PLANET GREEN BOTTLE HAS SUCCESSFUL LAUNCH OF ITS REVERTABLE OXO-BIODEGRADABLE PET PLASTIC ...
Vancouver, Canada (MMD Newswire) March 9, 2009 - Planet Green Bottle of Vancouver, Canada and its strategic partner, Wells Plastics of the UK introduced its branded additive, ReverteTM which causes a PET (polyethylene terephthalate) plastic bottle to oxo-biodegrade in 10 to 15 years to the Nova Pack Symposium in Fort Lauderdale on February 12 & 13, 2009. Approximately 250 PET plastic bottle suppliers, executives and scientists representing the largest and most progressive brand owners of beverages globally were in attendance. Andrew Barclay, Director of Research for Wells was the only scientist that made a presentation on the oxo-biodegradable solution as an alternative or an insurance policy against the 76% of all PET plastic bottles that are not recycled each year.
Mr. Barclay however opened his remarks by reinforcing that Planet Green and Wells Plastic are pro-recycling and that PET plastic bottles manufactured with the advantages of the ReverteTM additive do not contaminate the recycling stream. The only other technology reviewed at Nova Pack for biodegradable bottles was based on PLA-based bottles made from cornstarch.
Patrick Rooney, co-founder and Director of Corporate Development for Planet Green stated, "We were overwhelmed by the response for our Revertable oxo-biodegradable PET bottles at Nova Pack mainly from branded product and beverage owners. The Planet Green concept is to facilitate a brand owner to switch from a PET plastic bottle designed to last forever and to go "Revertable". We estimate that a PET plastic bottle infused with our ReverteTM additive will oxo-biodegrade in a 10 to 20 year time frame primarily because we program the molecular breakdown of the plastic over a long enough time to ensure proper shelf life. Planet Green expects to announce a dearth of new customers and a few country-based strategic partnership agreements. Planet Green is developing a country-by-country strategic partnership plan and will seek out well-capitalized local leaders in the bottling segment in geographic regions globally to be our local partners. We have designed a program to allow local strategic partners to also become seed capital investors with us in Planet Green Bottle Corporation as well as JV partners in our regional Planet Green affiliates. Together we will do our part in the Re-Greening of our Planet".
Contact:Patrick Rooney
prooney@rogers.blackberry.net
www.Planetgreenbottle.com
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