April 28, 2016 — (Vancouver, BC) Solegear Bioplastic Technologies Inc. has successfully secured an annual purchase order from a US-based customer for more than 200,000 units of bioplastic packaging to transport faucet aerator inserts to both commercial and retail customers. Following initial production in late 2014, the customer has placed repeat purchase orders on a semi-annual basis and has now moved to an annual commitment.
“Solegear’s focus on developing and distributing finished bioplastic products and packaging with the maximum possible percentage of renewable resources goes beyond our passion for creating innovative bio-based materials,” said Solegear’s CEO, Paul Antoniadis. “We are equally committed to providing our customers with real-world, competitive solutions and excellent service to earn their ongoing business and grow our relationship with them. This latest repeat purchase order is an example of how we can measure that success.”
Solegear uses its proprietary Polysole® TF2020 bioplastic to produce this packaging, which provides enhanced rigidity and impact resistance to protect heavy parts while also maintaining an independently verified 90% plant-based content. Designed as a drop-in replacement for petroleum-based thermoformed and die cut packaging, TF2020 can be readily processed in standard thermoforming equipment and contains no BPAs, phthalates or other hazardous additives.
About Solegear Bioplastic Technologies Inc.
Solegear Bioplastic Technologies Inc. (TSX-V:SGB) is an innovator in the field of next generation bioplastics made from annually renewable plant-based sources. Committed to the principles of Green Chemistry, Solegear is driven by its mission to create healthier, safer and stronger communities by fundamentally changing the way plastics are made.
Solegear’s proprietary bioplastic formulations, Polysole® and Traverse®, are designed to meet today’s social and corporate requirements to lower carbon emissions, reduce waste and remove toxicity typically associated with traditional petroleum-based plastics. Together with its partners, Solegear custom engineers, produces and distributes its high-performance bioplastics as resin, sheets and finished goods with some of the highest percentages of renewable, plant-based materials currently available in the industry.
For more information: www.solegear.ca