with this would be greatly appreciated.
And this below. Still nothing material after so many months??
"We are now ready to commercialise this innovative technology and are searching for a suitable international partner with oil or gas wells, or refineries producing CO2 emissions. We are getting close in our negotiations and the market will be informed when current discussions materialise into a support agreement," he said.
Thanks in advance,
Tony
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