Symphony Environmental Tech. PLC LSE - Green Economy Classification & Mark
October 11 2019 - 1:00AM
RNS Non-Regulatory
TIDMSYM
Symphony Environmental Tech. PLC
11 October 2019
11 October 2019
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
("Symphony", the "Company" or the "Group")
London Stock Exchange - Green Economy Classification &
Mark
Symphony Environmental Technologies Plc (AIM: SYM), a global
specialist in additive, masterbatch and concentrates technologies
that enhance the properties of plastic and complementary
non-plastic products by making them either biodegradable or
resistant to bacteria, fungi, algae, moulds, insects, fouling and
fire, is pleased to announce that the London Stock Exchange has
awarded the Company its new Green Economy classification and
mark.
The London Stock Exchange ("LSE") has introduced this new Green
Economy classification and mark for listed companies who derive 50%
or more of their activity from the Green Economy. The LSE has
concluded that Symphony meets their criteria and has been included
within the first cohort of companies to be recognised in this
way.
The official launch of the Green Economy Mark and other Green
initiatives is today (Market Open 7.40-8am Market Open Summit:
08:30 - 13:30) at the inaugural 'Sustainable Finance and Investment
Summit' and Market Open event.
The event is being live streamed on the LSE website and the mark
will also be shown on Symphony's profile.
Commenting, Michael Laurier, Chief Executive of Symphony,
said:
"I am delighted that Symphony have been awarded this important
and prestigious "Green Economy Mark" which we believe will help
considerably with our global communications in a world that is
looking for immediate and cost effective answers to the problem of
plastic materials that escape collection for reuse or recycling and
get into the open environment."
Enquiries
Symphony Environmental Technologies Plc
Michael Laurier, CEO Tel: +44 (0) 20 8207
5900
Ian Bristow, CFO
www.symphonyenvironmental.com
Cantor Fitzgerald Europe (Nominated Adviser
and Joint Broker)
David Foreman, Michael Boot (Corporate Tel: +44 (0) 20 7894
Finance) 7000
Caspar Shand Kydd, Maisie Atkinson (Sales)
Hybridan LLP (Joint Broker)
Claire Louise Noyce Tel: +44 (0) 203
764 2341
NOTES TO EDITORS:
Symphony Environmental Technologies plc
https://www.symphonyenvironmental.com
Symphony has developed and continues to develop, a biodegradable
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 a similar way to a leaf.
The technology is branded d2w(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, most recently Saudi
Arabia, oxo-biodegradable plastic is mandatory.
The Group has complemented its d2w biodegradable product range
with d2c "compostable resins and products" that have been tested to
US and EU composted standards.
In addition, Symphony has developed a range of additives,
concentrates and master-batches marketed under its d2p(R)
("designed to protect") 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. Symphony has also launched d2p
anti-microbial household gloves and toothbrushes (most recently in
Bahrain), and is developing a range of other d2p finished products
for retail sale.
Symphony has also developed the d2Detector(R), a portable device
which analyses plastics and detects counterfeit products. This is
useful to government officials tasked with enforcing legislation,
and Symphony's d2t tagging and tracer technology is 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 OPA (www.biodeg.org) and 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 Group can be found at
www.symphonyenvironmental.com and twitter @SymphonyEnv See also
Symphony on Instagram. A Symphony App is available for downloading
to smartphones.
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END
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