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Biopack Signs Bargain to Acquire "Bio-Coating" Machines to Significantly Increase Movie
HONG KONG, Feb 01, 2010 -- Biopack Environmental Solutions Inc. (OTC Message Board: BPAC), a designer, manufacturer, and supplier of 100% biodegradable packaging products, is satisfied to announce that it has entered into a purchase order ("PO") agreement to buy up to 10 to order designed, fully automated "Bio-Coating" machines. Clever of coating up to 47 million pieces a year per engine, each one could increase production capacity by over 15 times the coeval coated tray production rate, allowing Biopack to brook significantly larger orders.
On October 22nd, 2009, Biopack first introduced its 100% biodegradable coated trays. These coated trays have increased the suitability of Biopack's products for great market segments in areas of the packaging industry, such as na and frozen meats, ready-made meals and baked goods. With marked interest being expressed to the company following the introduction of this innovative output, Biopack announced its first order on November 23rd, 2009, and since then has looked for ways to benefit production capacity, efficiency and consistency of application. To assist this, Biopack has worked closely with a leading machine construction company in the design and development of the Bio-Coating machine. These machines are designed to automate the express coating application process, consolidating several steps and will greatly snowball production efficiency. Each machine may be quickly and individually adjusted to outfit the weight of coating required for the various types and sizes of products. The introduction of these machines will not only let someone have Biopack to dramatically increase the volume of trays which can be coated, but will put up with for a more consistent coating application.
Source: Trading Markets (press release)