Hong Yuan Holding Group (HGYN)

[OPKOHEALTH2022]

EL SEGUNDO, Calif., March 12, 2013 (GLOBE NEWSWIRE) -- Cereplast, Inc. (CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, today announced that the United States Patent and Trademark Office (USPTO) has granted the Company patent protection for biodegradable nanopolymer compositions and biodegradable articles made thereof. USPTO-issued patent 8,389,614 is a significant patent for the company and for the field of biodegradable polymers, as it is the first of its kind. This patent expands Cereplast's growing intellectual property portfolio and protects the composition formulation invented by the Cereplast R&D team.
This patent describes biodegradable compositions including polylactic acid (PLA) and other components, and incorporates nanofillers that improve the physical and thermal properties of the material. Biodegradable materials are known for their thermal and physical limitations, and the newly-patented Cereplast composition improves such properties by introducing nanofillers that are known for improving polymer functions.
Mr. Frederic Scheer Chairman and CEO of Cereplast commented, "Protecting the intellectual property of the Company is a high priority and is an important part of our long-term growth strategy, as is creating new grades of bioplastic resin that expand the properties available to meet the ever-growing needs of the marketplace. This new patent is the first for biodegradable nanopolymer compositions and further establishes Cereplast's role as a leader in the bioplastics industry. Nanopolymers have brought innovation to the traditional plastics industry, and we are proud to have extended their reach to the bioplastics industry."