bosley
- 20 Feb 2004 09:34
rmhyams
- 24 Apr 2006 23:56
- 16109 of 27111
For Oilywag.
Please ask the Directors the following:
1. Why have the company changed their stance regarding the lack of updates in the last year.
2. What are the problems with Greenseal? When will the company sort them out? Don't take any bull. (They obviously haven't or else there would have been an RNS to say that they had).
3. Given that the company has a lot of potentially commercial products, why hasn't the company sorted out their management structure to reflect the incredible possibilties the company has, and so minimize the poor publicity the company has.
4. Please ask Howard White why he is residing in the UK, and making the occasional trips to the USA. As he is President of Starpol USA, I would have assumed that he was living in the USA and making the occasional trip to the UK. Not good.
5. Martin Wagner was originally taken on to implement the commercialization of Greenseal. Then he was promoted to CEO. Who is now responsible for the commercialisation? And what is Ian Balchin doing nowadays?
I have been very long in Stanelco for a couple of years, and am disappointed in the lack of progress, and information, coming out of the company.
Please don't let the directors fob you off with non answers. If necessary keep asking the question until you get a proper answer. Sorry to be pedantic but we have had little reassurance from the directors for a long time.
PapalPower
- 25 Apr 2006 07:37
- 16110 of 27111
From a post by someuwin :
April 25, 2006 12:01 AM US Eastern Timezone
Stanelco Plc (``Stanelco'' or ``the Company'') -- STARPOL 3000 Moves towards Full Commercialization
ORLANDO, Fla.--(BUSINESS WIRE)--April 25, 2006--Stanelco Plc (LSE:SEO), the radio frequency applications group, is pleased to announce that its joint owned subsidiary Biotec has successfully overcome the final technical hurdles to full commercialization in the development of its revolutionary STARPOL 3000 biodegradable, rigid material.
STARPOL 3000 is a multi layer material that produces a clear plastic type material from a combination of starch materials. This material can be produced at a discount to conventional plastic materials such as APET and Polypropylene. It exhibits high gas barrier properties and is produced from 100% sustainable materials, is entirely suitable for most packaging applications and could revolutionize the plastics market. It can be thermoformed easily, can be supplied in a range of colors and unlike conventional plastics is not susceptible to oil price fluctuations.
The company is engaged in substantive commercial negotiations with a number of large end users including some of the world's biggest companies and with several converters who will be considering Micro Manufacturing Facility contracts around STARPOL 3000. Each MMF will contribute approximately GBP 4 million per annum per 20,000 ton licence plus a small percentage of end product sale price.
The level of interest and the support we are receiving from some of the world's biggest companies affirms Stanelco's view that no other company in the world is able to compete with STARPOL 3000 and it is envisioned that this material will soon become an environmentally and cost effective alternative to APET and Polypropylene (PP).
The revolutionary material can be used for most packaging scenarios where clear plastic is required and has enormous market opportunities. The market that it will be replacing is in the magnitude of millions of tons and this market will be entered into by a substantial number of micro manufacturing plants that will enable converters to manufacture their own resin, thereby ensuring their supply of material and also adding value to their supply chain.
The product has zero petroleum content, and its pricing into the market is determined solely by the price of plastic and bears no relation to manufacturing cost. Therefore the initial pricing will be targeted at approx 10% less than current plastic material in substantial quantity and this will then track the price of APET/PP.
Martin Wagner, Chief Executive of Stanelco, commented: "We are very excited about the potential of our STARPOL 3000 product. Having passed through these final technical tests, we will be moving at pace towards full commercialization and the interest levels from end users and converters has been immense."
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.
Stanelco's 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 minimize 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 Group's 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 fiber technology, induction heating and dielectric welding equipment. Stanelco's 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.
Oilywag
- 25 Apr 2006 07:55
- 16111 of 27111
rmhyams
Thanks for those questions.
I know that I did ask for penetrating questions, but I really did not want them (the board) to be skewered!!!
Lol(ling about)
Papalpower
Great find , good post.
The oily one
hewittalan6
- 25 Apr 2006 08:09
- 16112 of 27111
I'm a bit slow at the moment, but doesn't it strike you as odd that Walmart and Tyson should be visiting next week?
Next week also being the AGM?
My simple mind says that the board should be concentrating on the AGM, and its presentation. Unless of course, Walmart and Tyson are part of that presentation.
Co-incidence? Perhaps.
Alan
Oilywag
- 25 Apr 2006 08:20
- 16113 of 27111
Alan
Maybe we and WalMart and Tyson are trying to sew up a deal before the AGM so that an announcement can be made either before or at the meeting.
Well hope springs eternal.
The oily one
JohnScarrott
- 25 Apr 2006 08:53
- 16115 of 27111
Alan,
Wal*Mart and Tyson are visiting this week.
Maybe they will hang around for the AGM next week, but I would have thought it would be the other way round, ie Stanelco presenting at Wal*Mart or Tyson AGM !
JohnScarrott
- 25 Apr 2006 08:53
- 16116 of 27111
Great news on Starpol 3000, very encouraging.
hewittalan6
- 25 Apr 2006 09:03
- 16117 of 27111
My apologies for getting the timing wrong!!
Maybe I look too much into things but a visit from Tyson and Walmart last week, coupled with the Florida announcement above, followed swiftly by the AGM could be very fortuitous timing, or absolutely nothing at all.
Is something afoot?
Meat requires both a flexible cover and a more solid tray.
Just perhaps, WM are showing Tyson how they want their meat packaged and SEO are showing Tyson how it will be done.
Could this be the sweetener at what would otherwise be an AGM concentrating on delays and false promises? Or is it another flase dawn that we will all be moaning about in 6 months time?
Such a tantalising jigsaw. What would you give to read the AGM statement a week early?
Alan
PapalPower
- 25 Apr 2006 09:05
- 16118 of 27111
Here is the link to the earlier post about Starpol 3000 and MicMan site.
Link Click Here
Martin Wagner, Chief Executive of Stanelco, commented: "We are very excited about the potential of our STARPOL 3000 product. Having passed through these final technical tests, we will be moving at pace towards full commercialization and the interest levels from end users and converters has been immense."
EWRobson
- 25 Apr 2006 09:20
- 16119 of 27111
Not sure whether Starpol 3000 or Dynamite; probably a combination. Fortunately restored my SEO position on Friday and have topped up again this morning. This is the breakthrough!
Eric
EWRobson
- 25 Apr 2006 09:23
- 16120 of 27111
Alan
Wake up! You have been so used to whistling in the wind - now we are sailing for the pot of gold with a full wind behind. Obvious - WalMart and Tyson are here because of Starpol 3000. SEO have selected them to concentrate on; repeating the ASDA act. This time there will not be the commissioning issues. Are you fully invested? If not, topping up time!
Eric
hewittalan6
- 25 Apr 2006 09:33
- 16122 of 27111
Hi Eric,
Yes I'm "all in".
Have been for some time and topped up earlier this month with my "gambling allowance".
We always seem to wait for so long for the things we see as obvious to materialise that I do get a bit cautious with my reading of the situation, though not with my investment, with whcih I am very happy.
Heres hoping, all.
Alan
oblomov
- 25 Apr 2006 09:41
- 16124 of 27111
Make or break time, IMO. Exciting times.
I've been 'in' for over two years - should see soon whether its been worth the wait. I do feel we'll see the SP drop back to new lows IF the AGM doesn't deliver something concrete - i.e. real revenue streams other than 'we're excited about....'.
garyble
- 25 Apr 2006 09:55
- 16125 of 27111
Agreed Oblo,
Been here several times over the past year, and only recently people were demanding real deals and not promises of or moving towards commercialisation!
Great news and possibly the start of the gradual climb, we shall see.
Tonyrelaxes
- 25 Apr 2006 09:56
- 16126 of 27111
Oblo
If, like me, you have been in for 2 years it has already been well worth the wait.
A gain from 4p to even todays SP is not to be ungrateful for - past levels even more so.
johnny the fox
- 25 Apr 2006 10:17
- 16127 of 27111
Excuse me for being a little sceptical here. I recall grand announcements re 'the greenseal rollout' & 'we anticipate several hundred machine being converted' this time last year. Now we have 'starpol 3000 moves towards commercialisation' Another promise of things to come but not yet delivered.
I am an seo supporter but would not want to see the price ramped up to artificially high levels as it was twelve months ago.