Paychest Inc (PYCT)

[lloydm]

This is Kuraray Future Plans stated in report.


http://www.kuraray.co.jp/en/ir/library/pdf/explanation/150806_en.pdf
Full-Scale Expansion into Bio-Based Barrier Materials
• Acquired Australia-based Plantic Technologies, a global leader in the bio-based barrier film business, in April 2015
• Plantic developed PLANTIC barrier film, made with their specialized starch
• Use of PLANTIC film is expanding at major supermarkets and brand owners in Australia, North America and Europe in applications such as fresh and processed meats, fresh seafood and fresh pasta
• Approximately ¥3 billion in sales projected for FY2015, and aiming for ¥10 billion in three years

On a side note. Where is PYCT CEO from?