CNN 6.25% 15.0¢ cardia bioplastics limited

cardia bioplastics wins $500k hygiene products

  1. 872 Posts.
    TO: COMPANY ANNOUNCEMENTS OFFICE
    ASX LIMITED
    DATE: 10 April 2012
    MEDIA RELEASE
    Cardia Bioplastics Wins $500K Hygiene Products Contract for
    American Market
    ________________________________________________________________________
    10 April 2012: Cardia Bioplastics is pleased to announce that it has been awarded
    an annual supply contract for hygiene films made using Cardia Biohybrid™
    technology worth at least US$500,000 p.a. Cardia signed the supply deal with a
    leading American diaper products company.
    Using the hygiene films made from Cardia Biohybrid™ technology, the American diaper
    products company (can not be named due to commercial sensitivity) now offers an
    environmentally sensitive diaper that uses less petroleum-based and more sustainable
    materials. In order to complete the product offering, the diapers are packed in an outer
    packaging also made using Cardia Biohybrid™ technology.
    The combination of film packaging with performance, environmental profile, soft touch,
    matt finish, excellent printability and cost effectiveness makes Cardia Biohybrid™
    technology a most interesting product offering to the global hygiene and personal care
    products industry.
    Cardia Bioplastics will supply the Cardia Biohybrid™ hygiene films from its Nanjing/China
    based film manufacturing plant.
 
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