Symphony Environmental Tech. PLC Interview on Sky News
January 12 2018 - 4:14AM
RNS Non-Regulatory
TIDMSYM
Symphony Environmental Tech. PLC
12 January 2018
12 January 2018
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
("Symphony", or the "Company")
Interview on Sky News
One of Symphony's Directors, Michael Stephen was interviewed on
Sky News yesterday about the Prime Minister's announcement on
plastic waste. He said that whilst the company supports recycling,
there is a "black hole" in the government's policy. This is because
the plastic waste cannot be collected for recycling if it has
escaped into the open environment, and especially into the oceans.
For this reason, we should stop using old-fashioned plastic.
Symphony's scientists have found a way to upgrade the plastic so
that it will convert itself into biodegradable materials at the end
of its useful life and will be recycled back into nature like a
leaf or a piece of seaweed. It is crucial to understand that it
does not just fall into fragments, but the molecular structure is
dismantled so that it is no longer a plastic.
Ordinary plastic can be upgraded with Symphony's technology by
existing plastics factories at little or no extra cost and with
their existing machinery and workforce.
An added bonus is that if it does get collected before it has
degraded it can be safely recycled with ordinary plastic.
Michael Stephen pointed out that countries in the Middle East
such as Saudi Arabia and the UAE have already legislated to require
the use of upgraded plastic, and Symphony thinks that the UK and
the EU should do the same. He has had meetings with officials in
Brussels, and Symphony is willing to brief the Secretary of State
for the Environment, Michael Gove.
To view the broadcast on Sky News see:
https://youtu.be/-cctnvC4vic
On the same day, Symphony's CEO, Michael Laurier, was
interviewed on BBC 3 Counties Radio.
For further information, contact:
Contacts
Symphony Environmental Technologies
Plc
Michael Laurier, CEO Tel: +44 (0)
20 8207 5900
Ian Bristow, FD
Cantor Fitzgerald Europe
David Foreman / Callum Butterfield Tel: +44 (0)
(Corporate Finance) 20 7894 7000
Alex Pollen (Sales)
NOTES TO EDITORS:
About Symphony Environmental Technologies plc
Symphony has developed and continues to develop, controlled-life
plastic technology which helps tackle the problem of microplastics
by turning ordinary plastic at the end of its service-life into
biodegradable materials. It is then no longer a plastic and can be
bioassimilated in the open environment in the same way as a leaf.
The technology is branded d(2) w(R) and appears as a droplet logo
on many thousands of tonnes of plastic packaging and other plastic
products around the world. In some countries oxo-biodegradable
plastic is mandatory. For a video of d2w(R) plastic degrading see
https://www.youtube.com/watch?v=tQ7ce532BBM
In addition, 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, insects and
fire.
Symphony has also developed the d(2) Detector(R), a portable
device which analyses plastics and detects counterfeit products.
This will be 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 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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