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PLNT Plantic Tech.

7.75
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Plantic Tech. LSE:PLNT London Ordinary Share AU0000XINEG8 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Agreement with Klockner Pentaplast for Europe

15/10/2010 7:35am

UK Regulatory



 

TIDMPLNT 
 
RNS Number : 4560U 
Plantic Technologies Limited 
15 October 2010 
 

 
Media Release 
 
15 October 2010 
 
 
 
    PLANTIC APPOINTMENT OF KLÖCKNER PENTAPLAST AS A DISTRIBUTOR FOR EUROPE 
 
Plantic Technologies Ltd, announced today it has expanded its exclusive regional 
distribution agreement with the Klöckner Pentaplast Group for its line of 
Plantic  biopolymer rigid packaging films to include Europe.  Previously 
focusing on the Americas, the expanded exclusive agreement now encompasses 
European distribution.  Klöckner Pentaplast, a leading global producer of rigid 
packaging films, will market and sell Plantic  rigid packaging films throughout 
the Americas and Europe under its Pentafood  Biofilm(TM) brand name.  Designed 
to increase market penetration and enhance service to the marketplace, this 
relationship will provide customers with access to the products that will help 
meet their sustainable packaging goals.  Plantic will continue to service the 
Australasian markets directly and provide rigid trays from its German 
manufacturing site. 
 
About Plantic Technologies Ltd. 
Plantic Technologies is based in Australia, where its head office, principal 
manufacturing, and research and development facilities are located.  The company 
also has sales offices in the U.S.A., Germany and the United Kingdom employing 
approximately 56 people internationally. 
Plantic's novel polymer technology is based on the use of high-amylose 
cornstarch, a material derived from annual harvesting of specialized non- GM 
(hybrid) corn and supplied by National Starch, LLC.  The unique chemical and 
film-forming properties of this type of starch allow for development of a range 
of applications across conventional plastics markets.  Plantic materials have a 
renewable bio-content of typically 85%.  In addition to being renewably sourced, 
Plantic materials are biodegradable, home compostable, water dispersible and 
compostable to American (ASTM D6400) and European (EN 13432) standards. 
Plantic Technologies has won numerous international awards for their innovation 
in biodegradable plastics.  Plantic is listed on the London Stock Exchange (AIM) 
under the symbol 'PLNT'.  For more information visit the company's website at 
www.plantic.eu 
 
About the Klöckner Pentaplast Group 
The Klöckner Pentaplast Group is the world's leading producer of films for 
pharmaceutical, medical device, food, electronics and general-purpose 
thermoformed packaging, as well as printed and specialty applications.  Founded 
in 1965 in Montabaur, Germany, Klöckner Pentaplast has grown from its initial 
facility to 19 production operations in 11 countries. 
The Klöckner Pentaplast Group is wholly owned by affiliates of The Blackstone 
Group. The company has sales of over $1.3 billion (EUR930 million) and employs 
more than 3,000 people committed to serving customers worldwide. For more 
information, visit our web site at www.kpfilms.com. 
 
Contact for Plantic Technologies Ltd. 
Brendan Morris 
 
CEO 
Plantic Technologies Ltd. 
+61 404076 454 
 
brendanm@plantic.com.au 
 
Contact for Klöckner Pentaplast Group 
 
Contact for Corporate, The Americas, and Asia: 
Nancy E. Ryan 
Group Director, Corporate Communications 
Klöckner Pentaplast Group 
+1.540.832.1427 
+1.540.832.1419 Fax 
n.ryan@kpfilms.com 
 
 
Contact in Europe: 
Thomas Huenseler 
Manager of Communications 
Klöckner Pentaplast/Europe 
+49 2602 915 315 
+49.2602.915.197 Fax 
t.huenseler@kpfilms.com 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 AGRQELBFBBFXFBF 
 

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