Have to wait for Dil to knock this:-

Stanelco sales up 12% for first nine months
Business Financial Newswire
Stanelco reports revenue grew strongly during the nine months to 30 September and overall trading was in line with management expectations.

The engineering group's sales to 30 September were up 12% at 13.4m. It says it continues to be confident in the outlook for the full year.

The group saw a 29% increase in direct bioplastic sales, a 30% increase in the Radio Frequency Applications division and an 8% increase in third-party sales from the Biotec joint venture.

Stanelco's cash position was 3.7m, strengthened since the half-year by working capital improvements including a reduction in stock levels following the summer production holiday.

Bioplastics has added more than 40 new customers in 2009 and widened the set of end-use applications by a further 17.

The RF Applications order pipeline continues to strengthen with a particular emphasis on India and China. A new sales consultant has been appointed for the Indian market.

Rebranded its bioplastics business today as Biome Bioplastics ltd

Let us hope the content is true.

Stanelco rebrands bioplastics division
Business Financial Newswire
Stanelco has rebranded its bioplastics business as Biome Bioplastics.

The division makes and sells plastics from renewable resources that biodegrade. Biome is a scientific term used to describe ecosystems.

CEO Paul Mines said, 'Stanelco's bioplastics business has continued to achieve high levels of growth through the last two years, so it is appropriate at this time that it becomes described by a name that reflects its activities so well.'

Recently the division has supplied materials for use in packaging, waste disposal, paper products, personal care, horticulture and electronics.