MULTI-PLASTICS, INC. TO PURCHASE EXTRUSION FACILITIES

LEWIS CENTER, OH – October 2009 – MULTI-PLASTICS, INC. is in advanced negotiations to purchase the Reynolds Packaging KAMA Hazleton, PA and Avenel, NJ extrusion facilities from Reynolds Packaging, Lincolnshire, IL. Financial terms of the deal were not disclosed. The closing and transition expected to take place by October 30, 2009, at which point this division will be known as MULTI-PLASTICS EXTRUSIONS, INC.

For over 30 years, MULTI-PLASTICS, INC. has partnered with KAMA to distribute polystyrene to the envelope and label industries. This acquisition establishes MULTI-PLASTICS, INC. as the only manufacturer of biaxially oriented polystyrene film and sheet to be vertically integrated from polymerization through extrusion and distribution.

In addition to OPS sheet, this introduces MULTI-PLASTICS to the thermoforming industry as a merchant supplier of various PET, A/R PET, PETG, and co-extruded structures.

“Our exceptional service and knowledgeable team have always worked with our customers to understand their individualized application needs. Today, we can do so from the manufacturer’s perspective. It is an exciting time in the history of our company, and we look forward to expanding the product offerings we can bring to our current and future customers worldwide,” John R. Parsio Sr., founder MULTI-PLASTICS, INC.

For more information contact Cheryl Caudill at 800-848-6982.