bosley
- 20 Feb 2004 09:34
bhunt1910
- 28 Nov 2005 09:04
- 13050 of 27111
Morning Gents - I am feeling a might more optimistic this week - that should put the mockers on SEO.
Baza
bhunt1910
- 28 Nov 2005 09:35
- 13051 of 27111
Stanelco PLC
28 November 2005
28th November 2005
Stanelco plc ('Stanelco')
Appointment of new Chief Executive and Executive Vice-Chairman
Stanelco plc, the RF applications group, is pleased to announce the appointment
of Martin Wagner as Chief Executive Officer. Ian Balchin, who has served the
Company as Chief Executive over the past five years becomes Executive Vice-
Chairman.
Martin Wagner, 49, joined Stanelco in August 2005 as Commercial Director of
Stanelco RF Technologies Limited. Previously Martin was Head of Packaging
Development at ASDA Stores Limited where he spent five years heading up a number
of different commercial teams delivering both significant savings to the
business and leading ground breaking strategic initiatives. Martin was directly
involved in ASDA's adoption of the GREENSEAL technology project. Martin brings
to Stanelco his experience of working directly in the food and beverage supply
industry as well as the healthcare and pharmaceutical industries at director
level. Whilst formerly part of the Executive Management Group at ASDA, Martin
has not held any directorships in the last five years.
Martin Wagner, Chief Executive, Stanelco plc commented: 'I am delighted that Ian
and the Board have given me this opportunity. I am looking forward in particular
to making a major contribution to the adoption of Stanelco's GREENSEAL
Technology and Starpol 2000 packaging materials within the food and retailing
industries.'
Ian Balchin, Executive Vice-Chairman Stanelco plc commented: 'I am delighted
that Martin has accepted this role to lead Stanelco through the
commercialisation phase of the Company's development. Martin is particularly
well placed to accelerate delivery of our GREENSEAL and Starpol technologies to
retailers and their supply chains. I will now be able to focus on projects that
will take the business forward at a strategic level and look forward to
continuing to make a significant contribution in this new role.'
Philip Lovegrove, Chairman Stanelco plc commented: 'Over the last few years
Stanelco has undergone a period of dynamic change in direction and recently has
been almost exclusively a research and development company. We have now reached
the point where the projects that we have been working on are being
commercialised. This part of the Company's development requires a different
skill set from the Chief Executive and we are delighted to have attained those
requirements by appointing Martin Wagner to take the Company into this exciting
phase and to fulfill its considerable potential. With Martin and Ian working
together in their new roles we are well positioned to fully exploit our chosen
markets.'
Ends
For further information please contact:
Ian Balchin, Executive Vice Chairman
Stanelco PLC
Tel: +44 (0)2380 867 100
Jonathon Brill/Billy Clegg
Financial Dynamics
Tel: +44 (0)20 7831 3113
hunter
- 28 Nov 2005 09:52
- 13052 of 27111
LUDWIGSHAFEN, Germany (AFX) - BASF AG said it plans to launch next spring on the Euoprean market a new biodegradable plastic based on renewable raw materials.
The product, called Ecovio, is also to be launched in Asia and North America in 2006.
No financial details were disclosed.
In the next five years, BASF expects the world market for biodegradable plastics to grow by more than 20 pct per year.
Red Erik
- 28 Nov 2005 10:41
- 13053 of 27111
Oblomov you know nothing about me, so cut the factless self-opinionated garbage, you don't have a degree in psychology, so your claims against me are worthless, and your just showing people here that you cannot handle opposition
Erik the Red
greekman
- 28 Nov 2005 10:45
- 13054 of 27111
Oblomov,
Yes I agree I should have said Trademarks, not Patents. But as obviously I am prone to the odd mistake, and you are not, as you say subject closed.
Red Erik
- 28 Nov 2005 10:45
- 13055 of 27111
Hunter good find, looks interesting and here is a bigger version of the story
http://www.plasticsnews.com/china/english/headlines2.html?id=1132239114
BASF AG of Ludwigshafen, Germany, is expanding its Ecoflex-brand natural plastic line with Ecovio, a PLA-based product that can be mixed with standard Ecoflex, which is polyester-based.
Ecovio production began in late October at an undisclosed location in Germany, according to biodegradable polymers business head Dietmar Heufel. Heufel and other materials executives spoke at Commercializing Bioresins 2005, an industry conference Nov. 7-9 in Atlanta.
The material is expected to be commercially available in the United States in the second half of 2006 and will be aimed at applications in carrier bags and packaging film.
BASF currently produces about 8,165 tonnes of Ecoflex annually at a site in Ludwigshafen. The firm will add about 5,900 tonnes of annual production of the material early next year in Schwarzheide, Germany.
That means it is no competition to Starpol, it is competition for Natureworks PLA, but at a very low volume in comparison, also it mentions mixing it with polyester, a petrol based plastic, not much point in that from an environmental point of view really
Erik the Red
greekman
- 28 Nov 2005 10:49
- 13056 of 27111
As usual, if news is released, different to one expected, the sells out number the buys. The news released is good news, as obviously the packaging products are going well.
bhunt1910
- 28 Nov 2005 10:54
- 13057 of 27111
I read it as very positive news as it means that SEO are movung forward to the next stage which means that Ian can focus on the future whilst Martin can focus on bring home the goods on Greenseal and Starpol.
I wonder if it was a promotion on deliverimg a major contract ???
Baza
Red Erik
- 28 Nov 2005 10:54
- 13058 of 27111
Greekman yes the news is very good, hopefully it will allow EVO to do an update, and we might get some more positive vibes from it, and some more institutional buying
Erik the Red
Red Erik
- 28 Nov 2005 10:57
- 13059 of 27111
Baza they do say "Martin was directly involved in ASDA's adoption of the GREENSEAL technology project" he was possibly involved it the Air Pillow deal too, news of which seems to be held back for the trading statement ?
Erik the Red
Red Erik
- 28 Nov 2005 11:03
- 13060 of 27111
A couple of bits I like from the RNS
Martin is particularly well placed to accelerate delivery of our GREENSEAL and Starpol technologies to retailers and their supply chains
we are delighted to have attained those requirements by appointing Martin Wagner to take the Company into this exciting phase and to fulfill its considerable potential.
Erik the Red
greekman
- 28 Nov 2005 11:32
- 13061 of 27111
Red Erik,
Agree. Also if there was bad news re the 30 day trial, apart from having to release such news they would be treading on very dangerous ground re making statements as those made in the RNS.
oblomov
- 28 Nov 2005 11:41
- 13062 of 27111
'Ian Balchin, Executive Vice-Chairman Stanelco plc commented: 'I am delighted that Martin has accepted this role to lead Stanelco through the
commercialisation phase of the Company's development.'
Wouldn't that already have been his role as Commercial Director?
bhunt1910
- 28 Nov 2005 12:14
- 13063 of 27111
Oblo - yes - but now I think he has taken over overall control so that Ian can concentrate on other things. Focus
I see this as a buy signal
Baza
greekman
- 28 Nov 2005 12:15
- 13064 of 27111
As chief executive officer Martin Wagner is now the highest-ranking corporate officer or executive officer of SEO, and the fact that as such he can selects his own team to work with perhaps means they require a bigger team and he has been chosen to lead such a team. He also has the right to hire and fire, which means that he has the opportunity to pick a team that will function, in the probable expansion of the company. This can only be an indication that things are going well.
bosley
- 28 Nov 2005 12:22
- 13065 of 27111
i hope so , greekman.
garyble
- 28 Nov 2005 12:30
- 13066 of 27111
Oblo,
I believe Martin Wagner was Commercial director for Stanelco RF Technologies Ltd, he's now CEO for Stanelco Plc. This gives him a much bigger stick and overall control of the various subsidiaries.
Greenseal being a product of Stanelco RF Technologies and "Starpol (TM)" supplied by Biotec.
Stanelco Plc being the parent of: Stanelco RF Technologies, Stanelco Inc, Aquasol Limited, Adept Polymers Limited, Biotec...
I too see it as extremely good news, and inidicative of the progress Mr Wagner has made thus far. I presume his commercial skills in this position will add to improved efficiency of Stanelco's commercialisation.
oblomov
- 28 Nov 2005 12:36
- 13067 of 27111
Garyble,
thanks for that - you're quite right. I hadn't made the distinction between the two companies. It makes more sense now.
garyble
- 28 Nov 2005 13:03
- 13068 of 27111
I have not completely finished my search yet on the STARPOL (TM) issue, but the Staley and Lendell Starpols are completely different materials so I presume one of the reasons for the dual tm, plus their appaerance might have been quite different.
The stanelco Starpol could very well be significantly different to the form of the Lendell product. Its certainly chemically different!
greekman
- 28 Nov 2005 13:07
- 13069 of 27111
Oblomov,
That's Ok we all make mistakes if we don't pay attention. Not having a dig just proving a point.