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PLNT Plantic Tech.

7.75
0.00 (0.00%)
Last Updated: 01:00:00
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

BPI Approval of Sheet Product

28/02/2008 7:08am

RNS Non-Regulatory



Plantic Technologies Limited
28 February 2008



28 FEBRUARY 2008



                    Plantic Technologies Limited ("Plantic")


Plantic(R) Sheet Approved as Compostable by the Biodegradable Products Institute
                             and US Patent Granted


New York, USA and Melbourne, Australia - 28 February 2008 - The Biodegradable
Products Institute (BPI) has approved Plantic(R) thermoforming sheet as 
"compostable" and the US patent application for Plantic's thermoforming
formulation has been granted (7,326,743). Additionally, the Food & Drug
Administration (FDA) food contact status has been confirmed.

The BPI in New York has approved Plantic's thermoforming material, paving the
way for a successful US launch of Plantic(R) sheet material that can be used for
a wide range of thermoforming applications. This accreditation will allow
Plantic to display the "Compostable" logo, designed to certify and identify
plastic products that will disintegrate and biodegrade completely and safely
when composted in a municipal or commercial facility. The accreditation also
assures customers and consumers in the US that Plantic(R) products as thick as
1mm comply with the ASTM standard D6400. The ASTM standard D6400 imposes strict
requirements in terms of biodegradability, compostability, heavy metals levels,
and ecotoxicity, as measured by approved independent laboratories.  Plantic has
also been awarded equivalent certification in Europe by Din-Certco and
AIB-Vincotte.

Furthermore, Plantic(R) products can now be safely used for a range of food
applications in the USA. Legal firm, Keller & Heckman, in Washington D.C. have
confirmed that Plantic(R) sheet for thermoforming complies with FDA requirements
for use in contact with foods such as chocolates and cookies. Keller & Heckman
are respected nationwide in the USA as experts on regulatory law in the food,
food additives and plastics industries.

The patent disclosing the Plantic(R) thermoforming technology has been granted
in the US. Brendan Morris, Chief Executive Officer, Plantic Technologies, said,
"This gives Plantic's customers in the US the competitive advantage of a unique
innovative product for years to come. It provides assurance to Plantic's
alliance partner in the US, DuPont, that the intellectual property is
patent-protected."

DuPont will market and distribute Plantic's starch-based resins and sheet
products under the DuPontTM Biomax(R) family of products. The Plantic US patent
discloses the invention of a biodegradable polymer based on hydroxypropylated
high-amylose starch and packaging products that may be manufactured from it,
including thermoformed rigid packaging products and film.


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
approximately 45 people internationally. 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



Contacts


Plantic Technologies Limited
Fleur Wilkins
Marketing & Communications
51 Burns Road
Altona, VIC, 3018
Australia
P +61 3 9353 7920
M +61 (0) 439 616 920
F +61 3 9353 7901
E fleurw@plantic.com.au


Pelham PR, Media Enquiries, UK (Plantic)
Archie Berens            P +44 (0) 207 743 6679
Candice Sgroi            P +44 (0) 207 743 6376


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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