Symphony Environmental Tech. PLC Symphony Director on Sky News (5342L)
April 20 2018 - 2:00AM
UK Regulatory
TIDMSYM
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 19(th) 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 Tel: +44 (0)
(Corporate Finance) 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(R) 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(R) 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 d(2) Detector(R), a portable
device which analyses plastics and detects counterfeit products.
This is useful to government officials tasked with enforcing
legislation. Symphony's d(2) t 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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