Reports from various souces indicate trials giong well with ASDA fro their new packaging. Other companies are watching the trial as it keeps food fresher for longer. Worthy of a risk at this time. Should climb soon.

Tuesday May 10, 02:20 PM
Stanelco success continues
LONDON (ShareCast) - Stanelco (LSE: SEO.L - news) proved a hit with investors yet again after the packaging specialist said that its technology Advertisement

has been boosting sales of products.

Its new Greenseal technology has been used in a first stage full-scale production trial, packaging fresh salmon for Youngs Bluecrest, which has now been completed.

Sales of the product surged 21% over the two weeks and Asda told Stanelco that the increase was a direct result of a number of factors attributable to its technology.

The packaging is not only said to be more attractive but there were also no reported leaking packs, reducing waste at store level.

In March Stanelco announced that it had signed a binding contract with Asda for a 12-month exclusive agreement for the use of its Greenseal tray lidding technology in the UK and Ireland.