Trellis Earth Products, a leading maker of bioplastic bags and food service disposables headquartered in Portland, OR, will pay $2.6 million for substantially all of Cereplast’s assets including production equipment, patents, inventory, and trademarks, plus pay certain contract cure costs, as part of Cereplast’s Chapter 7 liquidation proceedings. Cereplast’s petition for Chapter 7 bankruptcy was approved at the end of March by an Indiana bankruptcy court. Now, United States Bankruptcy Judge Basil H. Tagging Options Domain: All Sites Keywords: materials and Additives thermoforming injection molding read more
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Cereplast assets acquired by Trellis Earth Products