Consumer Demand for 'Green' Packaging Driving This Company's Rapid Growth

November 23, 2017 / kincommunications.com / Article Link

Consumers are demanding cleaner packaging and a move away from petroleum-based plastics. Bioplastics have become the fastest growing segment in the plastics industry.

One company that is leading the charge in raising awareness of the potentially negative health impacts of chemicals in plastics is good natured Products Inc.(TSX-V:GDNP), writes Streetwise Reports.

For a excerpt and a full link the article, please see below.

good natured noted that macro trends should "continue to drive demand for alternatives to petroleum-based plastics-regulatory pressure, consumer demand for products that are free from hazardous chemicals, corporate sustainability objectives to reduce reliance on fossil fuels, and increased attention on overall food safety and packaging materials."

The company stated that it expects "revenues for the fiscal year ending Feb. 28, 2018, to grow by 50% year over year to approximately $3.1 million."

Recent News

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok