News about the bioplastics industry

Cardia Bioplastics Brazil commences retail carry bag production and wins new contracts equalling $1.5 million worth of annualised business

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Australian headquartered Cardia Bioplastics Limited (ASX: CNN) is pleased to announce that Cardia Bioplastics Brazil has commenced production of retail carry bags and secured new contracts with initial orders equalling $1.5 million worth of annualised business.

With the opening of the new production facility in São Paulo, Brazil, Cardia Bioplastics has already increased orders through new customers such as Minas Gerais supermarkets, including their high profile chain Mart Minas Supermarkets.
Cardia Brazil has secured important customer wins in advance of the annual AMIS trade show (Association of Minas Gerais Supermarkets) where Cardia will exhibit its product offering in October.
The timing for Cardia to set up production has been perfectly chosen. The market is responding very well to Cardia’s commitment, own operation, cost competitive, quality sustainable offering and service. With Cardia’s production capacity of 500 million bags per annum, the business is now in a strong position to meet increased customer demand.
Cardia Bioplastics has established itself over the last couple of years, as a reliable supplier of quality environmentally preferred retail carry bags to the Brazilian market, securing annual supply contracts with high profile Brazilian retailers.
Cardia Bioplastics Latin America Managing Director João Paulo Mignot stated, “We are thrilled with the market’s response to our new manufacturing facility. We continue to win new customers for our locally manufactured environmentally friendly Biohybrid™ and Compostable bags.”
João Paulo Mignot continues, “Our presence at the AMIS trade show will further showcase our Biohybrid™ and Compostable products and capability.”
Cardia Bioplastics Managing Director Dr. Frank Glatz stated, “We are already reaping the rewards of the establishment of Cardia’s own production facilities in Brazil. We have expanded our team to create a real presence in the Brazilian packaging market. With a quality sustainable offering our Biohybrid™ and Compostable bags are in high demand in the Brazillian market.”

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