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

who is supplying who? according to afx seo is supplying natureworks...

"LONDON (AFX) - Buyers tuned in to Stanelco, 1 firmer at 21, after the radio frequency specialist signed an agreement to supply NatureWorks LLC with Polylactide, a starch derivative.

Polylactide is the largest component of Stanelco's Starpol 2000 range of biodegradable, compostable plastic materials."

Bos,
Hope those who are lucky enough to attend the EGM get some clarification,
as well as update on Greenseal roll out and Frogpack.
cyril

Well, I'm not so sure now that I see the AFX precis.

""LONDON (AFX) - Buyers tuned in to Stanelco, 1 firmer at 21, after the radio frequency specialist signed an agreement to supply NatureWorks LLC with Polylactide, a starch derivative.

Polylactide is the largest component of Stanelco's Starpol 2000 range of biodegradable, compostable plastic materials.""

However, absent anyone else's conclusive view, I still think it is NW supplying SEO. I guess SEO could have worded the RNS a little more explicitly in the first place.

sd

Have placed calls with both SEO and their PR company and - guess what? - they're all at the EGM! They have both promised to get someone to call me to clarify this issue.

sd

Stanelco PLC
30 August 2005

30 August 2005



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

EGM Statement


Stanelco PLC is pleased to announce that all the resolutions at the Company's
EGM held at 10.00a.m. this morning were duly passed. The acquisition of Biotec
Holdings GmbH ('Biotec') will therefore be completed shortly.



As a result, the previously announced conditional sale of a 50% interest in
Biotec to SP Metal S.A. ('SP Metal') will also shortly become effective and the
consideration received by Stanelco will be used to fund 50% of the Biotec
acquisition. Under the joint venture more of Biotec's considerable Intellectual
Property portfolio will be commercialised. Biotec have received a conditional
commitment from SP Metal for an annual purchase of approximately 10,000 metric
tonnes of Biotec's biodegradable plastic pellet worth in excess of 20m per
year.



Stanelco and SP Metal had initially agreed to increase Biotec's production
capacity of biodegradable pellets to at least 12,000 metric tonnes within nine
months via a joint investment programme of up to 4.5m. However due to further
recent improvements in both the production procedures and the ability to process
the materials, a capacity of 24,000 tonnes for an investment of 2m is now
envisaged within the same period.



In an earlier announcement today, NatureWorks LLC, a wholly owned subsidiary of
Cargill Inc has agreed the supply of the major component of Biotec's Starpol
materials which will make Biotec's products price competitive with a number of
materials currently used in the target market segments.



Business update



GREENSEALTM



Commercial trials with ASDA Stores Limited ('ASDA') suppliers have been
successfully completed and the 12 month exclusivity period with ASDA, who have
committed to converting several hundred machines in the period, commenced on
28th July 2005. To date, two contracts orders have been received from dedicated
ASDA suppliers covering 5 machines in total.



Martin Wagner, recently recruited from Asda, as Commercial Director of Stanelco
RF Technologies Limited, is now leading the drive for roll out and further
commercialisation in the UK.



In addition the Company has reached commercial agreement with G Mondini Spa, a
world leading manufacturer of tray lidding machines, to jointly develop a
purpose built radio frequency ('RF') tray lidding machine using Stanelco's
GREENSEALTM technology. This is an important development as it should allow
Stanelco to supply its technology to food packers as part of new original
equipment manufacter ('OEM') machines as an alternative to retrofitting existing
machines in operation. This will greatly speed up the acceptance of the
GREENSEALTM technology as an industry standard within the packaging industry.


We remain confident of being able to announce a number of additional
developments in relation to the commercialisation of this technology in the
coming months.



Frogpack



The commercialisation of Frogpack, our simple, new, patented, lightweight,
highly impact resistant, low cost and greener packaging format is developing
well with orders received from existing distributors and agreements being
negotiated with further distributors in North America.



Philip Lovegrove, Chairman of Stanelco said:



'I am pleased with the continued progress at the company. We have a strong
management team with some extremely exciting opportunities ahead of us. The
passing of all resolutions at today's EGM, allowing us to complete the Biotec
acquisition will enable further progress towards our aim of becoming one of the
world's leading exponents of viable, alternative, environmentally responsible
packaging methods.'



Ends



For further information please contact:
Ian Balchin, Chief Executive
Stanelco PLC
Tel: +44 (0)2380 867 100


Jonathon Brill/Billy Clegg
Financial Dynamics
Tel: +44 (0)20 7831 3113



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 minimise 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 fibre technology,
induction heating and dielectric welding equipment. Stanelco's Current
developments include GREENSEAL Food tray lidding technology, STARPOL (starch /
pva blended material), 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,
water-soluble detergent capsules, edible sachets and waste packing.



GREENSEAL, STARPOL, Frog Pack and CradleWrap are all trademarks of the Stanelco
plc group.






This information is provided by RNS
The company news service from the London Stock Exchange

mkt likes it. 21.5 lifted in size!

OH DEAR - no new Greenseal orders - just the 2 confirmed and 3 conditional we already knew about a long long time ago.

Big problems - nobody wants to convert then - what a Rollout - a dribble - nothing new AT ALL on the ORDERS front in the EGM statement.

Rampy ramp - but nothing to back it up - more losses coming - bigger and larger IMO.

24,000 tonnes = 48 million euros!
(Remember to divide by 2)

pth? may i offer some advice on where to put your bbq sauce? :)

nice result - heading for 22p and then . . . .

we also have official confirmation of the start date of the commercial agreement with asda , july 28th. as ii says, 5 orders in month 1. well, it's a start......

If 10 thousand tons is worth in excess of 20million euro's, that should equait
to over 32million in the next 9 months for 24000 tons? But the fact they have improved both production and processing augers well.
cyril

barbeque sauce is too good for him--what will it take to shut him up!!

moneyplus, who? me or pth?

ii still ranting like a rabid chipmunk. Even his wheel is creaking.


I believe there is to be a Sustainable Packaging Forum in Philadelphia in late October.

An ideal forum for massive announcements concerning SEO?

stateside

Hi all,

No rocketting of the S.P, I guess only 5 machines is where some people are focussing at the moment, not on Starpol 2000, which could be as big or bigger than Greenseal, oil over $70 a barrel, it's a no-brainer. Being a no-brainer, you would think iidiot would get it, he must be in negative-braincell territory .... LOL !!!!


Also ....

From CIBC Consumer Watch

Wal-Mart questions Tesco's U.K. prowess: BBC

Wal-Mart Stores wants the U.K. government to investigate how Tesco Plc

reached a 30.5% share of the supermarket sector. Tesco Plc believes the

newly released independent market research figure is "misleading" because it

does not consider all of the grocer's competitors.



Cheers,
PM

This is very disappointing. Daveascroft's in formation about take-up was obviously wrong. Why are the suppliers so resistant? It seems to me that Asda and Seo are getting the benefits whilst the packagers incur the costs. Several hundred is quite obviously not going to happen at this rate,

halfamil, there are still 11 months to go on the agreement, although i do agree that it is disappointing not to have further orders. pm1 , it is right to focus a little on the greenseal orders because this is what's happening right now, this is what has pushed the sp up. greenseal, at the present time, isn't as successful, (in order numbers), as we all hoped it would be. it seems the job of pushing greenseal through onto packers has gone to martin wagner, his recruitment making complete sense now. let's hope he can complete the job and we do have several hundred conversions.

ASDA, who have committed to converting several hundred machines in the period, commenced on 28th July 2005.
Note the...'committed to several hundred machines'. Presumably there is a penalty clause if ASDA don't convert the stated number of machines. Could be they want a mass roll out and not piecemeal. The previous statement is just a guess, which I have nothing to back up, so its just a personal comment out for discussion.

Greekman,
Your right in that seo can opt out of exclusive deal, on page 43 of
the brochure ref Greenseal(v) .
From another board it seems that Naturalworks product is produced from yellow corn, it is not microwaveable so requires Starpol 12000 which utilises PLA
As its major ingredient, is, so opening up a greater market.
cyril