TO: COMPANY ANNOUNCEMENTS OFFICEASX LIMITEDDATE: 16 April...

TO: COMPANY ANNOUNCEMENTS OFFICE
ASX LIMITED
DATE: 16 April 2012
MEDIA RELEASE
Cardia launches world’s first Bio-container
for nutritional supplement and cosmetics market
________________________________________________________________________
16 April 2012: Cardia Bioplastics is pleased to announce that it has launched the
world’s first food contact compliant Biohybrid™ container for the global nutritional
supplement market and cosmetics industries.
Cardia is implementing a marketing strategy to launch the Bio-Containers globally. In the
first step of this strategy, Cardia is currently working with both a US manufacturer of plastic
containers and a major nutritional supplement company to launch the new Bio-Containers
into the US market.
Cardia estimates that the packaging (including containers) for this industry alone
represents a multi-million dollar business opportunity. This is further supported by
“Research and Markets”1 report on the US Nutritional Supplement industry which is
estimated to be worth US$22.5 billion per annum.
Cardia Bioplastics has produced “Bio-Containers” for packaging tablets and cosmetics
using its new food contact approved Biohybrid™ resins. The Cardia Biohybrid™ resins are
fully recyclable and comply with the US Food and Drug Administration (FDA) and EU
regulatory requirements2 on materials and articles intended to come into contact with food.
Cardia’s Bio-Containers have been independently tested and validated to comply with the
stringent performance requirements of the nutritional supplement and cosmetics
industries. The Bio-Containers are well-suited to store vitamins, medical tablets, food
and nutritional supplements, and cosmetic products. Bio-Containers offer excellent
physical properties and shelf life for the stored products. In addition to their excellent
performance, Bio-Containers require less oil to produce and have a more favourable
environmental profile and carbon footprint than conventional plastic containers.
1 Research and Markets is an internet based market research company. A market research report
on the Nutrition Supplement Business was released in November 2011 by Research & Markets
.com
2 U.S.A Code of Federal Regulations - Title 21 - Food and Drugs (FDA CFR 21) and Europe’s