Diamant Art Corp. announced that through Bio-Plastics Film Inc., its wholly owned subsidiary, the company has made recent progress with various companies that have considered its plastic packaging and additive products. Diamant Art is working on increasing interest in the various products that it distributes, such as the shrink and pallet wrap, both nationally and internationally.
To gain and maintain momentum on orders of ranging sizes, the company is in contact with companies around the world to widen its scope of potential clients in this challenging economy. There are a number of companies that will be completing testing of Diamant Art's products. The company plans to update shareholders regularly as these results begin to materialize.
Recently, Diamant Art reported that Bio-Plastics Film received official notification that the Canadian Food Inspection Agency has granted Non-Objection status to its food cling film products. By receiving this designation, Diamant Art’s cling film is recognized as a safe product for use in food applications.
In a closing statement, Diamant Art commented, The Company continues to bring exposure to the innovative nature of its technologically advanced environmentally friendly products. We want our investors to understand that despite the negative pressure in the stock market, Diamant’s biodegradable products are continuously gaining acceptance in their market segments. In an effort to ease uncertainty in regards to our company and its operations, we intend to keep our Shareholders fully informed as these developments continue to evolve.