News & Blog

November 03, 2008

Hilex Appoints New President & CEO

Hilex Poly Co. LLC, (“Hilex” or “the Company”), the world’s largest plastic bag company, today announced that Stanley B. Bikulege has been appointed as the Company’s new President and Chief Executive Officer, and a member of the Board of Directors.

FOR IMMEDIATE RELEASE

Hilex Appoints New President & CEO

HARTSVILLE, SOUTH CAROLINA – November 3, 2008 – Hilex Poly Co. LLC, (“Hilex” or “the Company”), the world’s largest plastic bag company, today announced that Stanley B. Bikulege has been appointed as the Company’s new President and Chief Executive Officer, and a member of the Board of Directors. The appointment is effective immediately.

Mr. Bikulege has held a number of executive positions for both public and private \ companies in various industries. Most recently, as an Operating Partner with Arsenal Capital, he has served on a number of boards such as TallyGenicom, a $200 million manufacturer and reseller of high end line and serial printers with manufacturing sites in both China and Mexico, selling to key customers such as WalMart, Blockbusters, and Chrysler.

He has previously held the positions of President and CEO for Renaissance Mark, a $145 million dollar label company, President and CEO of Exopack, LLC, a $520 million flexible packaging company, and Group President for Pliant Corporation, where he was responsible for 18 sites in the US, Europe, Mexico, Australia and Canada with approximately $800 million in revenue.

Mr. Bikulege holds current Board positions for Source Refrigeration, DG3 and IDQ Holdings, Inc. in addition to previous Board positions for the companies he held executive positions with above.

He holds a Bachelor of Chemical Engineering degree to Youngstown State University, and an MBA from Georgia State University.

About Hilex Poly Co., LLC (www.hilexpoly.com)

Hilex Poly Co., LLC is an industry leading manufacturer of plastic bag and film products. Focusing primarily on high density polyethylene (HDPE) film products and related services, our products range from bagging systems to agricultural films.

As an industry leader, we have introduced many new products and features into the marketplace. Our patented QuikMate EZ® open feature continues to be the standard for self-opening plastic bags. Other key innovations and patents include specialized bag features and dispensing hardware. All of our products and services are focused on practical solutions in our target markets.

Hilex is a US based company with headquarters in Hartsville, SC, and 10 strategically located manufacturing facilities across the United States which includes the world’s largest plastic bag recycling plant.

Contact:

Joyce A. Foster

Vice President Human Resources

843-857-4930