Cardia is currently in the final stages of negotiating a commercial supply contract with a major global packaging company. Cardia has been developing several packaging applications with this company over several years. One of these packaging applications (the most advanced) has now successfully completed in-market trials leading to commercial negotiations for an annualised supply contract.
This contract is expected to be executed shortly (once all terms have been finalised). On execution, the market will be informed accordingly.
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