for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

dormar, i think you have brought back up an interesting point , in that, the supply agreement with natureworks rns is still unclear to me. are seo (starpol) supplying natureworks or the other way round? i got the impression that nw are supplying the pla for starpol in a way that helps reduce the cost of making starpol, bringing it closer to the cost of plastic. are seo then supplying nw with starpol as a finished product?

Hi Bos,

Yes, the Natureworks RNS was unclear, but I'm as sure as I can be that it relates to the supply of NW's Polylactic Acid ( PLA ) to SEO for use in the manufacture of
Starpol. PLA is a biodegradeable plastic in it's own right and is used in sandwich holders and salad containers already. I think they also supply it to Coca Cola, as well as many others ( Walmart? ).

What I don't know, is whether Biotec have always obtained their PLA for the manufacture of Starpol from NW, or whether the recent NW supply agreement was merely the re-negotiation of an existing arrangement. The T&G report certainly refers to re-negotiations that have brought down the cost of Starpol, so maybe that is the case.

As for whether SEO are supplying NW with Starpol in return, I would guess not. I can't see what the benefit of that would be to Stanelco. If Starpol and PLA are aimed at different but complimentary markets, than Stanelco would surley want to supply their market direct.

Hi all,
Gotta go to the dentist now (again). Look after it for me while I'm out!!LOL
Alan

dormar, here is the rns in full.

Stanelco PLC
30 August 2005


30 August 2005



Stanelco PLC ('Stanelco' or 'the Company')

Supply Agreement with NatureWorks LLC



Stanelco, the radio frequency (RF) applications Group, is pleased to announce
that it has entered into a supply agreement with NatureWorks LLC, a wholly owned
subsidiary of Cargill Inc. The agreement covers the supply of NatureWorks PLA,
(Polylactide, a starch derivative), which is the largest component of Stanelco's
recently announced Starpol 2000TM range of biodegradable, compostable plastic
materials.


This relationship will materially assist commercialisation of Starpol 2000TM
into Stanelco's target application segments and it is planned that a minimum of
15,000 tonnes of Starpol 2000TM will be produced and sold within the next 12
months.


Starpol 2000TM is available in a range of blends that can be formed into sheet
material for products such as short shelf-life food trays, modified atmosphere
packaging (MAP) trays and blown films for a diverse range of products including
carrier bags, compost bags, waste bags and agricultural films


Howard White, president of Stanelco Inc and Stanelco PLC group managing director
said:


'This is a landmark agreement that further demonstrates the materials created by
Biotec are both ground breaking and commercial.. We have been actively carrying
out pre-production runs of the material with a number of major corporations in
both the Europe and North America. Starpol 2000TM has demonstrated a
functionality far beyond any other current biodegradable alternative and at an
overall cost that is competitive with the existing plastics used in our target
market, namely food packaging. We are also in trials with our partners for
several variations of the material to be used for a number of applications such
as shopping bags, waste bags and a variety of general packaging usages.



Just as importantly, the material is also easily sealable with our GREENSEALTM
technology project which continues, to progress well and which will enable us to
offer a complete biodegradable, environmentally responsible packaging solution
at a competitive cost'



Snehal Desai, NatureWorks LLC Commercial Vice President said:



'We are delighted with the diversity, functionality and competitiveness of the
Starpol 2000TM range of products and believe the marketplace will welcome this
broad extension of offerings of NatureWorks PLA based materials.'
-------------------------------------------------------------------------------


it seems quite clear and very encouraging all the way through until you get to the last paragraph. it's the quote from nw that causes the confusion for me.

ian t, cheers.

Eric - I'm not so sure. All that time when PM1 was filling our lives with google-fodder, you claimed to be in Thailand (with jus the occasional post to keep you alive in our minds). Now PM1 is gone there suddenly seems a whole lot more coming from you.

I guess you though that your PM1 persona had achieved enough by ramping the SP down to 12p just so Baza (happy birthday to you!) could top up at a decent price. Now that there is no more work to be done, you've come back in your old form to claim the victory as it rises up to 30p-by-Xmas.

Makes you wonder doesn't it!

sd

Hey, Stockdawg. I can vouch for Uncle Eric... I fine statesman of age-defying stamina, I have had the pleasure of his comapany on the M-AM Golf Day in June. There is only one Eric! Must admit though - his tips are costing me a small fortune, at the moment. Sorry, eric! :o(

Eric is PM in disguise !!!!

I don't think so, guys (and no, yours truly is defo not PM1, before you ask!).

Bos

I see what you mean.

To make any sense of what precedes the last paragraph, I supppose you have to take it to mean that NW are delighted that Stanelco are putting their PLA to such good use, and that they are pleased that it adds to the general end uses of NW's PLA based materials ( that aren't necessarily all supplied by NW themselves ) !!

The one thing I do notice from re-reading the RNS, is that they are not just talking about Greenseal uses of Starpol. They also mention carrier bags as well as other types of bags. If i'm right about the main difference between Starpol and PLA being the formers RF compatability, then Starpols mention in relation to these bags implies that RF would be used in the bags manufacture.

We'll no doubt know more in the coming weeks and months.

Cheers

D

Only joking

I think there is a steady buyer behind the scenes at 17.5.

Every time a 25000 offer comes up at 17.5 - it quickly diappears - without showing up as an AT trade - this has happened 5 times that I have spotted in the last 30 minutes ??

sd
Behave

Back from the dentist.
Gone 2'o'clock and no RNS. The day trippers are getting back on their coaches to go home and the price goes back to the start. To be expected I suppose. Tomorrow may well do the same.
Alan

Research Page updated with Web Site Link
NatureWorks LLC, a wholly owned subsidiary of Cargill Inc.
http://www.cargill.com/

Asda doing it right.

UK: Asda says new NI stores smash weekly sales targets
18 Oct 2005
Source: just-food.com

By 6 p.m. on Sunday night, a week after opening its first three stores in Bangor, Coleraine and Cookstown and just three days after Ballyclare opened its doors for the first time, Asda had smashed its weekly sales targets by around 30%.

For full article see link.

http://www.just-food.com/news_detail.asp?art=62173

Statement Regarding French Government Decision to Eliminate All Non-Biodegradable
Plastic Bags by January 2010

Stanelco PLC (LSE:SEO), the RF (radio frequency)
applications group, and SP Metal, the leading European manufacturer of
household packaging products, who are joint owners of Biotec Holdings
GmbH and subsidiaries ("Biotec"), welcome the French Government's
decision to eliminate all non-biodegradable plastic bags by January
2010.
Biotec has the capabilities to pioneer, innovate and commercialize
biodegradable plastic bags. With the support of its owners Stanelco
and SP Metal, Biotec is well placed to benefit from the policy and
will be able to gear up manufacturing and have the capability to meet
the demands of the French market by 2010, which will be in excess of
one million tons.
Biotec is one of the world's leading exponents of starch
technology for packaging materials. Biotec's film is suited for
applications where it replaces conventional plastics. The natural
starch used is one of the lowest cost biodegradable, compostable,
replenishable materials.
Howard White, Managing Director of Stanelco said: "We are
extremely pleased the French government has the courage to make this
groundbreaking decision. Until now there has been too much lip service
and political soundbites paid to discussing legislation supporting
environmentally responsible practices - and nothing meaningful has
been implemented."
"This is a way of being responsible to the environment while also
saving millions of barrels of oil, and now is the time for action.
Only legislation can make this happen."
"We have the capability and technology - all we require is the
incentive to implement it. We are very excited at the prospect of
developing and providing products to what will be a huge market."

one million tons blimmy work that one out.

Baza,

just (trying to) get to terms with level 2 and read your earlier post.

As a rough guide, is it reasonable to take it that if the number
of MM's with buy orders exceeds the number with sell orders, with no enourmous difference in shares on either side, that the likely trend in SP is up and vice versa (down) the greater the gap in numbers the other way?

i.e. for example, 6:1 is indicative of a price rise, but 1:6 a fall?

I've read the MAM guide (twice) - probably need to read it again!.

updated Research Page with

France votes for ban on non-biodegradable bags AND
SEO Statement Regarding French Government Decision

http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread

Oblo - normally I would agree - but SEO has over the last few days been sitting at 1:4 a couple of times - and the price has risen.

But normally - yes thats how I read it.

It is great for knowing when to buy or sell. If there are a stack of orders and 6 MM's with orders - you know that the price is going to stick there - but if only 1 and only a few shares - it normally moves and it is a good signal to get your order in

Good Luck