CNN cardia bioplastics limited

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  1. 11,715 Posts.
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    Hi Reiner,

    Thanks for that.

    Just read the latest press release:

    http://news.pg.com/press-release/pg-corporate-announcements/coca-cola-ford-heinz-nike-and-procter-gamble-form-collabora

    This is actually very good news for Cardia.

    As you know, Cardia are not in PET bottles, which is what the project is about. They're in the renewable resource based plastics space, so good to see these large players are committed to the same cause. So we're not competing with them at all, our products are actually complimentary to what these big players are actually trying to develop.

    Also note the links I posted on one of my recent posts i.e., how we're indirectly linked to some of these players through the collaboration we have with the company Invicta.

    All good in my eyes.

    Tony
 
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