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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Accrol Group Holdings Plc | LSE:ACRL | London | Ordinary Share | GB00BZ6VT592 | ORD GBP0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 38.45 | 38.40 | 38.50 | 176,349 | 09:31:51 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Convrt Paper,paperbd Pds,nec | 241.91M | -5.7M | -0.0179 | -21.48 | 122.61M |
TIDMACRL
Accrol Group Holdings PLC
12 June 2018
RNS REACH
12 June 2018
ACCROL GROUP HOLDINGS PLC
("Accrol" or the "Company")
(AIM: ACRL)
ACCROL LEADS WAY IN PLASTIC-FREE PACKAGING
Accrol is delighted to announce it has become the first UK tissue converter to offer customers a plastic-free solution on all its products, which include toilet roll, kitchen roll and facial tissues.
The Group has worked closely with its supply partners over the last six months to develop a new, commercially viable and environmentally beneficial paper wrap packaging solution for all its products. Accrol is now offering this plastic-free packaging to its customers, which include the major discounters and grocery retailers, enabling them to help consumers reduce single-use plastic consumption.
Plastic packaging has become the industry standard on tissue products over the last 30 years. Accrol's move to offer the first plastic-free tissue packaging solution has been driven by high profile campaigns, like Sky Ocean Rescue, Ocean Recovery Alliance and Clean Seas, on the environmental impact of plastic waste.
Gareth Jenkins, CEO of Accrol, said: "Following numerous campaigns highlighting the damage caused by plastic waste, we were determined to offer our customers and, ultimately, shoppers a viable paper wrap alternative. This packaging is now available to all our customers. We are determined to lead the tissue industry in the UK and will achieve this by listening closely to our customers and reacting rapidly to their changing needs. I hope that our commitment to offering plastic-free tissue products and reducing the impact of the industry on the environment will encourage others in our sector to follow suit."
Dan Wright, Chairman of Accrol, added: "I am delighted that the team has been able to develop a viable and sustainable alternative for our industry. This marks a step change for the business, retailers and consumers."
Enquiries:
For further information, please contact: Accrol Group Holdings plc Gareth Jenkins, Chief Executive Officer +44 (0) 1254 278 844 Steve Townsley, Chief Finance Officer +44 (0) 1254 278 844 Belvedere Communications Limited Cat Valentine (cvalentine@belvederepr.com) +44 (0) 7715 769 078 Llew Angus (langus@belvederepr.com) +44 (0) 7407 023 147
Notes to Editors
-- Each year, 400 million tonnes of plastic is produced of which 40% is single-use, meaning it is only used once before being thrown away.
-- More than eight million tonnes of plastic enter the world's seas each year, with most of that coming from land.
About Accrol:
Accrol Group Holdings plc, based in Lancashire, is the leading tissue converter in the UK, supplying toilet rolls, kitchen rolls and facial tissues, as well as other tissue products, to major discounters and grocery retailers.
Accrol operates from three sites:
-- A manufacturing, storage and distribution facility in Blackburn; -- A facial tissue plant, also in Blackburn; and -- A manufacturing, storage and distribution facility in Leyland.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
June 12, 2018 02:01 ET (06:01 GMT)
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