in this issue
People & Business :: Earnings/Finance
Cereplast sells $1.4 million of biopolypropylene to Indian customer
1:01 PM MDT | October 8, 2013 | Lindsay Frost
Cereplast says it has received a $1.4-million purchase order for its biopropylene-101 from Dugar Eximark (Hyderabad, India), a company specializing in green products, building materials, agricultural products, petrochemicals, and import-export services. Cereplast will ship from its existing inventory in Europe over the next 10 months. "Entering into an agreement to liquidate our existing inventory is a critical milestone for our company,” says Frederic Scheer, chairman and CEO. “From a financial perspective, this transaction yields strong cash...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be: