bosley
- 20 Feb 2004 09:34
zscrooge
- 25 Aug 2006 16:12
- 19394 of 27111
LOLs gents! Notwithstanding, both mags have a sell recommendation (for whatever that's worth). My attention to detail occurred when this was being ramped in the 20s with a ridiculous market cap based on fundamentals.
Mad Pad
- 25 Aug 2006 16:33
- 19395 of 27111
Sell rec. in 2 mags and the price goes up.Time for a pint.
butane
- 25 Aug 2006 16:59
- 19396 of 27111
http://www.packagingnews.co.uk/newsproducts.php?category=Industry+News
Stanelco readies for restructure and revamps rolls
Stanelco is restructuring its business in preparation for the long-awaited roll-out of its Greenseal technology.
After 18 months as COO, former Sainsbury packaging executive Terry Robins is standing down. Robins is one of 10 departures, although the only one at board level.
Meanwhile, the firm has hired an interim sales director and an interim project director as it gears up for the UK and US launches of Greenseal.
According to Stanelcos CEO Martin Wagner, the changes mark a change of emphasis for the company. We are moving out of R&D and into commercialisation, he said.
Stanelco has also extended its exclusivity deal with Asda until the end of this year. The original deal was signed last May, however, during that period, further R&D was required as Asda requested the addition of a print station.
Wagner also confirmed that Stanelco is in talks with Asdas US owners Wal-Mart.
Robins will continue to work with Stanelco, but in a consultancy role.
lindos
- 25 Aug 2006 17:02
- 19397 of 27111
whats a print station any one?
thanks lindos
kimoldfield
- 25 Aug 2006 17:22
- 19398 of 27111
Lindos, I understand that print stations are used for labelling food packages or directly inking on to the food wrapping; PET is suitable for receiving ink directly. However DYOR to be sure!
kim
kimoldfield
- 25 Aug 2006 17:23
- 19399 of 27111
Butane, thanks for the info.
kim
lindos
- 25 Aug 2006 17:30
- 19400 of 27111
Thanks Kim/Butane
Lindos
hewittalan6
- 25 Aug 2006 18:54
- 19401 of 27111
The print one is a new one on me, but thanks for that.
I will assume that it could be one of the delays to roll out. The machine could package nicely, but stick on labels may be an issue.
No date on that, but if it is recent, then it is a good sign.
Alan
hewittalan6
- 25 Aug 2006 18:56
- 19402 of 27111
Also, am I wrong or is that the first time SEO have publically stated that they are in talks with WM, about GS?
hewittalan6
- 25 Aug 2006 18:57
- 19403 of 27111
Apologies, the link dates it as todays packaging news.
Its been a long week.
Alan
kimoldfield
- 25 Aug 2006 20:12
- 19404 of 27111
Alan, apart from the February RNS which stated:-
"Stanelco is proud to announce its involvement in Wal-Mart's Packaging Sustainable Value Network and the identification of specific areas for co-operation." I can't remember a specific Greenseal/Wal-Mart announcement although it must have always been in the background.
kim
hewittalan6
- 25 Aug 2006 20:36
- 19405 of 27111
I think its the first time its been explicitly stated. Wal marts SVN is one thing, but that announcement says it is in talks with WM. I hope thats a portent of good things. Can't be anything concrete, cos it would have to be RNS'd, but still positive.
More so, because in the old days of RNS being written by Hans Christian Andersson, it would have been trumpeted by now as the deal of the century. Under the new regime it looks like they will be tight lipped until its signed, sealed, delivered.
Alan
kimoldfield
- 25 Aug 2006 20:42
- 19406 of 27111
I can just hear Stevie Wonder singing it now!
hewittalan6
- 25 Aug 2006 20:46
- 19407 of 27111
oblomov
- 25 Aug 2006 22:02
- 19408 of 27111
Alan,
'am I wrong or is that the first time SEO have publically stated that they are in talks with WM, about GS?'
What is 'the first time' you are referring to?
Neetybot
- 25 Aug 2006 22:16
- 19409 of 27111
Am I going mad or did I just read
"Stanelco has also extended its exclusivity deal with Asda until the end of this year"
and yet the recent RNS states-
"The original terms of the agreement between ASDA and Stanelco, as announced on 24 March 2005, for Stanelcos GREENSEAL technology have been extended for another 12 months, other than the exclusivity arrangement with ASDA which has been waived".
Help!!!!
Oilywag
- 26 Aug 2006 00:17
- 19410 of 27111
Good morning all
Just got in and found this from Paul Masterson. It seems geniune!!!!
""Hi All,
I found this using my 'special' search engines, note it is a news item dated today, need I say more
2006/08/25 UK retailer Asda will stock packages sealed with radio frequency (RF) on its shelves by 2007. The retailer is undertaking trials on salad packaged with UK-based packaging company Stanelco's GreenSeal RF technology - a more efficient and economical ...
I tried the link but it wasn't working
http://www.pira.co.uk/pira/piranet.asp
Ah, before I post, I managed to get on the PIRA website and do a search, here are the results, another news item appears as result nuumber 6, but dated 22/08/2006
http://www.piranet.com/pira/piranet.asp?page=/pira/searchresults.htm&Group=0&SubGroup=0
Asda to roll-out radio frequency sealed packaging
22/08/2006
UK retailer Asda will have large scale packages sealed with radio frequency (RF) on the shelves by 2007.
read more
It's a newsletter item, you have to pay up for the full story!""
If this is true, it is good news. And I wonder who the letters of intent are from in the US?
Too tired to think about it now. Needless to say that this will generate a ripple of interest on the boards over the weekend.
The oily one
kimoldfield
- 26 Aug 2006 01:01
- 19411 of 27111
Neetybot, I think there may have been a misunderstanding, reports elsewhere agree with the RNS.
Oily, here is the full article:-
"Asda to roll-out radio frequency sealed packaging
25 Aug 2006
UK retailer Asda will stock packages sealed with radio frequency (RF) on its shelves by 2007.
The retailer is undertaking trials on salad packaged with UK-based packaging company Stanelcos GreenSeal RF technology - a more efficient and economical method of sealing, which leads to fewer leaks and requires less packaging material.
The trials are going well, says Mike Feast, Stanelcos technical director. They are to determine the shelf-life of salads contained within the RF sealed packaging, and we have shown that the shelf-life is as good, if not better, than packages which are heat-sealed.
GreenSeal allows the sealing of materials without the use of laminated polyethylene (PE) layers, as is the usual practice. The removal of PE laminations can result in a cost saving of up to 20%.
RF technology does not compromise the performance of materials like polylactic acid (PLA). Asda recently finished testing some packaging made with PLA from NatureWorks if RF is used to seal these packages, rather than PE, they will still be able to break down.
Stanelco has just extended its agreement with Asda for another year. The technology is no longer exclusive to the retailer, but Stanelco says Asda will still be the first to take it to market on a large scale.
All the other UK retailers are interested, but we will not offer them the technology until we have finished the trials with Asda, says Feast. We are hoping the suppliers to the supermarkets will help us take the technology forward.
After trials have finished with salad packaging, Stanelco will expand the packaging to other food types.
In the second quarter of 2005 Stanelco entered into an agreement to give Asda full rights to the GreenSeal technology. Stanelco says the market roll-out of the technology has experienced delays due to difficulties in gaining access to machines to test the technology in a factory environment."
Things are moving forward slowly but surely.
kim
TheFrenchConnection
- 26 Aug 2006 01:08
- 19412 of 27111
Stockdog / mon petit toutou avec collier des NML diamants- ,,,,,,il dit en un sourraint ...Ca va ? ......l utterly refute your statement that i enjoy kicking people when they are down !!! lts absurd when everyone knows poking them in the eye with a shitty stick is far more my style. ....
tweenie
- 26 Aug 2006 01:25
- 19413 of 27111
working through the night. alone. Again.....
Nice one oily.
At last good news.HOPEFULLY.
i've heard through grapevine of starpol being on shelves next month....at least this sounds concrete.
Lets see what sept brings.
10p by xmas LOL
(from little acorns)
maybe disneyland is back on the cards.