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SYM Symphony Environmental Technologies Plc

3.50
0.00 (0.00%)
Last Updated: 00:00:00
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% 3.50 3.00 4.00 3.50 3.50 3.50 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Plastics,resins,elastomers 6.15M -2.89M -0.0156 -2.24 6.47M
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 3.50p. Over the last year, Symphony Environmental T... shares have traded in a share price range of 2.10p to 10.00p.

Symphony Environmental T... currently has 184,806,833 shares in issue. The market capitalisation of Symphony Environmental T... is £6.47 million. Symphony Environmental T... has a price to earnings ratio (PE ratio) of -2.24.

Symphony Environmental T... Share Discussion Threads

Showing 6776 to 6795 of 7450 messages
Chat Pages: Latest  274  273  272  271  270  269  268  267  266  265  264  263  Older
DateSubjectAuthorDiscuss
30/11/2020
08:51
Also has anti-Virus degradable plastic supermarket shopping bags on trial with supermarkets in America
johnwise
30/11/2020
08:44
Symphony Environmental shares shoot up 16% on impressive Covid test result

The results were impressive. The d2pAM glove showed a 99.99% virus-reduction after only one hour of contact.

johnwise
27/11/2020
09:02
A bit of good news for you guys!, not invested as all funds in NCYT but this should help SYM holders!👍
uk2day
20/11/2020
11:29
Not much buying here.Lots of positive news. Fair few have this stock in their portfolio.
46maxon
16/11/2020
10:54
Hmm - lets see how this one goes - it may have legs.
swiss paul
16/11/2020
08:07
New d2p product launch
Mon, 16th Nov 2020 07:00

RNS Number : 3492F
Symphony Environmental Tech. PLC
16 November 2020

16 November 2020



SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony" or the "Group")

New d2p Product Launch

Symphony Environmental Technologies Plc (AIM: SYM), a global specialist in technologies to enhance the properties of plastic and some non-plastic products, is pleased to announce the launch of SYMFresh, a new reusable press n' seal fruit and vegetable bag. The SYMFresh bags have been developed to keep climacteric fruit and vegetables fresher for longer.

Climacteric fruit and vegetables release ethylene gas when placed or packaged in a plastic bag which causes accelerated ripening and decay of fruit and vegetables. This maturation can alter the colour and texture of the produce, effectively shortening the shelf life.

The new SYMFresh bags have been made with Symphony's d2p ethylene adsorber technology, a microporous structure which adsorbs and traps the ethylene inside the film, delaying ripening and regulating moisture, to slow down the drying out process. By conserving the nutritional qualities, crispness and flavour of the fruit and vegetables, SYMFresh bags are proven to extend the shelf life of such produce by up to 40%.

According to figures produced by WRAP (Waste and Resources Action Programme) an estimated one third of all food produced globally goes to waste. The UK alone wastes approximately 6.6 million tonnes of food annually with households accounting for 70% of this figure, and 34% of this wastage consisting of fruit and vegetables.

Food waste is not just a humanitarian problem but is also an environmental one. Rotting food generates methane, a powerful greenhouse gas, 25 times more potent than carbon dioxide, and 11% of methane emissions come from food.

For further information a dedicated website with video link has been launched at hxxps://www.sym-fresh.net/

Michael Laurier, CEO of Symphony, said: "After more than 3 years of development, we are delighted to launch the first retail consumable product made with d2p ethylene adsorber technology. This is part of a wider product development program, whereby we are meeting global demand to reduce food waste and to increase our product offering to existing and new markets. Albeit early stage, conversations with our distributors on this new technology have been positive and we are hopeful SYMFresh will become a complementary as well as a commercially valued product alongside our existing product range."

www.d2w.net and www.d2p.net

Enquiries

Symphony Environmental Technologies Plc


Michael Laurier, CEO

Tel: +44 (0) 20 8207 5900

Ian Bristow, CFO


www.symphonyenvironmental.com




Zeus Capital Limited (Nominated Adviser and Joint Broker)


David Foreman / Nick Cowles / Kieran Russell (Corporate Finance)

Tel: +44 (0) 203 829 5000

Dominic King / Victoria Ayton (Sales

gemlotte55
11/11/2020
07:57
They would be better investing time and money in the markets where they have have studiously avoided. Maurier is vanity - profit is sanity!
PS market not convinced - notice the steady decline!

swiss paul
09/11/2020
21:14
Good piece , one that echo 6 months ago about the ban
Also why was frustrated with SYM spending money on Lobbyist , can understand why but the truth will come but not in the EU

thordon
09/11/2020
14:29
Blimey, surely they could RNS it for clarity. Comon SYM
46maxon
09/11/2020
10:39
Revisiting after a year - Does not yet seem to be a resolution as to whether SYM's produsct is biodegradeable (ie:- Compostable - or oxo-degradable leaving microplastics behind).


Supermarkets demand ban on ‘danger’ oxo-degradable plastics 23 October 2020


Clarification?

pugugly
03/11/2020
10:08
This is pants. Lots of positive news from the company, right climate, trickle down. Eh?
46maxon
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
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