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23/09/20
11:40
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SECOS Group (ASX:SES) secures distribution agreement with ISOI
Source: SECOS
- Bioplastics developer SECOS Group (SES) has secured a strategic distribution agreement with Infinite Source Of Ideas (ISOI)
- This agreement will see ISOI act as SECOS' exclusive distributor, selling the company's Cardia Bioplastic resins to local converters in Latin America
- ISOI has already supplied Cardia resins to multiple converters, which have, in turn, produced compostable bags for retailers
- The Cardia resins are derived from renewable resources — they're also soft to the touch, colourable and printable
- They can be used in a multitude of products, such as shopping and waste bags, signage, bottles, labels, and tags
- SECOS is trading over nine per cent higher following the news, with shares priced at 18 cents each
Read the full article on The Market Herald here: https://themarketherald.com.au/secos-group-asxses-secures-distribution-agreement-with-isoi-2020-09-23/