Dallas, Texas 02/25/2014 (FINANCIALSTRENDS) – Cereplast Inc (OTCMKTS:CERPQ) is known to carry the responsibility of providing plastic alternatives for the global consumer. The company with a successful range of bio-resins which when used in conventional plastics render ubiquitous products such as the plastic carry bag into biodegradable standards.
CereplastInc(OTCMKTS:CERPQ) has been one of the niche players in this highly sophisticated market for biodegrades products. For CERPD, the main point of work is the CereplastCompostablesResins. The products here are known to bring in factors which offer more ecological character. This includes the renewable as well as the compostable factors. Here the resins are known to offer solutions which improve the quality of the end product with the Cereplast Sustainable resins. The company will also offer such products which are known to bring higher value. These include the Hybrid Resins, Cereplast Algae Plastic resins. The company has mainly been responsible for the implementation of high quality bio-degradable plastic carrier bags across Europe.
Interestingly, CereplastInc(OTCMKTS:CERPQ) has been the primary driver of proprietary technologies which offer a variety of ecology supporting factors. Germany, France and several other countries in the recent times are watching the slow move towards the more biodegradeable product.
CereplastInc(OTCMKTS:CERPQ) currently holds a market cap of $71.64 million. The company trades between $0.07 on the infra trading prices. The company holds a 52 week high of $2.50 and low of $0.00. the volume trades for this stock is 6,244, while the average it 490,539. The EPS is -23.00.
CereplastInc(OTCMKTS:CERPQ) current CEO is also the founder Frederic Scheer and is ably assisted by Okada who is the Chief Financial Officer, as well as a Senior Vice President.
CereplastInc(OTCMKTS:CERPQ)does not have much of peer pressure, considering the small number of players in the niche bio-degradable resins vertical. The solution for petroleum-based plastic is now part of the CereplastInc portfolio.