Non Regulatory Announcement

 

TIDMPLNT 
 
 
Plantic Technologies Limited 
26 April 2010 
 
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                          Plantic Technologies Limited 
 
              Plantic  Granted US Patent for Impact Resistant Sheet 
 
Melbourne, Australia - 26 April 2010 - Plantic Technologies has been granted 
their fifth US Patent to protect the technology behind its new rigid sheet 
material with improved impact resistance. This new product is targeted at 
packaging products over a broader range of environmental conditions. 
 
Plantic's new and improved impact sheet grade, Plantic  XE1, is a further 
addition to their environmentally friendly range of packaging materials. XE1 
enhances the existing functional properties of the current rigid sheet range 
(Plantic  R1 & HP1) and offers packaging companies a range of options to suit 
their product requirements. 
 
Required for packaging a wider range of food products, this new grade offers 
improved impact performance over a broader range of environmental conditions. 
This expands the use of Plantic material for a wider range of food products, or 
for use where environmental conditions are more extreme (for example display 
packaging in hotter or drier climates). Currently completing compliance testing 
for regulatory approval in Europe, XE1 is particularly suited for applications 
which require improved impact and Food Contact Approval 
 
Early customer evaluation of Plantic  XE1 in our European Applications 
Development Centre, based in Jena, Germany, has generated a lot of interest 
across a broad range of applications. 
 
This new material is the result of Plantic's ongoing research and development 
program to deliver new and improved products to meet the ever increasing demands 
and challenges of our customers. 
 
Plantic  XE1 is made from a non-genetically modified renewable resource, high 
amylose corn starch, supplied by our raw material and development partner 
National Starch. Like Plantic  R1 & HP1, XE1 also has a renewable bio-content of 
more than 80 percent. 
 
Plantic's CEO, Mr. Brendan Morris, said, "This improved impact sheet grade 
further expands our range of sustainable, renewable and competitively priced 
alternatives to conventional plastics. 
 
"Plantic  XE1 will give our customers more choice in selecting environmentally 
friendly materials that will perform well in demanding packaging applications. 
The combined features of improved impact performance over a wider range of 
conditions will allow our customers to provide a broader range of sustainable 
packaged products." 
 
Using Plantic  sustainable packaging as an alternative to conventional, 
petrochemical plastics gives manufactures a dramatic improvement in their 
environmental impact. Plantic  sustainable packaging uses less than 50% of the 
energy, and up to 70% less green house gas emissions, of traditional plastic. 
 
 
 
FURTHER INFORMATION: 
 
+-------------------------------+----------------------------------+ 
| Plantic Technologies:                                            | 
+------------------------------------------------------------------+ 
| Brendan Morris, Chief         | [phone]                | 
| Executive Officer             |                                  | 
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|                               |                                  | 
+-------------------------------+----------------------------------+ 
| Pelham Bell Pottinger         | [phone] / +44        | 
|                               | (0)7802 442486                   | 
+-------------------------------+----------------------------------+ 
| Archie Berens                 |                                  | 
+-------------------------------+----------------------------------+ 
| Sam Boston                    |                                  | 
+-------------------------------+----------------------------------+ 
 
 
 
About Plantic Technologies Limited 
 
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 Germany and the United Kingdom, and employs over 50 
people internationally. 
 
Plantic's novel polymer technology is based on the use of high-amylose corn 
starch, a material derived from annual harvesting of specialized non-GM (hybrid) 
corn and supplied by National Starch. 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 approximately 85%.  In addition to being 
renewably-sourced, Plantic materials are biodegradable, home compostable, water 
dispersible and compostable to American (ASTM 6400) 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 www.plantic.com.au 
 
About National Starch 
 
National Starch, a leading global supplier of specialty starches, develops, 
makes and markets nature-based, functional and nutritional ingredients. Its 
specialty biomaterials deliver sensorial, performance and processing benefits 
along with improved levels of sustainability in a wide array of consumer goods 
and industrial applications. National Starch's deep understanding of 
technologies, customers, and product design allows it to develop new synergies 
by connecting ideas and people from around the world. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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