Symphony Environmental T... Share Discussion Threads

[this_is_me] 31/12/2021 09:59

Rise supported by large volume.

[whentobuy] 31/12/2021 09:19

Great positive bounce today. Any news?

[10076968] 30/12/2021 09:52

Shame really as the products are excellent, but the problem is that the company is ran by a bunch of clowns. An RNS from them is like saying "Look at this lovely flower on my lapel", then when you do look all you get is a big squirt of water in your eye!!

[dutch123] 29/11/2021 16:49

Think that rnsnon deserves a placing.

[swiss paul] 24/11/2021 14:19

DEFRA are seeking views on proposals to ban commonly littered items. This could include single use items such as single use PPE in the wider public domain as well as things like wet wipes:
Links are here:
SUP Consultation:

Call for Evidence:

The proposed restrictions on plates, cutlery and balloon sticks will include all plastics, including bio-based, biodegradable and compostable plastics.
It is proposed bowls and trays are included in the definition of ‘plates’.
We are considering excluding plates, bowls and trays used as packaging from this ban, except those used in ‘eat-in’ settings.[1] For example, a single-use plastic plate filled with food at the point of sale would fall under the definition of packaging.
It is proposed that extruded polystyrene food and beverage containers should be within the scope of the ban on expanded polystyrene containers. Any reference to expanded polystyrene containers in this consultation should be read as including extruded polystyrene containers.
It is proposed that the ban will be enforced through civil sanctions set out in regulations under Part 3 of the Regulatory Enforcement and Sanctions Act 2008. This will require us to make breaches of the ban a criminal offence; however, our expectation is that enforcement authorities would apply civil sanctions in the first instance.
It is proposed the ban on these items will take effect from April 2023, with the legislation being laid in Parliament prior to this.

[swiss paul] 19/11/2021 14:06

MAJOR EXPANSION INTO INDIA


INDIA Here we come.
Symphony Environmental Technologies Plc (AIM:SYM) global specialists in technologies that make plastic and rubber products "smarter, safer and more sustainable" is delighted to announce a strategic alliance with a team of specialised and experienced people in India who understand the culture and business requirements of a country with 17.7% of the world's population.

Symphony Environmental Limited ("Symphony UK") a wholly owned subsidiary of the Company, has therefore entered into an agreement to form a joint venture ("JV") company in India with Indorama India Private Limited ("Indorama"), a wholly owned subsidiary of Indorama Corporation Pte. Ltd., ("Indorama Corporation"). The JV company, called Symphony Environmental India Pvt Ltd ("Symphony India"), will have an initial share capital, the equivalent in Indian currency, of GBP 100,000. The shares of Symphony India will be held 46.5% by Symphony UK, 46.5% by Indorama and 7% by Mr. Arjun Aggarwal, an Indian citizen, who has been appointed Managing Director of Symphony India.

Mr Aggarwal is one of India's prominent young entrepreneurs, who has introduced a portfolio of modern technologies that are in line with the aspirations of India's young demographic profile.

Symphony UK has awarded Symphony India an exclusive Distribution Agreement to market and sell Symphony's d2w and d2p masterbatches in India. Symphony India will also be promoting the importance of Symphony's scientifically-proven d2w technology to protect the environment, and its d2p technologies to protect human health. The parties are already preparing an active programme of media communications and direct selling.

The use of plastic in India is increasing because it is the lowest cost option, and is by far the best material for protecting food and water from contamination and preventing food waste and disease. However, India also has an environmental problem in common with most of the world with plastic pollution. Trying to ban plastic is not the answer, but using d2w technology could effectively and significantly reduce the issue of plastic pollution without job losses, factory closures or increases in Co2 emissions. In future, if d2w enhanced plastic does escape into the environment the plastic will safely biodegrade instead of lying or floating around for decades and creating microplastics.

The products sold by Symphony India will be produced mainly in India, under licence from Symphony UK, as this will be both cost-effective and environmentally-friendly. The parties have negotiated a Manufacturing and Product Development Agreement with the Bihani Manufacturing Company Ltd., ("Bihani") in New Delhi, who have been supplying Symphony UK for nearly ten years. Their manufacturing facilities have been and will continue to be audited by Symphony's Technical Dept.
Michael Laurier, CEO of Symphony said: "For the Group to expand successfully in India it was essential for us to form an alliance with a strong Indian partner. We have no doubt that Indorama is the right partner, as it is a substantial company well respected in India, with the right commercial credentials. This is an expansion of our current activities in India and we consider the Indian market to be ripe for significant sales growth."

Amit Lohia, Group Vice Chairman of Indorama Corporation, said: "Protection of the natural environment, and the health and safety of the people are very important objectives in India today, and Symphony's technologies will help to address those objectives."

Arjun Aggarwal, MD of Symphony India said: "The formation of a Joint Venture company in India is an important milestone for both Symphony and Indorama. It will lay the foundation of a truly Swachh Bharat (clean India), the vision of our Prime Minister Narendra Modi. Plastic biodegrading automatically will ensure that our planet's newest continent - plastic waste - does not grow any further."

Jaideep Bihani, Director of Bihani said: "Innovation and sustainability have always been an integral part of Symphony's portfolio, and Symphony's tried and tested d2w products resonate with the Indian Government's vision, initiatives and policies. At the same time, d2p masterbatch technology will change product conception and design in agriculture, food packaging, healthcare, and many other applications. We will be working closely with Symphony India to ensure efficiency and maintaining the high standards of quality set by Symphony UK."

[troy] 24/9/2021 08:37

Yet another fund raise..........directors Jags must need replacing.

[jsforum] 22/9/2021 14:42

Where's Wally ? (Laurier)In the eye of the pandemic storm SYM confirm their technology can resist Covid and we get excited but all it leads to are safer bus seats in some town in Brazil and an obscure contract with a dubious Hong Kong company Now we learn there is a CO2 shortage and food packers cant keep products fresh as they dont have enough gas. But wait a second Symphony has a plastic that makes food stay fresher for longer. So where is Wally ?

[swiss paul] 17/9/2021 12:27

just watch they don't talk the price down and then swoop in - Look at the Octagonal board

[johny cash] 17/9/2021 10:45

45% up. I like the lifestyle.

[swiss paul] 16/9/2021 21:08

Well they tried ot slip this under the radar:
Corporate agreement to acquire not less than 2.5% and not more than 20% of Symphony's total share capital

Do I smell a rat? IS it that Mr Laurier and a concert party will be looking to take the coy private? Can they not think of doing something with the cash that would be a better use. You know something like Algae into energy - yikes I forgot they already tried that one. No mention of it in todays RNS!

Anyway where are they getting the cash to buy back the shares - erm I did not realise that we where holding that much cash? Or Do we perceive another deal with Vincel Investment Holdings Limited (Shruti Lohia,).

So Nicolas / Michael do we think the lifestyle needs a boost?

[laughingmike] 16/9/2021 11:10

I've only been an investor for just over a year, I love their potential products but also see the truth in comments regarding it as a lifestyle company.

Does anyone know the potential turnover value of the bread packaging?

Is this product the closest to the "jam tomorrow" becoming reality they have had?

[gemlotte55] 16/9/2021 10:50

Spot on, they are renowned for over promising!
But with Meditech buying at least 2 percent up to 20 percent at no more than 35p it gives me some hope..
Im holding for one more year to see.

[bbmsionlypostafter] 16/9/2021 09:40

LOLS!!

They've told us they believed they're about to deliver for nearly 20 years & have mislead the market & shareholders with promises of jam tomorrow many times.

SYM is a lifestyle company. After all this time & the turnover/profits of a corner shop how anyone can think it is anything else baffles me.

[bad gateway] 16/9/2021 07:46

Quite a bit baked in with the £49m marketcap but they do seem to believe they're about to deliver so see how the market takes it.

[best1467] 16/9/2021 07:16

Yes it’s time to deliver disappointing numbers considering but numerous opportunities but they need delivery

[jsforum] 06/9/2021 13:27

That's because progress has been slow and it's always jam tomorrow. The bread packaging, Covid resistant plastic and EU legal redress could turn this around but it's still a lifestyle company in the eyes of many

[johny cash] 04/9/2021 10:28

This is one of those little gems.Very quiet board considering what we have out there.

[babbler] 02/8/2021 08:16

Probably an auto executed trade with stop.

[dave4545] 02/8/2021 08:10

whoosh

That 400k seller must be crying in their cornflakes, cannot believe anybody would sell way below a price and not even try and split the trade. £28000 difference now

500k buyer obviously knew something was coming eh