TIDMSYM
RNS Number : 6065R
Symphony Environmental Tech. PLC
07 July 2022
Symphony Environmental Technologies Plc
("Symphony" or the "Company")
Increased d2p Anti-Insect Technology sales to
Rivulis Irrigation Ltd
Symphony Environmental Technologies (AIM:SYM), global
specialists in technologies that make plastic and rubber products
smarter, safer and more sustainable, are pleased to announce new
orders and a global expansion of their d2p "AI" anti-insect
technology sales to Rivulis Irrigation Ltd ("Rivulis").
Rivulis has placed orders for d2p AI exceeding $340,000 this
month which follows sales in 2021 of $65,000 which doubled to
$130,000 during H1 2022.
Symphony's collaboration with Rivulis started in December 2017
after Symphony's R&D department had created a masterbatch with
anti-insect properties which could be put into plastic products at
the point of manufacture. Since then, Symphony's technical team has
supported Rivulis in the development of a unique range of
irrigation pipes for farmers and growers.
Plastic irrigation pipes and drip-tapes are a very effective way
to deliver water to growing plants, but valuable water was being
lost because insects were puncturing the pipes. By incorporating
d2p AI into its products, Rivulis has significantly reduced the
damage caused by insects, and consequently the amount of water
being lost - an especially valuable benefit in dry areas of the
world.
Rivulis ( www.rivulis.com ) is a world leader in drip irrigation
products and solutions . Established in 1966, Rivulis has a strong
global presence, including 16 manufacturing facilities with 2,300
employees, plus three R&D centres (in Israel, Greece and
California). Having conducted field trials across several
countries, with positive results, Rivulis have placed a number of
orders with Symphony for d2p AI for use in irrigation systems in
France, Turkey, Australia and Mexico. They have incorporated d2p AI
technology into their Rivulis and Eurodrip product range s and it
is sold under the trade name Rivulis Defend.
Symphony expect Rivulis will place further orders for d2p AI
before the end of this year.
Symphony's CEO, Michael Laurier, said "We are excited by this
commercial progress, following an extensive development period. Our
technical teams have worked together to bring this unique and
valuable product to the market. The preservation and good
management of water is essential, and we believe that sales of our
d2p AI technology will continue to increase in both the short and
longer term. Our d2p AI technology can be used not only in water
pipes, but in any plastic articles and surfaces in homes, schools
etc. to defend against insects, many of which can spread dangerous
diseases. W e are proud that this new technology will help
countries around the world to meet one of the important UN
Sustainable Development Goals - the "sustainable management of
water."
Rivulis President, Drip Products and Projects Division, Eran
Ossmy, said " With Rivulis Defend, we not only help growers address
the challenge of insect damage but also realise labour, water and
fertiliser savings. Rivulis Defend reflects our commitment to
developing field-trusted innovation to address unique grower needs.
We are pleased with the technical support we have received from
Symphony."
Enquiries
Symphony Environmental Technologies Plc
+44 (0)20 8207
Michael Laurier, CEO 5900
Ian Bristow, CFO
www.symphonyenvironmental.com
Zeus Capital Limited (Nominated Adviser and
Joint Broker)
David Foreman, Kieran Russell, Guy Brinkley +44 (0)161 831
(Investment Banking) 1512
+44 (0)203 829
Dominic King, Victoria Ayton (Sales) 5000
Hybridan LLP (Joint Broker) +44 (0)203 764
Claire Louise Noyce 2341
NOTES TO EDITORS:
About Symphony Environmental Technologies plc
https://www.symphonyenvironmental.com
Symphony has developed a range of additives, concentrates and
master-batches marketed under its d(2) p(R) ("designed to protect")
trademark, which can be incorporated in a wide variety of plastic
and non-plastic products so as to provide protection against many
different types of bacteria, viruses, fungi, algae, moulds, and
insects, and against fire. d(2) p products also include odour,
moisture and ethylene adsorbers as well as other types of
food-preserving technologies. For an overview see www.d2p.net
Symphony has launched d(2) p anti-microbial household gloves and
toothbrushes and "Symfresh" food-packaging, and is developing a
range of other d(2) p finished-products for retail sale.
Symphony has also developed a biodegradable plastic technology
which addresses the problem of persistent microplastics, by turning
ordinary plastic at the end of its service-life into a waxy
substance which is biodegradable. It is then no longer a plastic
and can be bioassimilated in the open environment in a similar way
to a leaf without leaving microplastics behind. 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, much of which has been recycled. In some countries, most
recently Saudi Arabia, oxo-biodegradable plastic is mandatory for
short-life plastic products.
D (2) w technology was studied for three years in the Oxomar
project, sponsored by the French government, which concluded that
plastic made with Symphony's d (2) w oxo-biodegradable technology
will biodegrade in seawater significantly more efficiently than
conventional plastic. See
https://www.biodeg.org/subjects-of-interest/agriculture-and-horticulture/the-marine-environment/
Following this report, the scientists allowed bacteria commonly
found in the open environment access to d (2) w oxo-biodegradable
plastic containing Carbon 13. They found Carbon 13 in the carbon
dioxide exhaled by the bacteria, proving beyond doubt that the
plastic had been bioassimilated by the bacteria.
Symphony has complemented its d(2) w and d(2) p product ranges
with d(2) c "compostable resins and products" that have been tested
to US and EU composting standards, and has invested in Eranova - a
French company extracting starch for making plastics, out of
algae.
Symphony has also developed the d(2) Detector(R), a portable
device which analyses plastics and detects counterfeit products.
This is useful for government officials tasked with enforcing
legislation, and Symphony's d(2) t 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 BPA (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.
About Rivulis
Rivulis is a global micro irrigation leader, focused on enabling
and promoting a sustainable agri-food supply chain to not only feed
our planet but also save it from the perils of climate change.
Rivulis offers the most innovative irrigation solutions for
seasonal, permanent, and protected crop environments, through its
three product and service portfolio brands: Rivulis, Eurodrip and
Manna. Established in 1966, Rivulis has 16 large-scale
manufacturing sites located across six continents, three R&D
Centers (Israel, California, and Greece) and multiple Irrigation
Project Design Centers around the globe.
Leading the mass adoption of micro irrigation globally, Rivulis
is committed to increasing accessibility to all growers everywhere
through simple, affordable, and smart technology covering the full
cycle from design to harvest. To learn how Rivulis can help you
GROW BEYOND your highest expectations season after season, visit
www.rivulis.com .
https://www.rivulis.com/rivulis-and-jain-irrigation-international-irrigation-business-to-merge/
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