bosley
- 20 Feb 2004 09:34
tweenie
- 14 Dec 2005 07:05
- 13598 of 27111
14 December 2005
Stanelco plc (Stanelco or the Company)
Stanelco announces Landmark Cooperation
Deal with Perseco
Stanelco is pleased to announce that it has entered into a landmark cooperation deal with Perseco (www.perseco.com) for the two companies to participate in a joint effort to explore Stanelco's technologies, with a view toward developing materials and products that are focused on fulfilling Perseco's growing requirements for environmentally friendly, cost effective, innovative packaging solutions.
Perseco, a subsidiary of HAVI Global Solutions (www.havigroup.com), is an international leader in Packaging and Supply Chain Services to the food service and beverage industries. Working with global manufacturers, distributors, shippers, logistics experts and other partners in the supply chain Perseco plan and execute creative, customized logistics, promotions management, packaging innovations and cost effective solutions. Amongst their clients are some of the worlds leading fast food brands in the US.
Stanelco plans to update the market on trading and other developments shortly.
Howard White, Group Managing Director of Stanelco, commented:
We are delighted that Perseco have acknowledged that Stanelco has some of the most advanced packaging technology in the world. This includes both our range of biodegradable food packaging materials from Biotec as well as the technologies within the Companys other subsidiaries. With this cooperation Perseco will partner Stanelco with a number of their global resource suppliers both to present packaging solutions and to achieve sustainability in materials throughout Perseco's packaging offerings.
- Ends
For further information, please contact:
Martin Wagner, Chief Executive
Stanelco PLC
Tel: +44 (0)2380 867 100
Jonathon Brill/Billy Clegg
Financial Dynamics
Tel: +44 (0)20 7831 3113
About Stanelco plc
The Stanelco Group of companies (the Group) has brought together expertise in radio frequency (RF) technology, RF applications and biodegradable material sciences to create a revolutionary range of packaging technologies.
Stanelcos philosophy is that new products and processes must offer solutions and applications which:
give higher added value,
are greener, more environmentally sustainable than those they replace and
have protectable intellectual property rights.
Stanelco will develop the products and processes to a demonstration stage and then work with partners in order to reach the markets; and under these circumstances Stanelco will usually seek to license its technology. Stanelco invests considerable time and resources in ensuring its technologies are protected via layers of patents wherever possible.
In this way Stanelco believes it can minimise commercial risk and preserve the highest value for shareholders.
The products offering the prospect of near term revenue generation are being given priority over the Groups resources.
Stanelco was founded in 1953 and is a world leader in the development of radio frequency technologies for processing polymers for edible and packaging applications and the design and manufacture of optical fibre technology, induction heating and dielectric welding equipment. Stanelcos current developments include GREENSEAL Food tray lidding technology, STARPOL (starch / pva blended material), STARPOL 2000 (highly functional, low cost biodegradable packaging material with food contact approvals) FrogPack high impact low cost packaging format, CradleWrap range of biodegradable air cushion packaging, Soluble tape, 100% water-soluble films and adhesives, Biodegradable Airbag (void fill) packaging, edible hard-shell capsule technology, water-soluble detergent capsules, edible sachets and waste packing.
GREENSEAL, STARPOL, FrogPack and CradleWrap are all trademarks of the Stanelco plc group.
hewittalan6
- 14 Dec 2005 07:05
- 13599 of 27111
At last. Got one!!
tweenie
- 14 Dec 2005 07:08
- 13600 of 27111
Not quite what I was hopeing for, but non the less a taster of bigger better things to follow shortly.
hewittalan6
- 14 Dec 2005 07:09
- 13601 of 27111
Perseco.
That would be MacDonalds and Coca Cola then.
Bema
- 14 Dec 2005 07:17
- 13602 of 27111
well they call it Landmark and again it sounds good........................
but i want an RNS, any RNS with some figures in.
bhunt1910
- 14 Dec 2005 07:18
- 13603 of 27111
......and confirmation of a trading update which I think must happen by Tuesday at the very latest.
Even though its good news - its not what the market is expecting = another collaboration - no indication of size of revenue.
tweenie
- 14 Dec 2005 07:20
- 13604 of 27111
OH yes.
hewittalan6
- 14 Dec 2005 07:24
- 13605 of 27111
Still think a collaboration with the guys who supply packaging to MacDonalds and Coca Cola is a good thing for a packaging company.
PapalPower
- 14 Dec 2005 07:33
- 13606 of 27111
And it does say "Stanelco plans to update the market on trading and other developments shortly."
Tomorrow would be nice, but willing to wait a week, as my Champion Invest needs a boost if I want to get this months number 1 spot.
For whats its worth, it is a Landmark deal, and this should be a real deal that leads to things for Stanelco. I will be buying in this morning for real.
bosley
- 14 Dec 2005 07:45
- 13607 of 27111
bema , i share your sense of disappointment.
bhunt1910
- 14 Dec 2005 07:52
- 13608 of 27111
I wonder if the market will also share that disappointment - more jam tomorrow
....or will it wait for the close statement before making a judgement !!!
Very Interesting
bhunt1910
- 14 Dec 2005 08:04
- 13609 of 27111
Bid higher than offer ??
Biscuit
- 14 Dec 2005 08:06
- 13610 of 27111
A great announcement, a foot firmly in the door with McDonald's and Coca Cola, things are building up very nicely.
ssanebs
- 14 Dec 2005 08:09
- 13611 of 27111
this is a deal which will give seo access to the major us companies with perseco implementing the products to its customers rather than seo going to each one individually. This is eccellent news.
driver
- 14 Dec 2005 08:51
- 13612 of 27111
I always thought that SEO was to small at this stage to get a fall blown deal with Mc Donalds the joint effort with Perseco is what Seo needed, early days.
Research Page updated
42 Stanelco announce's that it has entered into a landmark cooperation deal with Perseco
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
Biscuit
- 14 Dec 2005 08:52
- 13613 of 27111
"Stanelco plans to update the market on trading and other developments shortly."
Interesting line
KingKonggb
- 14 Dec 2005 09:29
- 13614 of 27111
Don't get me wrong, a fine deal/agreement for SEO. Yet another foundation in the long term building plan.
However for those who want to see the SP spike by a significant amount are probably gonna have to wait alot longer. Main reason, the market wants to see immediate revenue figures. If SEO announced that they had signed a deal with Perseco that will yield an estimated 50million contract within 3 years then the SP would have shot up.
Market does see potential , no doubt, but it also likes actual figures!!!
IMHO
Kong
bhunt1910
- 14 Dec 2005 09:33
- 13615 of 27111
Well lets hope that comes in the trading statement
ssanebs
- 14 Dec 2005 09:50
- 13616 of 27111
the EVO update tomorrow will give some figures
nicksig
- 14 Dec 2005 10:07
- 13617 of 27111
Any particular reason for that flurry of activity around 10am?