Packaging
Biopack Officially Opens Biopark
Wednesday 02. January 2008 - Biopack Environmental Solutions Inc. (OTCBB: BPEV) is pleased to announce the grand opening of its state of the art production facility known as Biopark in Jiangmen, China.
The facility, situated on 6.7 acres of land, contains a 3 storey, 7800 square foot housing unit for the production staff, a 2900 square foot office and a 30,000 square foot warehouse. This facility, boasting several environmentally friendly features such as the natural convection design of the upper canopy and a unique water recycling system, will produce Biopack’s 100% biodegradable product.
40 specially trained technicians have been newly recruited to join the Biopack team, bringing the total number of employees to over one hundred. The company anticipates that it may need to employ up to 70 additional employees as it increases production capacity over the next few months. Employee training and recruitment are ongoing.
Presently, Biopark houses two full production lines that have been installed and tested. This constitutes ten fully automated machine units as well as eight mixing pools for coloration of Biopack’s unique 100% biodegradable food grade packaging products. Other recently installed infrastructure includes the piping and pulping system, the compressor unit and boiler. Two additional production lines are scheduled to come online in the upcoming months.
The company expects that initial production capacity should exceed 320 million units per year in ninety days. Based on anticipated increases in global demand of Biopack’s 100% biodegradable products for 2008, Biopack expects to commence its phase II expansion. When completed, phase II should more than double Biopark’s output capacity.
“Our new factory in Jiangmen increases our ability to competitively serve the global green packaging market. We are very pleased that we were able to complete our first showcase facility on schedule and on budget. We believe that Biopark will be a unique green showcase of the manufacturing of biodegradable products for all of Biopack’s international clients,” commented Gerald Lau, CEO.