3 September 2008

Plantic Technologies to construct German manufacturing facility

Grant from the German Government to contribute up to 45 percent in developing the plant

Plantic Technologies Ltd. said it will build a manufacturing plant in Jena, in the state of Thuringia, Germany. The manufacturer of unique biodegradable polymers made from starch for packaging and other applications, said it will receive a grant from the German Government, which is expected to contribute up to 45 percent towards capital investment in developing the plant.

Plantic Technologies CEO Brendan Morris, said ‘Establishing Plantic’s European manufacturing operation is another step towards enabling our European customers to receive products with an even smaller carbon footprint.’

Source: hemscott.com, 2008-09-03.

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