A strategic agreement signed between Solegear bioplastics and US based TEQ is based upon the promotion of growth and expansion of Solegear’s bioplastics into recognized growth factors of rigid plastic packaging industry. Both of these companies will enjoy benefits of important competitive advantages by utilization of each other’s market, capital, technology, resources and manpower. This is all that can create awesome business opportunities for both the companies. Toby Reid, the CEO of Solegear states that partnership with TEQ offers beneficial growth in market and sales deals offering high volume production to Solegear. The company has made good strategy for production and marketing of environmentally friendly bioplastic packaging.
Read more about this deal here - http://www.bioplasticsmagazine.com/en/news/meldungen/20141217Solegear-TEQ.php
Further Toby says that this is how Solegear can expand its vision and reach to a significant level of success to meet all the demands of customers and clients. On the other hand, TEQ plans to improve it’s capacities and revenue out of it’s partnership with Solegear. Randall K. Loga, the President of TEQ states that the agreement with Solegear is expected to offer new business development by meeting innovative choices of the customer community. The management of TEQ is excited to move forward with result oriented solutions regarding bioplastic production.
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