Exclusive Agreement Targets $105B+ European Food Packaging Market within $420B+ Global Industry
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 $75-105 billion food packaging market (2025 estimate), a key segment within the USD $420+ billion global food packaging industry projected to exceed USD $660 billion by 2035. The deal leverages Tiderock's established market relationships across quick service restaurants, food producers and transportation companies, to capitalize on the Europe's accelerating shift to renewable and compostable materials driven by strict sustainability mandates and consumer demand.
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:
https://www.accessnewswire.com/newsroom/en/business-and-professional-services/tiderock-companies-inc.-enters-exclusive-european-distribution-a-1056529
