Australian supplier of resins derived from sustainable resources Biograde has rebranded its business and product range to reflect a changing technology and market direction. Under the new Cardia Bioplastics name, the company says it will continue to expand internationally as a developer, manufacturer and marketer of sustainable resins for packaging and plastic products.
Established in 2002 as Biograde, the company expanded rapidly to become a global business with its head quarters and Global Applications Development Centre in Melbourne, Australia. To ensure its long term internationally competitive cost base, the manufacturing plant and Product Development Centre are in Nanjing, China. Cardia Bioplastics has offices in Europe and the Americas, and a network of leading distributors across Australia, the Americas, Europe and Asia.Frank Glatz, managing director of Cardia Bioplastics says, “Growth for our business is fuelled by the global trend towards sustainable packaging. Our key people are skilled plastics industry leaders widely recognised for their sustainable resins expertise. We hold a strong patent portfolio and a track record for creating innovative products with our proprietary technology.”
He continues, “Part of this international trend towards sustainable packaging is also the growing certainty that peak oil is coming closer. This is the point where global oil consumption overtakes new oil reserve discoveries, and crude oil prices will rise dramatically in response.
Glatz adds, “Businesses know that higher oil prices will erode their competitiveness and their profit margins, and they want packaging and plastic products solutions based on sustainable resources.”
Cardia Bioplastics announced its new branding at the AusPack 2009 exhibition in Sydney, where the company contribution to the exhibition included a display on the Australasian Bioplastics Association Bio Plastics Pavilion and participation in the specialist panel presentation at the Australian Institute of Packaging National Technical Forum.
