NORTH PLAINS, Ore.,
Aug. 31, 2020 /PRNewswire/
-- Jewett-Cameron is deepening its commitment to long term
sustainability by signing a significant supply agreement with
SECOS, a compostable bag manufacturer based in Australia (SECOS Group Limited (ASX:SES ).
SECOS will supply compostable pet waste bags made from their
Cardia™ proprietary biopolymer resins for Jewett-Cameron's Lucky
Dog® ZERO PLASTIC™ poop bags.
SECOS is an experienced compostable bag manufacturer capable of
producing millions of bags per month and provides Jewett-Cameron
with the capacity to meet demand from both our retail channel
partners and online. The agreement is estimated at $3M annually and encompasses initial market entry
and distribution both in North
America and internationally.
Jewett-Cameron's ZERO PLASTIC™ The bag that returns to the
earth™ brand is developed around both sustainable and
compostable product development. The mission of ZERO PLASTIC™ is to
eliminate micro plastics from the environment. With pet
owners becoming more aware of healthier products for both their pet
and the environment, the poop bags address a growing concern about
utilizing a plastic bag that will at best, biodegrade over many
years into micro-plastics. Our Lucky Dog® ZERO PLASTIC™ compostable
poop bag is our first product in the brand and provides a quality
product that helps address the micro-plastic concern, as well as
contamination from dog waste.
SECOS CEO, Ian Stacey,
said "We look forward to working with Jewett Cameron to enter other markets and engage
in other activities where the expertise of both companies can be
leveraged. Conventional plastic production is a major user of
finite resources and contributor to CO2 emissions. Pet Owners
around the world are acting on this concern through their
purchasing power and our proven compostable technology is providing
them with the perfect solution."
Jewett Cameron's CEO
Charlie Hopewell said "We have
found not just a great partner, but one committed to our mutual
sustainable goals in their products with proven, internationally
recognized certifications. The additional gold standard
certification for truly safe environmental standard (ASTM D6400)
ensures that the product is completely compostable and leaves no
harmful residues behind when it breaks down."
Consumers will find initial market test materials in stores as
soon as September 2020 with greater
distribution occurring in the following months.
Jewett-Cameron Trading Company (NASDAQ – JCTCF) is a
holding company that strives to develop and build premier products.
Jewett-Cameron Company's business consists of the manufacturing and
distribution of patented and patent pending specialty metal and pet
products, wholesale distribution of wood products, and seed
processing and sales. The Company's brands include Lucky Dog™,
Animal House and AKC licensed products in the expanding pet market;
fencing products under the Adjust-A-Gate™, Fit-Right™, Perimeter
Patrol™, and LIFETIME POST™ systems brands; Early Start,
Spring Gardner, and Weatherguard for
greenhouses; and TrueShade for patio umbrellas, furniture covers
and canopies. www.jewettcameron.com.
SECOS Group Limited (ASX: SES) is a leading
developer and manufacturer of sustainable packaging materials.
Based in Melbourne, Australia,
SECOS supplies its proprietary biodegradable resins, packaging
products and high-quality cast films to a blue-chip global customer
base. SECOS Group is integrated from resin production, into film
(cast and blown) production and can develop bespoke compostable
solutions for a large range of applications.
http://secosgroup.com.au/
Forward-looking Statements
The information in this release contains certain forward-looking
statements that anticipate future trends and events. These
statements are based on certain assumptions that may prove to be
erroneous and are subject to certain risks, including but not
limited to, the uncertainties of the Company's new product
introductions, the risks of increased competition and technological
change in the Company's industry, and other factors detailed in the
Company's SEC filings. Accordingly, actual results may differ,
possibly materially, from predictions contained herein.
Media Contact: Charlie Hopewell,
President and CEO, 503-647-0110
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SOURCE Jewett-Cameron Trading Company Ltd.