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ECO2 Plastics, Inc. Enters Long-Term Supply Agreement With Peninsula Packaging, LLC

Thursday 27. November 2008 - ECO2 Plastics, Inc., (BULLETIN BOARD: EOPI) , the eco-friendly recycling company that is changing the way plastics are recycled, today announced that it has entered into a long-term supply agreement with Peninsula Packaging, LLC.

Under the terms of the agreement, Peninsula Packaging agrees to purchase a minimum of 1.5 million pounds per month of recycled PET flake produced by ECO2 for a period of three years. Material supplied by ECO2 will meet certain quality specifications and will be priced using a mutually agreed upon pricing mechanism.