EL SEGUNDO, CA – Cereplast Inc., a manufacturer of proprietary bio-based sustainable plastics, has entered into an exclusive distribution agreement with Thailand-based Alphani International Co. Ltd. to supply bioplastic resins to Thailand.
The distribution agreement allows Alphani International to supply customers with new bio-based materials to fulfill the growing demand for more environmentally friendly solutions. This agreement follows a series of distribution agreements overseas, including Europe, South America, Malaysia and Southern China, and is another indication of the rapid growth in the market for Cereplast’s bio-based resins, as well as the company’s ability to supply a major channel of distribution.
Alphani International, a member of the Thai Bioplastics Industry Association, is a worldwide chemical supplier in the region with a progressive track record. The company has established a reputation as a reliable business partner with efficient services for industries including plastics, printing ink, paint, rubber, adhesive, ceramic and paper. According to market research, Thailand remains highly competitive in this sector and has an opportunity to play a significant part in an industry that is growing by 20 to 35 percent globally per year.