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SYM Symphony Environmental Technologies Plc

3.25
0.00 (0.00%)
25 Apr 2024 - Closed
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% 3.25 3.00 3.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Plastics,resins,elastomers 6.15M -2.89M -0.0156 -2.08 6.01M

Symphony Environmental Tech. PLC Cotripal launches d2p and d2w shopping bags

22/09/2020 7:00am

RNS Non-Regulatory


TIDMSYM

Symphony Environmental Tech. PLC

22 September 2020

22 September 2020

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony" or the "Group")

BRAZILIAN SUPERMARKET CHAIN COTRIPAL LAUNCHES CARRIER BAGS WHICH ARE BOTH ANTI-MICROBIAL AND BIODEGRADABLE

Symphony Environmental Technologies Plc (AIM: SYM), a global specialist in technologies that "make plastic smarter" is pleased to report that the Cotripal Agropecuária Cooperativa ("Cotripal") chain of supermarkets in Brazil, has announced the launch of their new d2w (biodegradable) and d2p (antimicrobial) carrier bags. Symphony are Cotripal's technology partner and Symphony's exclusive distributor RES Brasil are the masterbatch supplier. The bags are made by Plastifilme, who have been using d2w successfully since 2004.

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 important as many carrier bags are never disinfected and are left in the car where microbes can multiply quickly. As the antimicrobial properties are embedded in the plastic, they will never wear off - unlike spraying, wiping, or coating.

Germano Döwich, President of Cotripal said: "Over the years we have aimed to reduce our packaging, to recycle where possible, and also to resolve the issue of 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.

"Cotripal was the first supermarket in the State of Rio Grande do Sul to use d2w to protect the environment. Now we are the first in Brazil to adopt d2p as well for our carrier bags, to protect the health of our customers against microbes in these pandemic times."

Michael Laurier, CEO of Symphony, said "We are delighted to continue our long standing and valued relationship with Cotripal and Plastifilme, and hope that other, environmentally and socially responsible companies around the world will follow Cotripal's lead in protecting their customers and the environment alike."

www.d2w.net and www.d2p.net

See video links:

- https://youtu.be/nSi6_NwUgyY

https://www.symphonyenvironmental.com/resource_type/video/

 
  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   Tel: +44 (0) 203 829 5000 
     (Corporate Finance) 
    Dominic King / Victoria Ayton (Sales) 
 
    Hybridan LLP (Joint Broker)                    Tel: +44 (0) 203 764 2341 
     Claire Louise Noyce 
 

NOTES TO EDITORS:

Symphony Environmental Technologies plc

https://www.symphonyenvironmental.com

For twenty years Symphony have been perfecting their d2w(R) biodegradable technology, which causes plastic to biodegrade much more quickly than ordinary plastic if it gets into the open environment. See www.d2w.net and www.biodeg.org

In addition to d2w, and of growing importance since the Coronavirus pandemic began, Symphony have developed a technology, marketed under their d2p(R) ("designed to protect") brand, which gives plastic antimicrobial properties. It has recently been approved by the FDA in the United States for keeping bread packaging free of bacteria.

They have now received test results from an independent laboratory showing a virus reduction of 99.9% after only one hour against a member of the BETA CORONAVIRUS group of viruses. This is a masterbatch technology which can be incorporated in a wide range of polymer products at an affordable cost, without disrupting the manufacturing process or the supply-chain.

Symphony also has range of additives, concentrates and masterbatches which can be incorporated in a wide variety of plastic and non-plastic products so as to give them protection against many different types of bacteria, fungi, algae, moulds, rodents and insects, and against corrosion, and fire. See www.d2p.net

d2p products also include odour, moisture and ethylene adsorbers as well as other types of food-preserving technologies. Symphony has also launched d2p anti-microbial household gloves and toothbrushes, and is developing a range of other d2p finished products for retail sale.

Symphony has also developed the d2Detector(R), a portable device which analyses plastics and detects counterfeit products. This is useful to government officials tasked with enforcing legislation, and Symphony's d2t tagging and tracer technology is available for further security.

Symphony has a diverse and growing customer-base and has established itself as an international business with 74 distributors around the world. Products made with Symphony's plastic technologies are now available in nearly 100 countries and in many different product applications. Symphony itself is accredited to ISO9001 and ISO14001.

Symphony is a member of The OPA (www.biodeg.org) and actively participates in the Committee work of the British Standards Institute (BSI), the American Standards Organisation (ASTM), the European Standards Organisation (CEN), and the International Standards Organisation (ISO).

Further information on the Symphony Group can be found at www.symphonyenvironmental.com and twitter @SymphonyEnv See also Symphony on Instagram. A Symphony App is available for downloading to smartphones.

About Cotripal:

Cotripal Agropecuária Cooperativa ("Cotripal") was founded in 1957, with 29 farmers in the municipality of Panambi - RS. There are currently 4,240 associate producers and 2,217 employees. The cooperative has business units in the municipalities of Ajuricaba, Augusto Pestana, Bozano, Catuípe, Condor, Eugênio de Castro, Ijuí, Nova Ramada, Panambi, Pejuçara and Santa Bárbara do Sul and covers an agricultural area of 85 thousand hectares.

Cotripal's retail business includes six supermarkets, four department stores, four petrol stations and three pharmacies, all located in the state of Rio Grande do Sul, Brazil.

http://www.cotripal.com.br/

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END

NRASESFAFESSELU

(END) Dow Jones Newswires

September 22, 2020 02:00 ET (06:00 GMT)

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