Environ.Recycle Share Discussion Threads

[jack horner] 29/11/2010 11:42

Putting the christmas tree up today.

[tsk 1] 29/11/2010 11:16

Morning Hammy.

PS. I'm going outdoors, and I may be some time. I'll try not to wake the huskies.

[teh hampster] 29/11/2010 11:15

Indeed Ron.



Teh Hampster - 29 Nov'10 - 11:13 - 176 of 177 edit (filtered)

[teh hampster] 29/11/2010 11:13

Morning Blue, TSK.

[teh hampster] 29/11/2010 11:12

short Norfolk Hams.

[campomar2] 29/11/2010 11:07

Poor old EK....he recently announced hed gone short. Couldn't have happened to a nicer bloke

[tsk 1] 29/11/2010 11:00

Sorry Bluebelle, I was estimating the price of half a loaf of wholemeal. I'm cutting back this year - Hovis stuffed with turkey.

[bluebelle] 29/11/2010 10:58

TSK 1 - 29 Nov'10 - 10:55 - 168 of 171
£1 by Christmas.


Sorry, TSK, don't understand. Is this your annual, characteristically modest, Christmas appeal, from which you have uncharacteristically omitted the word "please"? If so how do I donate ?

[tsk 1] 29/11/2010 10:57

Who was that? Did somebody speak?

[potem] 29/11/2010 10:56

Bluebelle : I thought I was best ignored.

[tsk 1] 29/11/2010 10:55

£1 by Christmas.

[bluebelle] 29/11/2010 10:42

potem - 29 Nov'10 - 10:38 - 166 of 166
Buggy : I am delighted to be wrong!


Can't help but feel then, that on this one at least, the last few years must have been constant happiness for dear old potem.

[potem] 29/11/2010 10:38

Times : They HAVE had delays - Full production was originally meant to be last year. If that is not slippage what is.

Buggy : I am delighted to be wrong!

[jack horner] 29/11/2010 09:42

Doctorjohn Thanks.
The share price increased also.

[doctorjohn] 29/11/2010 09:08

Great news re Commercial Milestone and

Just to bring the charts up on my monitor easier!

RNS Number : 9051W

Environmental Recycling Tech. PLC

29 November 2010

For Immediate Release 29 November 2010

Environmental Recycling Technologies plc

("ERT" or the "Group")

Commercial milestone reached for Powder Impression Moulding Process

Licensee 2K Manufacturing begins production of EcoSheet.

Environmental Recycling Technologies plc (AIM: ENRT), which has developed and is exploiting the patented rights to the Powder Impression Moulding ("PIM") process capable of converting mixed waste plastics into commercially viable products, announces that 2K Manufacturing, a master licensee of the PIM process, has begun commercial production of EcoSheet an environmentally sustainable alternative to plywood made from recycling waste plastics.

2K Manufacturing is a producer of industrial products from recovered waste plastics using ERT's Powder Impression Moulding Process. This process allows for the recycling of co-mingled low grade waste plastics (that would otherwise end up in land-fill) to produce the award winning product "EcoSheet".

EcoSheet can be used as a sustainable alternative to plywood in a variety of industrial sectors for site hoardings, concrete formworks and signs. It is estimated that over 20 million sheets of standard plywood are used each year in the UK alone. The natural characteristics of polymer are utilised to manufacture hard-wearing, smooth-faced, versatile boards suitable for a variety of applications in construction and beyond. EcoSheet is engineered to perform as an alternative to imported plywood, or to virgin plastic panels, and is in turn fully recyclable at the end of its lifespan.

In January 2010, 2K Manufacturing signed a consolidated master licence with ERT extending the rights of its existing flat sheet licence to cover all global markets. Under the terms of the licence 2K will pay ERT a total of GBP2 million in instalments over the next three years by way of licence fees . The licence also provides that the existing minimum royalties for Europe will continue to be supplemented by minimum royalties for the rest of the World. Annual royalty payments based on 2k's, and their sub-licensees', actual production (subject to the minimum positions) will provide ongoing revenue for ERT.

Ken Brooks, Chairman of ERT plc commented:

"We are delighted that 2K Manufacturing has commenced commercial production of EcoSheet using ERT's PIM Process. This is a major milestone which confirms the commercial viability of ERT's unique PIM Process in large scale manufacturing. We look forward to applying the process over time for use in other applications, industries and geographies."

Omar Kutluoglu, CEO of 2K Manufacturing commented:

"We are very pleased to see the start of large scale manufacturing of Ecosheet from our Luton facility. Our plans to expand capacity in the near future could enable the production of up to four million pieces of EcoSheet each year.

"The PIM technology provides a solution for the issue of five million tonnes of waste plastic produced each year, 80% of which goes to landfill. In addition, over 20 million plywood sheets are used a year in the UK which are not recyclable and have to be landfilled as waste, at a great expense to the industry."

ends

[2jinxed] 29/11/2010 08:35

Times no not in full swing, RNS says production; in production, there is a big difference!! Now that they can produce which is great news, they can and will build on it, introducing more lines, perhaps better than the one they have now!! Which will make hopefully 4 million sheets and more.

But, as for the puff of smoke and 2 of steam well if that's all it takes to make an eco board then what the hell was 3 dm thinking of. lol

Now looking forward to the next RNS, at last some stability on the tired BB.
2j
ps morning Potem

Surprised at the low volume this morning

[humbugg] 29/11/2010 08:06

very good news. onwards and upwards.

[campomar2] 29/11/2010 07:38

Well anyone who has a short position is this is going to get fried alive this morning.

[times104] 29/11/2010 07:27

Morning 2J & potem looks like you were incorrect production in full swing and 2J you have your wish a nice RNS.............

[weyweyumfozo] 29/11/2010 07:22

....."Ken Brooks, Chairman of ERT plc commented:

"We are delighted that 2K Manufacturing has commenced commercial production of EcoSheet using ERT's PIM Process. This is a major milestone which confirms the commercial viability of ERT's unique PIM Process in large scale manufacturing. We look forward to applying the process over time for use in other applications, industries and geographies."

Omar Kutluoglu, CEO of 2K Manufacturing commented:

"We are very pleased to see the start of large scale manufacturing of Ecosheet from our Luton facility. Our plans to expand capacity in the near future could enable the production of up to four million pieces of EcoSheet each year.

"The PIM technology provides a solution for the issue of five million tonnes of waste plastic produced each year, 80% of which goes to landfill. In addition, over 20 million plywood sheets are used a year in the UK which are not recyclable and have to be landfilled as waste, at a great expense to the industry.""
==============================================================================

Kerrrrrrrching!

[buggy] 29/11/2010 07:19

I suppose that answers that particular question of will they won,
't they start production. Now lets see if we can develop some traction and sign other licences.
My investment window is 3 years ... but may well be longer depending on what else they can manage to produce with PIM.

Personally the possibilities is endless but will we be around as a company to reap the benefits or will we be taken out by the sharks ... now that fame and fortune is coming in sight.

[greenisgood] 29/11/2010 07:10

At last production at 2K has started

[potem] 28/11/2010 15:59

2J _ If they are to bid I expect it before any fanfare of publicity and well before they demonstrate to outsiders that the process works commercially. Until then they have a better hand. It might then depend on the ambitions of recent buyers and on whether they want 90% (full control) or 75% (when they can change the Articles and delist). Time will tell, but it might be an interesting few weeks).