ABN Newswire

Breville Goes Green with Cardia (ASX:CNN) Compostable Juicer Bags for its Juicer Products

newsroom@abnnewswire.net — Wed, 20 Mar 2013 15:12:59 GMT

Cardia (ASX:CNN) is pleased to announce that Breville Group Limited, a global designer and manufacturer of small kitchen appliances will purchase and market Cardia's compostable "juicer bags" as part of its Juicer accessory offering to consumers.

The agreement is expected to generate strong sales for Cardia and the launch follows on from Cardia's ASX announcement made on the 21st of August 2012.

Breville is a leader in juicer sales and has launched the compostable "juicer bags" in packs of 30, for sale where you can buy Breville Juicers in the USA and can also be purchased online at www.brevilleusa.com.

Breville's launch in the USA has implemented the 100% compostable "the Clean & Green(TM)" juicer pulp bag, with its Juice Fountain(R) range of juice extractors to encourage environmentally-friendly waste disposal practices.

Breville's USA Category Manager for Food Prep, Michelle Smith-Aiken said: "We recognized that consumers are always looking for even faster clean-up when they're using a juicer and that most were using their produce bags in their pulp bins to help with the clean up. We saw this as an unhealthy disposal of plastic and wanted to come up with a more environmentally responsible way. The Clean & Green(TM) juicer bags are the solution for a faster clean up while providing a fully compostable - biodegradable option to dispose of the pulp.

Cardia's Chairman Mr Pat Volpe said: "Partnering with a global consumer products company such as Breville on this project and the successful launch by Breville to its customer base in the USA, is an endorsement and credit to Breville as they lead the way to environmental friendly practices. It also demonstrates Cardia's versatile Bioplastics technologies as Cardia wins the confidence of a world class designer and maker of kitchen appliances"

This is an important achievement for Cardia and adds another leading global brand to the Company's customer portfolio. This also confirms Cardia's view of a global shift with major brand owners and packaging companies wanting to transition from conventional oil based plastic packaging products to bioplastics that have and environmental benefit and a lower carbon foot print.

The global shift towards green economies is gaining significant traction as individuals, companies and Governments are looking at ways to reduce their impact on the environment and looking at new technologies that can reduce their carbon footprint.

Cardia is well-placed to capitalise on this trend supported with a patented portfolio comprising a number of renewable resin technologies,

Mr Pat Volpe
Cardia Bioplastics
TEL: +61398307676
EMAIL: patv@cardia.com.au

Custom Bioplastics (U.S.A) To Market the New "Bio-buddy(TM) Dog Waste Bag" Using Cardia's (ASX:CNN) Unique Biohybrid(TM) Technology.

newsroom@abnnewswire.net — Tue, 19 Mar 2013 11:05:40 GMT

Cardia Bioplastics Limited (ASX:CNN) and USA-based Custom Bioplastics LLC have announced the launch by Custom Bioplastics of the new "Bio-buddy(TM) dog waste bag" developed using Cardia's new and unique Biohybrid(TM) technology.

The new "Bio-buddy(TM) dog waste bag" is now being manufactured and marketed into the USA and online by Custom Bioplastics, an established USA manufacturer of blown and cast film plastic packaging located in the Pacific Northwest. The "Bio-buddy(TM) dog waste bag" is offered as a new lower carbon footprint alternative to conventional oil-based dog waste bags The number of dog waste bags used in the U.S.A runs into the hundreds of millions annually.

Governments and pet owners are looking for a sustainable and renewable alternative to the conventional dog waste bag that is now available with the "Bio-buddy(TM) dog waste bag". The photo shows the new "Bio-buddy dog waste bags" developed using Cardia unique Biohybrid(TM) technology.

The new "Bio-buddy dog waste bags" has been developed using both Cardia unique Biohybrid(TM) technology that requires less oil hence has a lower carbon footprint. Custom Bioplastics also use recycled plastics in the manufacturing process.

Custom Bioplastics Managing Director, Mr Dick Mathes, said "their new Biohybrid(TM) Bio-buddy dog waste bag is made with a combination of recycled resin and Cardia's Biohybrid(TM) technology.

Bio-buddy's Biohybrid(TM) dog waste bags allow for plant starch to be combined with recycled resin.

The plant starch lessens the total carbon footprint of the bag along with creating a bag that is soft and silky to the touch. This introduction is result of a desire of Custom Bioplastics to provide a dog waste bag that follows the newly issued FTC Green Guidelines and laws being enacted in California.

Mr Mathes emphasised: Custom Bioplastic strategy on responsible packaging. "We are excited to work with Cardia Bioplastics. Our packaging products made from their Biohybrid(TM) resins will form an integral part of our responsible plastic bag and film offering," he said.

Cardia's Chairman Mr Pat Volpe said: "The product has been developed with Custom Bioplastics to meet the growing demands for a sustainable pet waste bag with a lower carbon footprint, driven by consumer, brand owners, government and municipals."

"The Bio-buddy dog waste bag demonstrates the latest in sustainable technology and again confirms the diverse application of Cardia's Biohybrid(TM) proprietary technology. Cardia's main advantage besides the soft touch is that we deliver a product with a lower carbon footprint using renewable and sustainable resources - in line with the recent growing global trend."

"The "Bio-buddy dog waste bag" is a positive example of an application that now meets these requirements and is a great achievement by both companies." Mr Volpe also said.

For Custom Bioplastics, this is an endorsement of the company's commitment to providing its customers with the option to purchase innovative plastic film products with lower carbon footprint.

The global shift towards green economies is gaining significant traction as individuals, companies and Governments are looking at ways to reduce their impact on the environment and looking at new technologies that can reduce their carbon footprint.

Cardia is well-placed to capitalise on this trend supported with a patented portfolio comprising a number of renewable resin technologies.

Dick Mathes
Custom Bioplastics
360-757-8880
dick@custombioplastics.com

Mr Pat Volpe
Cardia Bioplastics
+61398307676
patv@cardia.com.au

Asian Activities Report for January 13, 2012: TOTO (TYO:5332) to Build its Manufacturing Base in India

newsroom@abnnewswire.net — Fri, 13 Jan 2012 12:00:18 GMT

TOTO (TYO:5332), Japan's leading manufacturer of sanitary ware and bath fittings, says that construction of its Indian factory in Gujarat will commence in March 2012, with production expected to commence in July 2014. By setting up a new manufacturing base in India, TOTO expects to bring down prices and serve some of the markets in the region. The Indian factory is part of TOTO's global business expansion plan, covering important markets such as Americas and China.

Chinese theme parks developer and operator Shenzhen Overseas Chinese Town Holding (SHE:000069) has extended the expiration date of the Memorandum of Understanding signed in September 2011 with Universal Studios Japan, the operator of the Universal Studios theme park in Japan. The two companies are in talks to set up a joint venture in Shanghai to improve the operating performance of Shenzhen Overseas Chinese Town's theme park in Huaqiaocheng, Shanghai.

Guangdong Orient Zirconic (SHE:002167) says that the Company achieved significant revenue growth in the first three quarters of 2011, due to rising Zircon prices worldwide. The Company is anticipating another year of success in 2012, with zircon prices expected to continue to grow, and its joint venture project in Australia with Australian Zircon (ASX:AZC) ready to enter into the mining stage. The project has an annual production capacity of 35,000 tonnes of zircon concentrate.

Ube Industries, Ltd. (TYO:4208) has established a subsidiary in Taiwan in December 2011 to engage in the marketing and sales development in the Taiwanese market. The new subsidiary will commence operation in February 2012. Ube is endeavoring to strengthen its global business development by targeting growing markets. As part of this effort, the Group established local sales subsidiaries in Brazil and South Korea in July 2010 and March 2011 respectively, and established a subsidiary in India for the machinery business in December 2011.

Qiubei Fu
Asia Business News Asia Bureau
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for December 21, 2011: Shandong Zhongrun (SHE:000506) to Invest in Canadian Zinc Corporation (TSE:CZN)

newsroom@abnnewswire.net — Wed, 21 Dec 2011 12:41:47 GMT

Shandong Zhongrun Investment Holding Group Co. Ltd (SHE:000506) says today that its wholly-owned subsidiary Zhongrun International Mining Co. Ltd has signed a private placement agreement with Canadian Zinc Corporation (TSE:CZN), whereby Zhongrun International Mining will acquire 22.50 million shares and options in Canadian Zinc Corporation for a total consideration of C$16.80 million. The placement agreement will allow Shandong Zhongrun to participate in Canadian Zinc Corporation's Prairie Creek project, a partially developed mine with an existing 1,000 tonne per day mill and related infrastructure.

Toray Industries, Inc. (TYO:3402) has developed four new home water purifier products specifically for the Chinese market. The products can eliminate 99.99% residual chlorine, turbidity, rust, general bacteria and other micro-contamination to significantly improve water quality. Product sales will kick off in Beijing, Shanghai and Guangzhou in late December 2011.

Hitachi Chemical Co., Ltd. (TYO:4217) has decided to form a new company, named Hitachi Chemical Electronic Materials (Taiwan) Co., Ltd. in Taiwan, with an investment of 2 billion yen. Production is planned to commence in April 2013, with an aim to boost the Company's current capacity for producing chemical mechanical planarization by 50% by financial year 2015.

NTT Data (TYO:9613) has signed an agreement with Korean IT giant LG CNS regarding data centre cooperation. According to the agreement, both parties will work together to create new IT solutions and develop data centres in Japan and Korea. They will also organise promotion activities together to explore new data centre market.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for December 15, 2011: DeNA (TYO:2432) and Alibaba Cloud Computing to Form Strategic Alliance in China

newsroom@abnnewswire.net — Thu, 15 Dec 2011 11:00:46 GMT

DeNA Co., Ltd. (TYO:2432) has agreed to form a strategic alliance with Alibaba Cloud Computing ("AliCloud"), a subsidiary of China's Alibaba Group to provide DeNA's Mobage social gaming platform to consumers and developers in China. The two parties will work together to bring Mobage to Chinese consumers on Aliyun OS-based smartphones in early 2012. In addition, DeNA will make the company's proprietary ngCore game engine available and easily accessible to Chinese game developers through AliCloud's cloud services.

Marubeni Corporation (TYO:8002) has agreed to acquire a 40% equity interest in APT Allgas Energy Pty Ltd ("Allgas"), a wholly owned subsidiary of APA Group (ASX:APA) in Australia. APA is a major energy company involved in the ownership, operation and management of gas pipelines and gas distribution networks throughout Australia. Through its interest in Allgas, Marubeni will become the first Japanese corporation to participate in the gas distribution network business in Australia.

Japan Airlines and WestJet Airlines (TSE:WJA), a low-cost airline in Canada have signed a codeshare agreement which will place the "JL" flight indicator on WestJet-operated flights between Vancouver and six Canadian cities - Calgary, Edmonton, Kelowna, Montreal, Toronto and Winnipeg, from December 15, 2011. The agreement will expand the total number of Canadian cities in Japan Airlines' network from three to seven.

Sumitomo Chemical Co., Ltd. (TYO:4005) and Nabaltec AG (ETR:NTG) of Germany have been in discussions about collaborating on their Alumina and Aluminum Trihydroxide businesses. The companies have agreed to start collaborating first in the commercial area. Beginning December 1, 2011, Nabaltec will be supplying Sumitomo Chemical an exclusive grade of fine precipitated Aluminum Trihydroxide for sale in East Asia.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for December 7, 2011: Great Wall Motors (HKG:2333) Receives EU Whole Vehicle Type Approval for Voleex C30 and Voleex C20R

newsroom@abnnewswire.net — Wed, 7 Dec 2011 11:27:21 GMT

Great Wall Motors (HKG:2333) has received EU Whole Vehicle Type Approval for its Voleex C30 and Voleex C20R. Voleex C30, Great Wall's first three-box car, is one of the Top 10 Compact Family Cars in terms of sales volume in China in 2011, and has already been sold to more than 50 countries and regions. Voleex C20R, a cross vehicle type featuring sports characteristics and multiple functions, provides superior comfort and driving excitement.

Chevalier International Holdings Limited (HKG:0025) has entered into a letter of intent in relation to possible acquisitions of certain hot spring hotels in Japan. Chevalier International is principally engaged in construction and engineering, insurance and investment, property development and investment, food and beverages, and computer and information communication technology. The acquisition, if completed, will help Chevalier diversify its income stream and gain from the development of the Japanese tourism industry.

Daiichi Sankyo Co., Ltd (TYO:4568) advises that its subsidiary Ranbaxy Laboratories Ltd. (BOM:500359), India's largest pharmaceutical company, has received final approval from the U.S. Food and Drug Administration to manufacture and market Atorvastatin, a cholesterol-reducing medicine, in the US market. Atorvastatin will provide a safe, effective, affordable and accessible alternative to Pfizer's (NYSE:PFE) cholesterol-lowering medication Lipitor, which generated total annual sales of US$7.89 billion in the US through September 2011.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for September 13, 2011: Ark Mines Limited (ASX:AHK) to Acquire Advanced Indonesian Copper/Gold Project

newsroom@abnnewswire.net — Tue, 13 Sept 2011 12:00:07 GMT

Ark Mines Limited (ASX:AHK) has signed an agreement to acquire ownership and control of the Masuparia Contract of Work tenement in Indonesia. The tenement is highly prospective and located in a region well known for copper-gold projects. It is believed that this acquisition will give the Company capability to produce gold within twelve months, and the opportunity to define significant resources on the tenement.

PepinNini Minerals Limited (ASX:PNN) today updated on the extensive drilling program at its Robinson Range Iron Ore Project in Western Australia. The drilling program is designed to investigate potential supergene iron ore resources at eleven prospect areas. 53 boreholes have now been completed within six prospect areas, returning encouraging hematite, hematite-goethite iron enrichment with grades over 55% Fe. Drilling is continuing across all prospect areas and further results are expecting.

Forge Resources Limited (ASX:FRG) has signed an option agreement to acquire a 100% interest in the West Eucla Mineral Sand Project. Located in the Eucla Basin, which hosts world class heavy mineral deposits, the Project consists of three contiguous granted exploration licences proven to host significant heavy mineral sand occurrences. The agreement signals a strategic direction of Forge to develop resources within the titanium feedstock industry.

Cabral Resources Limited (ASX:CBS) has applied for four new iron ore tenements in Brazil. These new tenement areas lie within a region of known hematite and magnetite mineralisation, in close proximity to a railway line and Cabral's existing tenement portfolio. Cabral currently has over 330 km2 of tenement areas in its portfolio in Brazil, prospective for iron ore.

Tata Chemicals Limited (BOM:500770) said today that Gabon Fertiliser Company and Technip (EPA:TEC), a world leader in project management, engineering and construction for the energy industry, have signed a Pre Construction Services Agreement for the proposed 1.3 million tonne per annum urea fertiliser plant to be built in the Republic of Gabon. Gabon Fertiliser Company is a joint venture company between Tata Chemicals and Olam International Limited (SIN:O32).

Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for August 25, 2011: Roc Oil (ASX:ROC) Reports Half Yearly Results

newsroom@abnnewswire.net — Thu, 25 Aug 2011 12:03:23 GMT

Roc Oil Company Limited (ASX:ROC) today releases its Half Year Financial Report for the period ended 30 June 2011. ROC remains on target to meet its 2011 production guidance of between 7,000-8,000 BOEPD, with an average daily production rate of 7,567 BOEPD in the first half year of 2011. The Company reports a net loss of US$6.6 million for the period from sales revenue of US$131.2 million, and its net cash over the period increased by to US$40.6 million.

IMX Resources Limited (ASX:IXR) has received the analytical results for the Snaefell iron ore prospect in South Australia. The prospect is interpreted to have a strike length of more than 3km and a vertical depth extent of at least 250m. The Company is preparing a maiden mineral resource estimate, targeting an initial exploration target tonnage of 70-100 million tonnes grading 28-35% Fe.

Radar Iron Limited (ASX:RAD) has received further highly encouraging drill results from the Die Hardy Range iron ore project in Western Australia. Drilling results confirmed that the project's exploration potential remains 700-1,200 million tonnes at 29-33% Fe. Resource drilling continues on schedule and is expected to conclude in early September. Once all drilling results are received, a JORC compliant resource estimation will be undertaken.

Automotive Technology Group Limited (ASX:ATJ) ("ATG") announced an agreement with Bullet Performance Products Pty Ltd ("Bullet Cars"), a Queensland-based manufacturer of supercharger systems, for the exclusive aftermarket distribution of ATG products, including Sprintex superchargers and supercharger systems in Australia and New Zealand. This agreement is expected to accelerate sales and further enhance the overall service and delivery to the existing dealer networks of both ATG and Bullet Cars.

Tata Chemicals Limited's (BOM:500770) subsidiary Gusiute Holdings (UK) Limited has entered into a subscription agreement to acquire shares in EPM Mining Ventures Inc. (CVE:EPK), a Canadian potash development company. Once the subscription is completed, EPM will raise C$16,000,000 to fund its ongoing work activities, while Gusiute will own 30.6% of the outstanding shares in EPM.

Asia Business News
Sydney Tel: +61-2-9247-4344
Tokyo Tel: +81-3-6868-3802
http://www.abnnewswire.net

Australian Market Report of June 30, 2010

newsroom@abnnewswire.net — Wed, 30 June 2010 09:30:16 GMT

The Australian shares Tuesday posted losses for the sixth consecutive day as Asian markets were widely lower. Chinese market dropped more than 4 per cent due to a massive sell-off after the Agricultural Bank of China offered a lower-than-expected price in its Shanghai tranche IPO. Investors feared that this could be a signal of slow-down in fresh investment into Chinese equities.

At the close, the benchmark S&P/ASX 200 Index was down 38.8 points, or 0.9 per cent, to 4345.7, while the broader All Ordinaries index fell 39.1 points, or 0.9 per cent, to 4370.6.

In economics news Wednesday, Housing Industry Association will release its report on new home sales. The Reserve bank of Australia will publish data on private sector credit.

Company News

Campbell Brothers (ASX:CPB) expects underlying net profit after tax for the half year ending 30th September 2010 will be within the range of A$63 million to A$68 million as it sees continued strong demand for its mineral, environmental and coal analytical services.The guidance compares very favourably to the actual net profit after tax of A$38 million for the half year to September 2009 and is also ahead of the record result of A$57 million achieved in the half year to September 2008 prior to the global financial crisis, the company says. This reflects current strong trading condition for the majority of the company's operation and a solid contribution from Ecowise and PearlStreet, acquired in the second half of last year.

Boom Logistics Limited (ASX:BOL) concluded that Archer Capital's offer to acquire Boom at an indicative price of A$0.52 per share undervalues the company, after the board of Boom assessed the Archer proposal. Boom received a highly conditional, confidential and incomplete proposal from Archer to buy the company through a scheme of arrangement. Boom said the Archer proposal has been timed to coincide with the end of a post global financial crisis downturn in the industrial services sector, while Boom has experienced improving business conditions during the last quarter and with strong industry growth outlook it expects the improvement will continue into FY11 and beyond.

Engineering group Downer EDI Ltd (ASX:DOW) said it has ample liquidity with in excess of A$600 million in available facilities and cash balances in response to media reports the company has ordered payments to be withheld to meet cashflow targets for its end-of-year financial accounts. Downer also said its Works Australia division expected to pay all creditors as per agreed creditor terms while meeting its internal cash targets.

Michelle Liang
Asia Business News Asia Bureau
Tel: +61-2-9247-4344
Email: michelle.liang@abnnewswire.net

Campbell Brothers (ASX:CPB) Expects Record Half Year Underlying NPAT

newsroom@abnnewswire.net — Tue, 29 June 2010 16:13:31 GMT

Campbell Brothers (ASX:CPB) expects underlying net profit after tax for the half year ending 30th September 2010 will be within the range of A$63 million to A$68 million as it sees continued strong demand for its mineral, environmental and coal analytical services.

The guidance compares very favourably to the actual net profit after tax of A$38 million for the half year to September 2009 and is also ahead of the record result of A$57 million achieved in the half year to September 2008 prior to the global financial crisis, the company says. This reflects current strong trading condition for the majority of the company's operation amd a solid contribution from Ecowise and PearlStreet, acquired in the second half of last year.

The environmental division's Asian operations has been particularly strong, the company said. Its Australian Coal operations continue to benefit from increased demand, and activity levels in Africa are also showing signs of improvement following a significant slowdown in the latter half of the previous year. The newly formed Industrial Division (ex-PearlStreet) is performing in line with expectations and the Chemical Division is performing slightly ahead of the previous year.

The company remains cautiously optimistic about the March 2011 second half, but is mindful that the northern hemisphere winter will see a significant slowdown in environmental sampling in that region and expects a traditional off season in mineral exploration activity from January to March 2011.

Michelle Liang
Asia Business News Asia Bureau
Tel: +61-2-9247-4344
Email: michelle.liang@abnnewswire.net