Tiderock Companies, Inc. Enters Exclusive European Distribution Agreement with NextGen Bioplastics, Accelerating Sustainable Packaging Expansion Across Europe
Rhea-AI Summary
Tiderock Companies (OTCID:TDRK) has secured an exclusive distribution agreement with NextGen Bioplastics for the European market. The multi-year deal grants Tiderock exclusive rights to distribute NextGen's bioplastic products across the EU, Great Britain, and Ireland.
The agreement positions Tiderock in Europe's $75-105 billion food packaging market, part of a $420+ billion global industry expected to reach $660 billion by 2035. The company will distribute certified compostable and food-contact safe bioplastic solutions that meet EN 13432 and ASTM D6400 standards, targeting quick service restaurants, food producers, and transportation companies.
Positive
- Exclusive distribution rights for NextGen Bioplastics products in major European markets
- Access to $75-105 billion European food packaging market
- Products meet key certification standards EN 13432 and ASTM D6400
- Strategic positioning in rapidly growing market projected to reach $660 billion by 2035
- Leverages existing relationships with quick service restaurants and food producers
Negative
- Agreement requires meeting minimum annual sales objectives
- Success dependent on market adoption of higher-cost sustainable alternatives
- Competitive pressure in rapidly evolving sustainable packaging market
News Market Reaction 1 Alert
On the day this news was published, TDRK declined 9.09%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Exclusive Agreement Targets
BOSTON, MA / ACCESS Newswire / August 5, 2025 / Tiderock Companies, Inc. (OTCID:TDRK), a growth-driven holding company focused on sustainable manufacturing and infrastructure, today announced that its subsidiary, Tiderock Distribution Ltd., has signed a Master Exclusive Distribution Agreement with NextGen Bioplastics, Inc. granting exclusive rights to distribute NextGen's innovative bioplastic products across European Union, Great Britain, and Ireland.
This multi-year agreement positions Tiderock at the forefront of Europe's rapidly growing USD
Under the agreement, Tiderock is set forth to achieve annual minimum sales objectives, supported by a broad portfolio of certified compostable and food-contact safe bioplastic solutions meeting EN 13432 and ASTM D6400 standards. These products offer scalable, cost-effective alternatives to petroleum-based plastics, targeting industries undergoing regulatory-driven transformation.
"We are excited to exclusively introduce NextGen Bioplastics' advanced materials across Europe," said William Waldrop, Director of Tiderock Companies. "This agreement aligns with our strategy to scale sustainable manufacturing solutions and leverage our deep market relationships in Europe. By combining Tiderock's distribution network and NextGen's innovative product line, we are ideally positioned to meet the growing demand for compliant, eco-friendly packaging."
NextGen Bioplastics' portfolio includes a full suite of biodegradable single-use content containers, deli packaging, and food service solutions engineered to reduce environmental impact without compromising performance. The collaboration also includes commitments to joint product development, market compliance, and technical training to support customer adoption.
This agreement represents another milestone in Tiderock's mission to drive sustainable industrial innovation, expanding its reach into high-growth markets where regulatory pressures and consumer preferences are transforming legacy supply chains.
About Tiderock Companies, Inc.:
Tiderock Companies, Inc. (OTC:TDRK) is a diversified holding company focused on acquiring and scaling innovative businesses in advanced manufacturing, composite materials, and sustainable industrial solutions. Through strategic investments and operational leadership, Tiderock is building a global manufacturing company positioned to meet the evolving demands of modern infrastructure, transportation, and clean technology markets. www.tiderockcompanies.com
About NextGen Bioplastics, Inc.:
NextGen Bioplastics, Inc. develops and manufactures renewable, compostable, and food-contact safe packaging solutions designed to help industries transition away from petroleum-based plastics. Its products comply with global environmental standards and are engineered to meet the performance needs of today's food service and manufacturing industries. www.nextgenbioplastics.com
Safe Harbor Statement:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions. Tiderock Companies disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
Investor Relations
Tiderock Companies, Inc.
Email: investors@tiderockcompanies.com
Website: www.tiderockcompanies.com
SOURCE: Tiderock Companies, Inc.
View the original press release on ACCESS Newswire
FAQ
What is the value of the European food packaging market that Tiderock (OTCID:TDRK) will target?
What regions are covered in Tiderock's distribution agreement with NextGen Bioplastics?
What certifications do NextGen Bioplastics' products meet for the European market?
How large is the global food packaging industry expected to grow by 2035?
Which industries will Tiderock target with NextGen Bioplastics' products?
