May
27, 2009, Vancouver – Planet Green
Bottle Planet received approval from Health Canada for its proprietary state-of-the-art additive technology which
causes PET (polyethylene terephthalate)
plastic bottles to oxo-biodegrade on a life cycle of 10 to 20 years as opposed to the estimated 1,000 to
10,000 years.
The
oxo-biodegradation process developed by Wells Plastics and Planet Green results
in a slow release of CO2 at a rate absorbed by nature. The Health Canada approval letter was issued
to Wells Plastics of the UK, Planet
Green's joint venture partner and the developer of the PET masterbatch
additive.
the new additive means PET
plastic bottle to would become oxo-biodegradable in landfills, ditches, rivers and oceans
Health Canada approval completes the
trifecta of approvals to include prior
food contact approvals for the USA FDA and the EU food and drug regulatory agencies.
Planet Green issued a statement in a press release noting that the triple
government agency approvals allows Planet Green to market its patent pending,
oxo-biodegradable PET plastic bottle technology globally with a full repertoire
of health agency approvals generally
recognized and needed to sell the Planet Green product in most territories
globally.
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