Symphony Environmental Tech. PLC New d2p product launch
November 16 2020 - 1:00AM
RNS Non-Regulatory
TIDMSYM
Symphony Environmental Tech. PLC
16 November 2020
16 November 2020
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
("Symphony" or the "Group")
New d2p Product Launch
Symphony Environmental Technologies Plc (AIM: SYM), a global
specialist in technologies to enhance the properties of plastic and
some non-plastic products, is pleased to announce the launch of
SYMFresh, a new reusable press n' seal fruit and vegetable bag. The
SYMFresh bags have been developed to keep climacteric fruit and
vegetables fresher for longer.
Climacteric fruit and vegetables release ethylene gas when
placed or packaged in a plastic bag which causes accelerated
ripening and decay of fruit and vegetables. This maturation can
alter the colour and texture of the produce, effectively shortening
the shelf life.
The new SYMFresh bags have been made with Symphony's d(2) p
ethylene adsorber technology, a microporous structure which adsorbs
and traps the ethylene inside the film, delaying ripening and
regulating moisture, to slow down the drying out process. By
conserving the nutritional qualities, crispness and flavour of the
fruit and vegetables, SYMFresh bags are proven to extend the shelf
life of such produce by up to 40%.
According to figures produced by WRAP (Waste and Resources
Action Programme) an estimated one third of all food produced
globally goes to waste. The UK alone wastes approximately 6.6
million tonnes of food annually with households accounting for 70%
of this figure, and 34% of this wastage consisting of fruit and
vegetables.
Food waste is not just a humanitarian problem but is also an
environmental one. Rotting food generates methane, a powerful
greenhouse gas, 25 times more potent than carbon dioxide, and 11%
of methane emissions come from food.
For further information a dedicated website with video link has
been launched at https://www.sym-fresh.net/
Michael Laurier, CEO of Symphony, said: "After more than 3 years
of development, we are delighted to launch the first retail
consumable product made with d2p ethylene adsorber technology. This
is part of a wider product development program, whereby we are
meeting global demand to reduce food waste and to increase our
product offering to existing and new markets. Albeit early stage,
conversations with our distributors on this new technology have
been positive and we are hopeful SYMFresh will become a
complementary as well as a commercially valued product alongside
our existing product range."
www.d2w.net and www.d2p.net
Enquiries Symphony Environmental Technologies Plc
Michael Laurier, CEO Tel: +44 (0) 20 8207 5900
Ian Bristow, CFO
www.symphonyenvironmental.com
Zeus Capital Limited (Nominated Adviser
and Joint Broker)
David Foreman / Nick Cowles / Kieran Russell Tel: +44 (0) 203 829 5000
(Corporate Finance)
Dominic King / Victoria Ayton (Sales)
Hybridan LLP (Joint Broker)
Claire Louise Noyce Tel: +44 (0) 203 764 2341
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END
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