Source - LSE Regulatory
RNS Number : 5342L
Symphony Environmental Tech. PLC
20 April 2018
 

 

 

 

20 April 2018




SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony" or "the Company") 

Symphony Director on Sky News 19th April 2018

 

Michael Stephen, Deputy Chairman of Symphony Environmental Technologies Plc was interviewed on Sky News yesterday in response to the announcement that the UK Government are considering banning single use plastic items such as plastic straws, stirrers and cotton buds. 

  

Michael was asked 'does this Government initiative go far enough?' He replied that there has been concern for a long time that conventional plastic can lie or float around in the environment for many decades, and that it breaks down into microplastics, but plastic could now be upgraded with oxo-biodegradable technology (OBP) which will make the plastic degrade and biodegrade, if it escapes into the open environment as litter. It will then be recycled back into nature by the micro-organisms which live on land and in the oceans.  It can be made in plastics factories with their existing machinery and workforce at little or no extra cost.

 

He added that he and Symphony's CEO, Michael Laurier, had attended the Commonwealth Heads of Government Conference and explained the technology to delegates from all over the Commonwealth. It was well received, and one Commonwealth country (Pakistan) had already made it compulsory for a wide range of plastic items.  The Kingdom of Saudi Arabia is the latest country to make the technology mandatory, and Symphony hopes that the UK will soon join them. Symphony are currently explaining the technology in detail to DEFRA and the Treasury.

 

See https://we.tl/Yo8YWpaXWx 

 

Symphony Environmental Technologies Plc


Michael Laurier, CEO

Tel: +44 (0) 20 8207 5900

Ian Bristow, CFO

www.symphonyenvironmental.com




Cantor Fitzgerald Europe


David Foreman, Richard Salmond (Corporate Finance)

Tel: +44 (0) 20 7894 7000

Alex Pollen (Sales)


 

Blytheweigh (PR)                                                                       Tel: +44 (0) 20 7138 3204

Tim Blythe

Nick Elwes

 

NOTES TO EDITORS:

 

Symphony's oxo-biodegradable plastic technology is marketed under the d2w® trademark and is available through Symphony's distributors in nearly 100 countries.

 

In addition to d2w, Symphony has developed a range of additives, concentrates and master-batches marketed under its d2p® brand, which can be incorporated in a wide variety of plastic and non-plastic products so as to give them protection against many different types of bacteria, fungi, algae, moulds, and insects, and against fire. d2p products also include odour, moisture and ethylene adsorbers as well as other types of food preserving technologies. The Company has also launched d2p anti-microbial household gloves and are developing a range of other d2p retail finished products.

 

Symphony has also developed the d2Detector®, a portable device which analyses plastics and detects counterfeit products. This is useful to government officials tasked with enforcing legislation.  Symphony's d2t tagging and tracer technology is also available for further security.

 

Symphony has a diverse and growing customer-base and has established itself as an international business with 74 distributors around the world. Products made with Symphony's plastic technologies are now available in nearly 100 countries and in many different product applications. Symphony itself is accredited to ISO9001 and ISO14001.

 

Symphony is a member of The Oxo-biodegradable Plastics Association (www.biodeg.org) (OPA), the Society for the Chemical Industry (UK), and the Pacific Basin Environmental Council. Symphony actively participates in the Committee work of the British Standards Institute (BSI), the American Standards Organisation (ASTM), the European Standards Organisation (CEN), and the International Standards Organisation (ISO).

 

Further information on the Symphony Group can be found at www.symphonyenvironmental.com and twitter @SymphonyEnv

 

 


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