Plastinum in Emmen Opens New Production Line

EMMEN, The Netherlands, November 27 - Plastinum Polymer Technologies B.V., the municipality of Emmen, N.V. NOM
and Emmtec Services B.V. held a joint press conference this afternoon to
announce that Plastinum has opened a new production line for the recycling of
post consumer mixed plastic household waste. The opening will generate
production capacity of 10,000 tonnes per year, creating roughly 25 direct and
20 indirect new jobs. UWV Werkbedrijf in Emmen played an important part in
filling the vacancies.

Speeches by Nils Berten (COO of Plastinum Polymer Technologies B.V.),
Gezienes Evenhuis (a member of the Emmen municipal executive), Sander
Oosterhof (Investment Manager at N.V. NOM), Hermann Toebes (director of NUON
/ Emmtec Services B.V.) and Janny Vlietstra (a member of the Drenthe
provincial executive) were followed by the grand opening of the production
line.

Plastinum has been based at the Emmtec Industrial and Business Park in
Emmen since the end of 2006 and has been working on the development of a
revolutionary new technology to produce a new product from mixed household
plastic waste. Its newly developed technology "Blendymer(TM)" produces
"Infinymer(TM)", a new thermoplastic material.

The company's decision to base itself in Emmen was made in close
consultation with N.V. NOM, the municipality of Emmen and Emmtec Services
B.V. NOM has since taken a minority shareholding in Plastinum. The company
also received support from the Drenthe Innovative Action Programme 2008-2010
and SenterNovem in developing the new technology.

Plastinum Polymer Technologies Corp., listed on the OTC Bulletin Board(R)
(OTCBB) (ticker: "PLNU"), holds the patent rights to this mechanical process
for mixing immiscible plastics. The new technology, developed in Emmen, is a
world first.

All of the parties are delighted with developments at Plastinum, which
are making an important and innovative contribution to the development of the
regional economy and to employment.

There will also be environmental benefits: plastic waste can now be fully
recycled and no longer needs to be landfilled or incinerated.

For more information please contact: Cathalijne Meijer, Marketing & Communication Manager at Plastinum Polymer, Telephone no.: +31(0)6-22-22-42-08, Email: cmeijer at plastinum.com