ICEE Poised to Launch Commercially Jan 2018

KEY TAKEAWAYS:

• Manufacturing proof in commercial dies initiated December 2017.
• A successful program was completed in December 2017 for a prestige wine delivery Australia wide and internationally.
• ICEE had a successful show at Interpack, Dusseldorf 2017 which is the packaging industry’s premier triennial show.
• ICEE has been invited to participate at a major trade show in India sponsored by Supreme Petrochem Ltd. PlastIndia tradeshow is held in Ahmedabad 7-12 February 2018.
• Co-exhibiting in the USA with proposed US licensees at Home Delivery WorId, Atlanta 18-19 April 2018 specifically targeting online deliveries.
• ICEE will feature on the front cover with a major article in Bioplastics magazine, which is published in Europe and distributed globally.

About ICEE Containers Pty Ltd

ICEE Containers Pty Ltd is based in Melbourne, Australia. ICEE recognised that particle foam is a packaging paradox: it is unrivalled for its superior insulation and cushioning properties, but its bulk makes storage and disposal inconvenient. The challenge the packaging industry has been trying to solve for more than 70 years is to make foam polymers fold-flat. Not a simple task considering foam’s brittle structure.

ICEE developed a patented process that creates a strong, durable hinge for particle foam within its moulding process. No additional production costs were incurred and no capital investment is required by moulders as they utilise existing equipment.

The result is a strong, multi-use hinge that is ideal for producing insulated packaging that folds-flat. As such, the ICEE ColdFold® boxes can offer companies a superior alternative to traditional rigid foam boxes with the same thermal and cushioning characteristics but with the additional benefits of the fold-flat innovation. This saves time, space and money, making them an incredible 60% more efficient to move and store.

ICEE’s business model is to license existing moulders globally for a royalty based on sales.

This low-cost business model with no manufacturing capital expenditure ensures strong future cash flows and early path profitability. There are currently 3 licensees: Japan, USA & South Korea.

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