MHG Anticipates they will Exceed $125 million Target from China Trip
BAINBRIDGE, GA. — MHG presented their PHA (polyhydroxalkanoates) and PLA (polyactic acid) biopolymers to investors at China’s International Fair for Investment and Trade in Xiamen, China. The event, which signifies huge investment opportunities for multilateral investment companies, took place from September 8th to the 11th. In attendance were nearly 20,000 people consisting of various overseas and local investors, international promotion agencies, and other interested parties.
“MHG has recognized the future demand for sustainable solutions to waste endemic produced by petroleum based plastic products,” said CEO and Executive Chairman to the Board of Directors at MHG, Paul Pereira. “We have created a fully functional and fully biodegradable alternative that can revolutionize plastic on a global level, and we were happy to have such a great reception at CIFIT.”
At the symposium, MHG was able to showcase examples of their biopolymer products in a customized booth as well as inform investors of the many advantages of their vertical integration approach, such as the possibility to create unlimited opportunities for customization based on a client’s need. MHG maximized their branding and promotion opportunity by creating an advertisement in The China Daily newspaper, the largest-print circulation of English based newspaper reaching over 420,000 people.
Initially, projected funding from investors was expected to be $125 million and would produce nearly 3,000 jobs. However after the huge success of the event, MHG is expecting to exceed their initial target, which would indirectly and directly induce over 8,000 job opportunities.
MHG is the holding company of Meredian Inc. and DaniMer Scientific—two innovative environmental entities that are striving to replace petro-plastic with their 100% biodegradable and toxic free biopolymers. Their trademarked agrofacturing process is the system of cold-pressing canola oil harvested from non-GMO canola seed and manufacturing it into customizable PHA biopolymers. By choosing to utilize locally grown canola seed, MHG is able to eliminate high-transportation costs as well as provide local farmers with a market that does not compete with other food sources.
For more details regarding MHG, please visit the website http://www.meredianholdings.com. Be sure to follow MHG-Meredian and MHG-DaniMer on Facebook (MHG-Meredian, MHG-DaniMer), Linkedin (MHG-Meredian, MHG-DaniMer) and Twitter (@MHG_Meredian, @MHG_Danimer) to stay up to date regarding latest news with the company and in the industry.
Meredian Holdings Group, Inc. to be known as MHG, is the holding company of Meredian Inc., a recognized world leader in production of polyhydroxyalkanoates (PHA) and DaniMer, a specialist in the customization of biopolymer formulations which can combine PHA and PLA through a proprietary reactive extrusion process. These companies are supported by a world class group of dedicated, highly skilled team members. With the addition of Meredian PHA biopolymers, the two companies offer a comprehensive selection of biopolymers that supports their core values of utilizing sustainably produced, renewable resource based polymers to improve people’s lives at work. The company currently owns more than 125 patents across nearly 20 countries, and is headquartered in Bainbridge, Ga.
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