Symphony Environmental Technologies PLC - Borehamwood, Hertfordshire-based plastics and rubber - Notes new Mexican technical standards from the Mexican Ministry for the Economy, which it says will have ‘positive commercial implications’ for its d2w biodegradable technology in Mexico and Latin America. Will come into effect in late October this year.

‘Mexico is a key market for Symphony, and we are pleased to see that the Mexican government has issued the correct standard for testing and certifying our d2w biodegradable technology. We are confident that this new technical standard will provide plastic packaging converters and end users with additional reassurance, as they will be using a technology that is fully compliant with the Mexican standard for biodegradation in the open environment,’ says Chief Executive Officer Michael Laurier.

Current stock price: 18.75 pence, up 4.2% on Tuesday in London

12-month change: down 29%

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