PLANET GREEN SET TO ACCEPT STRATEGIC PARTNERS TO DEVELOP ITS OXO-BIODEGRADABLE PET PLASTIC ...
(MMD Newswire) March 9, 2009 - Planet Green desires to facilitate the conversion of major brands of beverages and products bottled in plastic to its Revertable or oxo-biodegradable bottles. Planet Green is at various stages of negotiations with brand owners and bottlers in the UK, Italy, Dubai, Australia, Croatia, Georgia, South Africa, Nigeria, Russia and China all to become strategic partners and equity investors in Planet Green Bottle Corporation, the parent company. In North America, Planet Green will likely develop the USA and Canadian markets through Planet Green captive subsidiaries.
Patrick Rooney, Co-Founder and Director of Corporate Development stated, "Planet Green's solution to deal with the 76% of plastic bottles that are not recycled is to create ‘Revertable' or oxo-biodegradable plastic bottles. Our oxo-biodegradable bottles are now being tested or evaluated by brand owners globally; they REVERTETM back to nature in 10 to 20 years.
Planet Green is overwhelmed by the indications of interest received therefore we have constructed local partnerships with strategic foreign partners who will become the backbone of a network of eco-conscious entrepreneurs who have a desire to develop the concept of oxo-biodegradability or revertability therefore impacting the lifecycles of the plastic bottles in their region. We are offering our strategic partners an opportunity to invest at the seed capital level in Planet Green, our parent company. Our strategic partner tranche of equity investment has been designed to position our partners with an opportunity to participate in a venture of mutual passion. Planet Green with its scientific strategic partner, Wells Plastics (UK) has the one and only oxo-biodegradable product that is effective in causing a PET plastic bottle to oxo-biodegrade over time and go Back to Nature®. There are strategic partners in many geographic areas who have indicated their desire to join the Planet Green movement. Together we are designing programs to positively impact the effect of plastic waste on the environment. Plastic is a good product with a positive carbon footprint and not going away. We believe in recycling first and revertability as an insurance policy against plastic castaways in landfill and/or littering.
Contact:Patrick Rooney
prooney@rogers.blackberry.net
www.Planetgreenbottle.com
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