October 30, 2015— (Vancouver, BC) Solegear Bioplastic Technologies Inc. (TSX-V:SGB) and r-pac International, a leading global supplier of retail packaging, have collaborated with a major US-based consumer electronics retailer to produce smartphone case packaging in support of the most recent phone release from a market share leader. This commitment represents a forecast of 750,000 units with delivery commencing in the next quarter.
“Solegear’s product development team has worked diligently with r-pac to develop and refine our TF4000 bioplastic to ensure it would meet retailers’ quality expectations to withstand the impact of demanding transportation and in-store environments,” said Paul Antoniadis, CEO of Solegear. “This smartphone case packaging order commitment is a great illustration of how our team works alongside our partners to develop breakthrough bioplastics that meet the real-world needs of top Fortune 500 brands.”
Solegear’s Traverse TF4000 is a USDA BioPreferred® packaging material with independently verified plant-based content and enhanced thermal properties. Designed as a drop-in replacement for petroleum-based plastic packaging, TF4000 can be readily processed in standard thermoforming equipment and contains no BPAs, phthalates or other hazardous chemicals.
“Our customers rely on us to bring them packaging innovations that deliver on their sustainability objectives without sacrificing performance or aesthetics,” stated Michael Teitelbaum, CEO of r-pac. “Our partnership with Solegear has allowed us to work collaboratively with their development team to ensure this plant-based packaging not only met those requirements, but could be manufactured and shipped just like traditional materials.”
About Solegear Bioplastic Technologies Inc.
Solegear Bioplastic Technologies Inc. (TSX-V:SGB) is an innovator in the field of next generation bioplastics made from annually renewable plant-based sources. Committed to the principles of Green Chemistry, Solegear is driven by its mission to create healthier, safer and stronger communities by fundamentally changing the way plastics are made.
Solegear’s proprietary bioplastic formulations, Polysole® and Traverse®, are designed to meet today’s social and corporate requirements to lower carbon emissions, reduce waste and remove toxicity typically associated with traditional petroleum-based plastics. Together with its partners, Solegear custom engineers, produces and distributes its high-performance bioplastics as resin, sheets and finished goods with some of the highest percentages of renewable, plant-based materials currently available in the industry.
About r-pac International Corp.
Established in 1987, r-pac International Corporation is a leading global supplier of branded packaging and trims for retailers and designers. r-pac International is located in 24 countries and their production facilities are audited for social and ethical compliance. r-pac International’s corporate headquarters is located in New York, and regional international headquarter offices in Hong Kong, Singapore and Luxembourg. The company’s product line includes corrugated boxes, jewelry boxes, POP displays, shopping bags, polybags, blister/clamshell packaging, woven & printed labels, heat transfers, tapes, hangtags, backer cards, patches and stickers.