Los Angeles, US, March 3 /PRNewswire-FirstCall/ -- Plastinum Polymer Technologies Corp. (BULLETIN BOARD: PLNU) announced today the commercialization of its first compounds made from recycled mixed post- consumer plastics: the Infinymer Sml 31.1 and the Infinymer Ssl 31.1.
For some time now, Plastinum has been developing its Blendymer technology -- currently the only environmentally-friendly mechanical process to treat mixed-plastic waste in an economically viable way. "It was thought to be impossible, processing incompatible polymers into a usable compound. We believe that the Blendymer technology proves the opposite," said Jacques Mot, CEO of Plastinum Polymer Technologies Corp.
The Sml 31.1 is formed by a polystyrenic base and the Ssl 31.1 by a polyolefinic base. Both Blendymer compounds have the advantage that their composition and structure mean they can be used in a variety of ways - not only as new electrical and electronic components, but also in products ranging from piping to furniture, from lighting to sports equipment, from luggage to gardening tools. The list is long.
Another benefit of Blendymer technology is that certain properties of the Infinymers can be adjusted to suit customers' needs.
"Plastinum envisions an ethical plastics world with 100% recycling," said Jacques Mot. "A world in which plastic components are never disposed of, but live on in new products."
About Plastinum Polymer Technologies Corp.:
Plastinum Polymer Technologies Corp., listed on The OTC Bulletin Board(R) (OTCBB) (ticker symbol "PLNU"), owns the patent rights associated with a ultra high shearing technology through which multiple immiscible thermoplastics can be blended.
Blendymer is Plastinum's proprietary polymer processing technology which uniquely enables complete fusion, through mechano-chemical processing, of previously incompatible polymers. Its technology (apart from recycling) therefore also enables the creation of novel hybrid polymers.
Plastinum's mission is to commercialize the technology through applications in the virgin plastic markets (polymer alloys) and the plastic recycling sector (i.e. recycling of plastic from obsolete computer and other electronic equipment).
Website: http://www.plastinum.com
Certain statements in this news release, including statements that we "believe", "expect", "intend" or words of similar import, are forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding our potential future plans and objectives, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in our Securities and Exchange Commission filings available at http://www.sec.gov/.