Quantcast
Free Trial!
Today’s Best Stocks To Trade!  Click Here


 

Metabolix and Archer Daniels Midland Ink Supply Pact with Labcon

Thu. July 03, 2008; Posted: 02:45 AM
Stocks RSS
MEADVILLE, Pa., Jul 03, 2008 (ASCRIBE NEWS via COMTEX) -- ADM | Quote | Chart | News | PowerRating -- Metabolix announced that Telles, its joint venture with Archer Daniels Midland Company that produces Mirel bioplastics, has entered into an agreement to supply Mirel bioplastic resin to Labcon North America, a manufacturer of laboratory supplies, for the production of its new Pagoda pipet reloading system.

"Labcon's product launch demonstrates business equipment as one of our strategic short term applications for which Mirel will be utilized," said Bob Findlen, Vice President of Sales and Marketing, Telles. "This very complicated part demonstrates the versatility and ease with which Mirel can be used for injection molding applications. Until today, bioplastics in general have had limited capability in injection molding applications."

Labcon North America is a provider of disposable plastic laboratory products, supplying more than 800 products globally, and manufacturing over a billion units a year. The new Labcon Pagoda reloading system utilizes Mirel for the injection molded tray that holds the pipets in place. Mirel is biobased and biodegradable, which means the product tray can now be composted at the end of its useful life.

Jim Happ, President of Labcon, said: "There has been growing concern within our industry that the disposal of traditional plastics is too wasteful. We can now offer customers the opportunity to lower their carbon footprint with our Pagoda line of products and many have indicated that they will switch to our new products made from renewable resources. We envision this as the first of many products in our Pagoda line that will utilize Mirel."

"Labcon previously supplied conventional plastic trays that were thrown away or reclaimed through Labcon's recycle program. Now we are planning to launch a composting program to complement this initiative," said Happ.

"Labcon selected Mirel for its improved physical properties, heat and chemical resistance, durability, and dimensional stability," said Tom Moulton, director of marketing of Labcon. "These physical properties are essential features for Labcon applications."

((Comments on this story may be sent to health@closeupmedia.com))

((Distributed via M2 Communications Ltd - http://www.m2.com))

http://www.10meters.com

Comments on this story may be sent to health@closeupmedia.com

For full details on Archer Daniels Midland (ADM) click here. Archer Daniels Midland (ADM) has Short Term PowerRatings of 7. Details on Archer Daniels Midland (ADM) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [ADM]
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.