In Italy and Indiana, Cereplast is realigning itself and lowering its expenses. Cereplast is moving its European headquarters to its office in Milan, Italy and is closing the office in Bönen, Germany in order to strategically focus the Company’s efforts on the most immediate and dynamic markets for bioplastics in Europe.
Tags: restructuring, relocating, sanctions, operating expenses
Source
BiofuelsDigest, 2013-05-09.
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