House & Home
House and Home
House and Home 
Wed, October 20, 2010
Tue, October 19, 2010
HONG KONG--([ BUSINESS WIRE ])--Biopack Environmental Solutions Inc. (OTCBB: BPAC), a designer, manufacturer, and supplier of 100% biodegradable and compostable packaging products, is pleased to announce it has entered into an agreement with Solupack Sistemas de Embalagens Ltda (aSolupacka) for distribution in Latin America.
"We are extremely happy to have Solupack as our new distributor for Latin America. They have very established operations there, and are making a strong commitment to expanding their market with the sale of our products."
The distribution agreement will include the Latin American countries of Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela.
With their head office in Sao Paulo, Brazil, Solupack is an established distributor of many types of packaging products and machines throughout Latin America. They will use Biopacka™s products to launch into the biodegradable and environmentally friendly packaging market.
Brazil is the worlda™s largest producer of sugarcane, and its related waste by-product called aBagassea which is the source of Biopacka™s products, but has few manufacturers of packaging products using this ingredient. Brazil uses most of this waste as an energy source by burning it.
Mauro Kernkraut, a founder of Solupack, said, aSolupack is delighted to have Biopack as our new strategic partner. Biopacka™s fully compostable packages represent an exceptional opportunity for us to distribute in Latin America their innovative products which are very much in tune with our philosophy to the conservation of our global environment with better packages. This partnership will strengthen and expand our presence in the region and contribute to our long-term growth objectives.a Biopack Latin Americaa™s new website should be launched by Solupack within the next few weeks.
Gerald Lau, CEO of Biopack says, aWe are extremely happy to have Solupack as our new distributor for Latin America. They have very established operations there, and are making a strong commitment to expanding their market with the sale of our products.a He continues, aGiven the fact Brazil is the worlda™s largest producer of sugarcane and Bagasse, it is surprising that their market for Bagasse packaging is relatively underdeveloped. We believe this shows the exceptional quality of Biopacks products around the world. Latin American countries are also a huge source of all the fresh fruits and vegetables exported all year long on a global basis. The packaging needs for these producers are immense, and we look forward to penetrating this market.a
About Biopack:
Biopack manufactures 100% biodegradable consumer packaging products from locally available sugar cane waste called Bagasse. Based in Hong Kong with manufacturing facilities in Jiangmen, China, Biopack has earned the apremium branda label in the biodegradable packaging market in Europe. Distributed under the aRoots Biopacka trademark, Biopacka™s unique line of compostable packaging is sold in 12 European countries, North America, Hong Kong, Taiwan and South Africa. For investor inquiries and information about our comprehensive line of biodegradable packaging solutions, please visit our website at [ http://www.biopackenvironmental.com ].
Safe Harbor
All statements other than statements of historical fact that are included in this press release and that mention activities, events or developments that we believe may occur in the future are forward-looking statements. The use of words such as "anticipate," "continue," "estimate," "expect," "may," "project," "should," "believe," acoulda and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this press release include whether Biopack Latin Americaa™s website will be launched within the next few weeks, that this partnership will strengthen and expand Solupacka™s presence in the region and contribute to their long-term growth objectives and are making a strong commitment to expanding their market with the sale of Biopacks products. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Risks that might cause actual results to differ from these projections include, but are not limited to, those discussed in Biopack's most recent Annual Report on Form 10-KSB and other documents filed by the Company from time to time with the U.S. Securities and Exchange Commission.