Telles transitions to commercial phase for PHA bioplastic in 2011


Telles says its Mirel bioplastic business will enter the commercial phase in the middle of 2011, with the company's Clinton, IA commercial manufacturing facility to reach its designed annual production capacity of 110 million lb by the middle of 2013. Telles, which is a joint venture between Metabolix and Archer Daniels Midland, announced that news and its financial performance in its fourth quarter and full-year 2010 earnings statement.

Including its most recent deal with AL-PACK Enterprises for of soil-biodegradable home and garden mulch films, Telles has entered into four other "significant" contractual supply agreements for its polyhydroxyalknoate (PHA) bioplastic, as it transitions from product development to commercialization....
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