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Natureworks Packaging Selects Cardia Bioplastics as Partner to Develop Bag and Waste Management Products for the Australian and International Markets

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Cardia Bioplastics
PMB 122, 124 Fir Avenue
Blaine, WA, 98230
USA



Press release date: May 6, 2014

Australia's Natureworks Packaging design, market and distribute proprietary bag and waste management products manufactured by Cardia Bioplastics using Cardia Compostable and Biohybrid™ resin technology.

$200,000 of Cardia Bioplastics bag and waste management products ordered by Natureworks Packaging during the last 12 months and sold through their extensive sales force. Natureworks extend Cardia Bioplastics market reach and add a strong distribution channel.

Cardia Bioplastics and Natureworks Packaging are exhibiting at the Waste 2014 conference in Coffs Harbour, Australia, 6 - 8 May to present their offering to the Australian Council and waste management industry.

Cardia Bioplastics and Natureworks Packaging will target international markets for sustainable packaging and products with initial customer orders already received.

Natureworks Packaging products made from Cardia Compostable resin technology

Cardia Bioplastics Limited (ASX: CNN) is pleased to announce that it has partnered with Natureworks Packaging to increase sales of compostable and Biohybrid™ bag and waste management products in the Australian and international markets.

Natureworks Packaging is an Australian supplier of biodegradable packaging and products to Australia and Asia. Together with its international partners, Natureworks Packaging produce and supply biodegradable and compostable shopping bags, trash bags, cups, lids, labelling, containers, packaging wrap and other items.

Cardia Bioplastics and Natureworks Packaging have an established relationship with Natureworks having placed orders for $200,000 of Cardia Bioplastics bag and waste management products during the last 12 months, which were sold through their extensive sales force. The two companies are further cementing their relationship to further develop the Australian and international sustainable packaging, waste management and retail markets with a range of compostable and Biohybrid™ products.

Natureworks Packaging Managing Director, Peter Errichetti said, "The technical performance and environmental integrity of our products is paramount and at the core of our business – Cardia Bioplastics technology exceeds the high standards we've set. We are therefore delighted to have secured a strategic supply relationship with Cardia for our Australian and international customers. We look forward to a long-term relationship with Cardia."

Dr Frank Glatz, Cardia Bioplastics Managing Director said, "The Australian market presents an excellent growth opportunity for Cardia Bioplastics and we are very excited about developing a new distribution channel through our relationship with an innovative company such as Natureworks Packaging. Both our fully certified Cardia Compostable bags and waste management products as well as our proprietary Biohybrid™ technology are ideal for the Australian and international market and we look forward to working with Natureworks Packaging to capture market share. We are continuing to see increased demand globally for our resins, films and finished products."

Cardia Bioplastics and Natureworks Packaging are exhibiting at Waste 2014 conference in Coffs Harbour, Australia, 6 - 8 May to present their offering to the Australian Council and waste management industry.

About Natureworks Packaging

Natureworks Packaging Australia (NPA) is a supplier of biodegradable packaging and products to Australia and Asia. Natureworks Packaging together with its international partners produce and supply biodegradable and compostable shopping bags, trash bags, cups, lids, labelling, containers, packaging wrap and other items. Our range of environmentally sound products totals nearly 300 and growing, which means there are few areas of packaging that we cannot assist in providing an alternative to petroleum based items. www.natureworkspackaging.com

About Cardia Bioplastics

Cardia Bioplastics Limited (ASX CODE: CNN) develops, manufactures and markets its patented renewable resource-based materials and finished products derived from Cardia's proprietary technology for the global packaging and plastic products industries. The company holds a strong patent portfolio and its growth is fuelled by the global trend towards sustainable packaging. Established in Australia in 2002 as Biograde, the company Headquarters and Global Applications Development Centre is in Melbourne, Australia. Cardia Bioplastics' Product Development Centre and manufacturing plant for resins and finished goods are in Nanjing, China; with further offices in Australia, China, USA, Brazil and Malaysia, and a network of leading distributors across the Americas, Asia and Europe. www.cardiabioplastics.com

Dr Frank Glatz
Managing Director
Cardia Bioplastics
+61 400 930 530
f.glatz@cardiabioplastics.com
 
Nadya Krienke-Becker
Global Head of Marketing
Cardia Bioplastics
+61 414 672 863
n.krienke-becker@cardiabioplastics.com

Peter Errichetti
Managing Director
Natureworks Packaging
+61 411 025 177
peter@natureworkspackaging.com



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