Cardia Bioplastics and Wesco China announce exclusive distributorship for Cardia’s "next generation" plastics in China

Cardia Bioplastics Limited (Cardia) has announced the appointment of China's leading plastics distribution company Wesco China (Wesco) as exclusive distributor for China.

Wesco is a joint venture with Sasol Limited, the leading South African petrochemical company. Wesco will distribute Cardia’s portfolio of Biohybrid™ resins derived from sustainable resources throughout China.

The exclusive distribution agreement enables Wesco to offer customers the comprehensive range of Cardia Bioplastics sustainable resins to the Chinese packaging and plastic products industries. Cardia Bioplastics is a global provider of bioplastics through its purpose built manufacturing operations in Nanjing, China. Cardia’s novel resins also provide a better carbon footprint and environmental performance. These are issues of key concerns today in China.

Wesco China Managing Director Miguel Chang said one of the most important demand drivers in China for this next generation of plastics would be the expected continuation of high crude oil and natural gas prices, which even at current levels, allow Cardia Bioplastics to become cost-competitive with traditional petroleum-based resins.

Mr Chang said the Cardia Bioplastics range would provide renewable resource based polymer choices for his broad range of customers. “Cardia Bioplastics is a natural selection for Wesco because their products offer the market technical excellence, a global track record and choice across a range of applications,” he said.

Cardia Bioplastics Managing Director Dr Frank Glatz said the Wesco China agreement further extended the company's global distributor roll out. “We are delighted to have this partnership with Wesco China, a highly reputed and leading packaging and plastics products distributor in the very large Chinese market, " he said.

Dr Glatz said the oil price peak is a strong driver in the move away from fossil based resins in China. “As global demand for finite oil resources grows, brand owners and retailers want new cost effective packaging options that also meet the environmental demands of regulators and consumers,” he said.

“Packaging and plastics businesses know that eventually higher petroleum prices will erode their competitiveness and their profit margins. They want packaging and bioplastics products solutions based on sustainable resources,” said Dr Glatz.