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SYM Symphony Environmental Technologies Plc

2.75
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Symphony Environmental Technologies Plc LSE:SYM London Ordinary Share GB0009589168 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.75 2.50 3.00 2.75 2.75 2.75 126,867 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Plastics,resins,elastomers 6.15M -2.89M -0.0156 -1.76 5.08M
Symphony Environmental Technologies Plc is listed in the Plastics,resins,elastomers sector of the London Stock Exchange with ticker SYM. The last closing price for Symphony Environmental T... was 2.75p. Over the last year, Symphony Environmental T... shares have traded in a share price range of 2.10p to 9.25p.

Symphony Environmental T... currently has 184,806,833 shares in issue. The market capitalisation of Symphony Environmental T... is £5.08 million. Symphony Environmental T... has a price to earnings ratio (PE ratio) of -1.76.

Symphony Environmental T... Share Discussion Threads

Showing 6776 to 6796 of 7475 messages
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DateSubjectAuthorDiscuss
02/11/2020
14:08
I doubt it - but based on the past this isn't going anywhere
PS notice the drift down

swiss paul
30/10/2020
19:38
and yours is just the competition complaining?
bad gateway
30/10/2020
19:27
Nah mate that just a consultatiuon docuemnt response
swiss paul
30/10/2020
15:13
More than 40 organisations including retailers and trade associations have written an open letter calling for a ban on plastics containing additives to make them degrade.
The open letter, sent to the media on 22 October, called on the government to “follow the lead” of the European Union, which is banning ‘oxo-degradable plastics’ from next year (Directive, clause 15).

The open letter called on the government to “follow the lead” of the EU, which is banning ‘oxo-degradable’ plastics from next year
The letter comes in the wake of the development of a British Standards Institution (BSI) specification for measuring the biodegradability of polyolefins, published earlier this month. The specification, PAS9017, was sponsored by a company which produces biodegradable and compostable plastics and was developed by a steering group which included the Waste & Resources Action Programme (WRAP).
Letter
The letter states: “The UK voted for the EU ban when it was proposed in 2019. Failing to act now could turn Britain from a leader into a laggard in fighting the plastic crisis.
“For these reasons, we call on the government to protect our environment, protect our food production, and protect British business by banning these materials immediately.”
It continues: “Increasing evidence shows that microplastics are entering the food chain through animals, fruits and vegetables. This impacts human health, soil health and biodiversity.
“Equally, these degradable plastic alternatives will disrupt the Britain’s recycling facilities, which will be unable to differentiate between conventional plastics and doctored alternatives.
“We call on the government to protect our environment, protect our food production, and protect British business by banning these materials immediately.”
Signatories include retailers Tesco, Aldi, Waitrose and the Co-op, as well as a number of trade associations, including the Bio-based and Biodegradable Industries Association (BBIA) and the Environmental Services Association (ESA).
British Standards Institution
On 1 October the BSI published the new specification for measuring the biodegradability of polyolefins. Signatories to last week’s open letter claim the new specification supports the sale of oxo-degradable plastics. The letter reads: “The calls [for the ban] follow news that the British Standards Institution (BSI) enacted a new specification (PAS9017) this month supporting the sale of such plastics.”

WRAP is based in Banbury, Oxfordshire
The specification was developed by a steering group made up of WRAP, the Food and Environment Research Agency (FERA) and the Department for Business, Energy and Industrial Strategy (BEIS), amongst others.
PAS9017 sponsor Polymateria is a London-based privately owned technology company which develops biodegradable and compostable plastics. Polymateria has the backing of some heavy hitters in retail and manufacturing: one of its directors is retail expert Marc Bolland, who was previously at the helm of Morrisons and then Marks & Spencer. He spoke of the work done by Morrisons to remove plastic from its products at WRAP’s annual conference in 2009 (see letsrecycle.com story). Also on the company’s board is Frederic De Mevius of Planet First Partners, which has invested in Polymateria.
Polymateria
Polymateria is described as “a European advanced technology company developing a new standard in biodegradable and compostable plastics. Their scientists have created a breakthrough, proprietary formulation for plastics – called Biotransformation – that makes this possible in the natural environment if fugitive plastics escape from the circular economy.”
WRAP view
Given the reaction following the publication of the specification, there is some surprise that WRAP has been involved in its development. WRAP and Polymateria were approached for comment by letsrecycle.com. [Updated 27 October: For WRAP’s response, click here.]
Perspective
“This is damaging our international reputation”
David Newman, BBIA
One perspective came from David Newman, managing director of the BBIA, who told letsrecycle.com: “We are in discussions with WRAP around communications in which their position on this standard will be made public.”
He continued: “What’s so sad about this is that it’s happening in the UK, which has promised to meet or go beyond environmental standards set by the EU.
“The EU has already put in a ban on these materials and the UK has not yet done so. This is damaging our international reputation.”
The BBIA aims to develop the circular bioeconomy in the UK, promoting markets and production of bio-based and biodegradable chemicals.
Oxo-degradable material
Oxo-degradable material can be found in products such as plastic bags and contain an additive which helps the plastic to bio-degrade.
Those behind the technology say that among its benefits it can help deal with waste which has escaped into the environment and cannot be collected for recycling or anything else.
In March 2019 the European Parliament approved measures aimed at tackling marine litter by limiting the use of disposable plastic. Restrictions prohibiting the placing on the market of oxo-degradable plastic are to come into force on 3 July 2021.
In March 2020, Wales proposed legislation banning oxo-degradable plastics as part of its single use plastic ban. [Clarification 27.10.20: this line has been changed from: ‘In March 2020, Wales introduced legislation to ban oxo-degradable plastics as part of its single use plastic ban’. Wales’s consultations on a ban have recently closed.]

swiss paul
30/10/2020
09:53
recent SYM partnerships:

hxxps://promocionesfantasticas.com/

hxxps://cotripal.com.br/

hxxps://latin-pack.com/

mfhmfh
30/10/2020
09:10
Board clutching at straws now.......
bsdjj
30/10/2020
08:30
Good morning,

I haven't been following this thread for a while but looked in following the RNS this morning. Just looking back at the 20th October RNS - any concerns around CO2 and marine food chain impact down the line from harvesting marine algae? Or have I misunderstood the technology - its is only a cursory look I have taken...

Thanks,

G.

garth
30/10/2020
07:35
Launch of d2p and d2w enhanced drinking straws
Fri, 30th Oct 2020 07:00

RNS Number : 6762D
Symphony Environmental Tech. PLC
30 October 2020

30 October 2020



SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony" or the "Group")

COLOMBIAN COMPANY PROMOCIONES FANTÁSTICAS LAUNCHES DRINKING STRAWS WHICH ARE BOTH ANTIMICROBIAL AND BIODEGRADABLE

Symphony Environmental Technologies Plc (AIM: SYM), a global specialist in technologies that "make plastic smarter" is pleased to report that Promociones Fantásticas a Colombian drinking straws producer and leader in the Latin American market, has announced the launch of their new d2w (biodegradable) and d2p (antimicrobial) drinking straws. Symphony is the technology partner and Symphony's exclusive distributor Latin Pack is the masterbatch supplier. Promociones Fantásticas has been using d2w successfully in their straws since April 2017.

As previously announced, testing of d2p samples by UNICAMP University in Brazil according to ISO 21702 found a virus reduction of 99.9% in only one hour, which is vital during the coronavirus pandemic. d2p has also been proved effective against bacteria and fungi, which is critical as this is a product that enters in direct contact with customers' mouths where microbes can easily be transmitted. As the antimicrobial properties are embedded in the plastic, they will never wear off - unlike spraying, wiping, or coating.

Michael Laurier, CEO of Symphony, said: "We are delighted to continue our long-standing and valued relationship with Promociones Fantásticas, and hope that other, environmentally and socially responsible companies around the world will follow their lead in protecting customers and the environment alike. This follows recent other Symphony d2w and d2p new users, for example, Cotripal in Brazil whose shopping bags now contain both d2p and d2w Symphony technologies. We are seeing increased interest for our d2p anti-microbial technologies as a combination with our d2w biodegradable technology in several countries across the globe. Further, the products of these interested manufacturers are of both multi use, but also single use items, that historically were more commonly treated with just our d2w biodegradable technology."

Carlos Cruz, CEO of Promociones Fantásticas, said: "In the context of the global pandemic our company has assumed an increased responsibility to protect public health, create jobs and preserve the environment. Over the years we have encouraged our customers to properly dispose of used straws so they can be recycled where possible. But we have also taken additional measures to protect the environment from plastic that escapes into the open environment by using the globally renowned British d2w biodegradable technology. Today we go further, by helping to protect our customers from Coronavirus and other forms of contamination by using d2p technology, that has been proven against viruses, bacteria, and fungi."

www.d2w.net and www.d2p.net

See video links:

gemlotte55
27/10/2020
15:21
Dead as a Dodo, isn't this sector supposed to be hot hot hot ???
46maxon
23/10/2020
12:31
They could do wit h getting some turnover - they are just so woeful. Laurier - resign
swiss paul
22/10/2020
12:51
Such positive news recently, no budge on share price Wonder if they could do with some PR to rouse a stronger fan base. Looks like very interesting market which they have already made a considerable footing in.
46maxon
19/10/2020
09:15
Turkey bread packaging deal announced today - Bimbo US deal must be due soon
janhar
15/10/2020
21:29
Will give this company till month end and if nothing tangible I’m out if they are incapable of getting deals done in the current climate with the recent news then they never will.
It’s frustrating that they always under deliver apart from when it’s down to remuneration

best1467
13/10/2020
14:06
Snot looking good, trickle trickle dowwwwn
46maxon
11/10/2020
19:00
yes I do - and have done so for some time. Do you work for teh company?
swiss paul
09/10/2020
16:28
Do you own any of these shares Swiss Paul!
gemlotte55
09/10/2020
15:46
Here piggy piggy
Symphony Environmental Technologies Plc (AIM: SYM) announces amendments to options held by Michael Stephen, Commercial Director of the Company.

In order to align the executive directors option packages, and in particular the exercise periods, the Company has extended the exercise period of options granted over an aggregate of 2,210,000 ordinary shares of 1p each in the Company ("Ordinary Shares")("Options") to Michael Stephen as detailed in the PDMR tables below.

All other terms of the Options remain the same.
Nature of the transaction
Extension of option exercise period from 26 November 2020 to 26 November 2021
Price(s) and volume(s)

Price(s) Volume(s)

n/a 2,000,000

Nature of the transaction


Extension of option exercise period from 30 March 2021 to 30 March 2022
Price(s) Volume(s)
12.5p 210,000

oink oink (message ends)

swiss paul
06/10/2020
11:55
Airport won't bring in much revenue. Needs a bigger sale
letmepass
28/9/2020
09:41
Whose funding the trial? When is it due to commence and finish?
swiss paul
28/9/2020
08:11
Symphony Environmental’s biodegradable plastic used for airport security bags

The 100ml security bags will be trialled at airports in Aberdeen, Glasgow and Southampton operated by AGS Airports Ltd

johnwise
28/9/2020
07:18
28/09/2020 7:00am
RNS Non-Regulatory

TIDMSYM

Symphony Environmental Tech. PLC

28 September 2020

28 September 2020

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony" or the "Group")

UK Airport Group introduces biodegradable security bag

Symphony Environmental Technologies Plc (AIM: SYM), a global specialist in technologies that "make plastics smarter" is pleased to announce that AGS Airports Ltd ("AGS"), which operates Aberdeen, Glasgow and Southampton airports has become the first UK company to trial a new oxo-biodegradable 100 ml security bag.

The switch to oxo-biodegradable security bags is the latest initiative introduced to help reduce AGS's carbon footprint. AGS has joined over 200 airports across Europe in signing ACI Europe's NetZero 2050 pledge, a commitment to achieving net zero for the carbon under their control by 2050.

At a UK level, AGS is a signatory to Sustainable Aviation's decarbonisation roadmap, which is the first national net zero aviation commitment anywhere in the world. Symphony's oxo-biodegradable plastic bags have been introduced in partnership with Enviro-point, a subsidiary of airport service company Luggage-point.

Plastic bags and packaging made with Symphony's d(2) w are just as strong, waterproof and flexible as regular plastic and can be used for all the same intents and purposes.

However, unlike regular plastic, d2w security bags do not create persistent microplastics, and if they escape collection and end up in the open environment as litter, the d(2) w will accelerate the natural process of oxidation. Reducing the molecular weight of the polymer until it is no longer a plastic and can be bio-assimilated (i.e. used as a food source) by fungi and bacteria on land and in the ocean. This happens in the same way as nature's wastes and much, much faster than regular plastic, drastically reducing dwell-time in the environment.

It is estimated that approximately 8 million tonnes of plastic end up in the oceans of the world each year (source: Ocean Conservancy organisation) with approximately 80% of the plastic originating in land.

Mark Johnston, COO at AGS, said "Finding a suitable alternative that met both security and operational requirements while retaining the necessary resilience the bags require was a challenge, so we are really pleased to be able to trial a product that can not only be re-used and recycled, but also provides our passengers with the assurance that they are also supporting our efforts to protect the environment."

Graeme Stewart, CEO, Enviro-point commented "We have a long and trusted relationship with AGS through our association via Luggage-Point and I am delighted to see the group become the first in the UK to provide Oxo-Biodegradable liquid bags within their airports. Despite the current challenges facing the aviation industry, it is vital that we do not lose sight of environmental issues and as AGS has demonstrated, positive changes can still be made during these difficult times. I hope to witness further airports making the same positive change by introducing Enviro-Point's Oxo-Biodegradable liquid bags, as small changes can often have the largest impact."

Symphony's CEO, Michael Laurier said "We are delighted Enviro-Point has embraced d(2) w as their Technology of choice for the new oxo-biodegradable 100 ml security bag, supplied to AGS Airports Ltd, because it allows passengers to keep using the best product for the job, without the environmental consequences associated with plastic."

gemlotte55
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