CEREPLAST : Appoints Kelvin Okamoto as Senior Vice President of Research and Development
12/01/2010| 08:15am US/Eastern
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Cereplast, Inc. (NASDAQ:CERP), a leading manufacturer of proprietary
bio-based, compostable and sustainable plastics, announced today that
Dr. Kelvin Okamoto has been appointed Senior Vice President of Research
and Development. Dr. Okamoto will be responsible for overseeing the
development and implementation of Cereplast's global research and
development strategy. He will concentrate on new technological
platforms, and will lead the patent strategy of the Company.
Dr. Okamoto brings over twenty years of research and development
experience in the plastics and packaging industries to the Company. A
recognized expert in plastics material engineering, his extensive
background includes the development and implementation of strategy
surrounding corporate sustainable products. Prior to joining Cereplast,
Dr. Okamoto served as the Manager of Materials Engineering at Solo Cup
Operating Corp. He has also held management positions at Himont (now
LyondellBasell), Packaging Corporation of America (now Pactiv) and
Trexel, Inc.
?We are thrilled to have attracted an industry leading talent like
Kelvin to Cereplast,? said Frederic Scheer, Chairman and CEO of
Cereplast. ?This appointment reflects our continued growth, our
commitment to intellectual capital and will also enable us to leverage
new opportunities in the bioplastics market.?
Dr. Okamoto holds a PhD in Chemistry from Cornell University and a
Bachelor of Science in Chemistry from Stanford University. A published
author of a book on microcellular processing, he is also a member
of the American Chemical Society and Society of Plastics Engineers;
additionally, Dr. Okamoto is a registered patent agent.
About Cereplast, Inc.
Cereplast, Inc. (NASDAQ: CERP) designs and manufactures proprietary
bio-based, sustainable plastics which are used as substitutes for
petroleum-based plastics in all major converting processes - such as
injection molding, thermoforming, blow molding and extrusions - at a
pricing structure that is competitive with petroleum-based plastics. On
the cutting-edge of bio-based plastic material development, Cereplast
now offers resins to meet a variety of customer demands. Cereplast
Compostables® Resins are ideally suited for single use applications
where high bio-based content and compostability are advantageous,
especially in the food service industry. Cereplast Sustainables? Resins
combine high bio-based content with the durability and endurance of
traditional plastic, making them ideal for applications in industries
such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com.
You may also visit our social networking pages at
Facebook.com/Cereplast, Twitter.com/Cereplast and
Youtube.com/Cereplastinc.
Cereplast, Inc.
Nicole Cardi
310-615-1900 x154
ncardi@cereplast.com
or
MKR
Group, Inc.
Investor Relations
Charles Messman or Todd Kehrli
323-468-2300
cerp@mkr-group.com
or
Trontz
Public Relations
Bari Trontz
212-293-9051
bari@trontzpr.com
© Business Wire 2010
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