The strategic review carried out by Cardia Bioplastics, the Australian bioplastics manufacturer leads towards the closure Brazilian plant. According to the strategic review, Cardia Bioplastics will introduce numerous strategic advantages this year. The company states that the key benefit of new strategies revolves around access of Cardia to Stellar Film’s for additional productivity. This will allow Cardia to deliver products as per the increasing demand. The biohybrid hygiene films of the company are highly in demand and these will be delivered without exclusive investments in new capital investments.
One thing to be taken under consideration here is that the merged group of Cardia and Stellar will gain profit out of the geographic presence of both the operations. There are three production plants of the company situated in China, Malaysia and Australia. All the plants have been settled well to meet growing demand of customers from Asia Pacific.
Read more about this deal here - http://www.bioplasticsmagazine.com/en/news/meldungen/20150311-Cardia-to-close-down-brazilian-operations.php
Stellar Films Operation is established and this feature of the group ensures supply of high quality products. The group also gives priority to financial resources for ensuring that the production output is optimized. The ability of Cardia to deliver the best quality product within time promotes its growth in the global market. Cardia has planned to discontinue offering fun to it’s new Brazilian plant as it keeps the merged business on priority.
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