for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

New for those interested:

Stanelco PLC
30 August 2005


30 August 2005



Stanelco PLC ('Stanelco' or 'the Company')

Supply Agreement with NatureWorks LLC



Stanelco, the radio frequency (RF) applications Group, is pleased to announce
that it has entered into a supply agreement with NatureWorks LLC, a wholly owned
subsidiary of Cargill Inc. The agreement covers the supply of NatureWorks PLA,
(Polylactide, a starch derivative), which is the largest component of Stanelco's
recently announced Starpol 2000TM range of biodegradable, compostable plastic
materials.


This relationship will materially assist commercialisation of Starpol 2000TM
into Stanelco's target application segments and it is planned that a minimum of
15,000 tonnes of Starpol 2000TM will be produced and sold within the next 12
months.


Starpol 2000TM is available in a range of blends that can be formed into sheet
material for products such as short shelf-life food trays, modified atmosphere
packaging (MAP) trays and blown films for a diverse range of products including
carrier bags, compost bags, waste bags and agricultural films


Howard White, president of Stanelco Inc and Stanelco PLC group managing director
said:


'This is a landmark agreement that further demonstrates the materials created by
Biotec are both ground breaking and commercial.. We have been actively carrying
out pre-production runs of the material with a number of major corporations in
both the Europe and North America. Starpol 2000TM has demonstrated a
functionality far beyond any other current biodegradable alternative and at an
overall cost that is competitive with the existing plastics used in our target
market, namely food packaging. We are also in trials with our partners for
several variations of the material to be used for a number of applications such
as shopping bags, waste bags and a variety of general packaging usages.



Just as importantly, the material is also easily sealable with our GREENSEALTM
technology project which continues, to progress well and which will enable us to
offer a complete biodegradable, environmentally responsible packaging solution
at a competitive cost'



Snehal Desai, NatureWorks LLC Commercial Vice President said:



'We are delighted with the diversity, functionality and competitiveness of the
Starpol 2000TM range of products and believe the marketplace will welcome this
broad extension of offerings of NatureWorks PLA based materials.'

Like the part
"we have been ACTIVELY been carrying out pre-production runs of
the material with a number of MAJOR corprations in Europe and N/America".
cyril

That is quite pathetic - they have agreed to buy Natureworks PLA and this warrants an RNS ?

They plan to produce Starpol in such quantities ? Should they not have orders already - where are those orders - just more plans ??

Why when SE0 buy someone else's products does it warrant an RNS ?

And what about Greenseal orders - could they not have said they have a few more than 2 now ?

LOL ;-)

IMO - very pathetic.

Will be carefully watching for any "comments" from posters who "attend" the EGM - and remember - if they claim to have information not in the public domain and said to them "over coffee and biscuits" or "behind the bike shed" - they could put the management of SE0 in serious trouble over release of inside information - if it were the case ! ;-)

'This relationship will materially assist commercialisation of Starpol 2000TM
into Stanelco's target application segments and it is planned that a minimum of
15,000 tonnes of Starpol 2000TM will be produced and sold within the next 12
months.'

SP Metal are going to use 10,000 tonnes which equates to 20M euro, production to be increased to 12,000 tonnes within 6 months by spending an additional 4.5M euros.

So i presume this 15,000 tonnes includes the 10,000 to be used by SP Metal!

A "minimum" increase of 50% of Starpol2000TM.
Looks good to me, hopefully just an opener, with more info at the EGM?
cyril

http://www.natureworksllc.com/corporate/nw_pack_home.asp

Based in the USA

I wonder why they need a tray producer in the USA? another building block for the rollout.

kingkonggb, where did you find that bit of news? it isn't showing on my pages?

ah! just had a look. the rns feed isn't working on mam.

pth, you can put the bbq sauce away, thank you very much!!!!!!

bos try www.uk-wire.com
cyril

markusantonius Hi,

EVO - Evolution Beeson Gregory are a broker and MM for Stanelco, KBC Peel Hunt are in fact the House Broker(sorry stringy !)

Cheers,
PM

nm

Were off !

And we haven't even had the 'upbeat' EGM statement yet :)

Cheers,
PM

Bos

Tres happy to park the BBQ sauce, but that hasn't come from the EGM, so you might still be in trouble yet!!

pth

PM - Natureworks are supplying the PLA not buying it from SEO, aren't they? PLA is the largest component (i.e. ingredient) of Starpol. Or have I got it wrong? So the 15k output may well include the 10k output to SP Metals already announced.
sd

Just a mention again re the Telegraph list.. The top company mentioned,a mining company on AIM ( sorry threw the paper away so can't give you the name) gained over 6,000% since 01/01/05. From .5p to 31.5p. Dreaming perhaps but would'nt it be nice if SEO could post the same within a couple of years.

SD Hi,

Ah, got it now, still waking up .... LOL .... !

Cheers,
PM

what time is the EGM today?

proptrade.
I believe its 10am.
cyril

Half way to break out and still the EGM to go. Could go either way, but I feel it will be up today.

sd