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

from 25 April 2006 -
"Each MMF will contribute approximately GBP 4 million per annum per 20,000 ton licence plus a small percentage of end product sale price"

Shall I do the sums?

2 x 4million = 8million.
Trust me, I was a Chartered Accountant in an earlier life.

Accountants are right up there with solicitors, estate agents and politicians as people not to trust ;-)
trust me, I was an IFA in a previous life.
Alan

OK - just for Alan
2 x 4million = 7.6 million, after Intermediaries commission!

And talking of IFAs, now I have some interesting tales to tell!

chortling quietly

The oily one

PS Oh, I forgot to mention, this news is what our research enearthed and I'm glad that it seems to be coming to fruition.

I'm not taking a pay cut for anyone!!!!
Anyway you forgot the accountants fees.
7.6 million - Accountants fees for working out 2x4= About enough for fish and chips on the way home, but don't forget the quizillion pound tax bill hes submitted.
;-)
alan

Heard a report on SC radio station, on their news post, that Sainsburys has annouced they are to replace all thier packaging with degradable items this year. Does not one of SEO directors have contacts with Sainsburys, could this order finally happen, have just bought this stock this morning on the news

Sainsburys are primarily looking to replace their packaging on their quick turn over products such as Ready Meals, with compostable packaging material. Radio 4 interview on Today Programme.

Could this be the same Sainsburys who have expressed a desire to work with Asda on sustainability??? I think it might.
the plot thickens.
Alan

I'm sure a few have seen this(below). Is this SEO, if so why no details of an order? Any connection should be publicised surely. Who else would they be going with?

http://www.thisismoney.co.uk/news/article.html?in_article_id=412497&in_page_id=2&ct=5

TheMaster
Welcome aboard the same article was on breakfast tv this morning it showed the ceo showing the viewers the packaging he did go on to say it was made from maze and sugar?

Reposted HD2005 link from above.
http://www.thisismoney.co.uk/news/article.html?in_article_id=412497&in_page_id=2&ct=5

That article of Sainsburys includes "It is calling on other retailers to follow suit ".

Is this not exactly what ASDA said two weeks ago when inviting other supermarket groups to join their own initiative?

Looks to me like they are in a PR war with each other in trying to be leader in this.

Oh good.
The real winners in any war is not either side fighting it, but the companys that make the bullets and bombs!!!

Surely we must be able to find out who is supplying Sainsbury's then? An order must have been placed?

From the Sainsbury's website.......

For the Sainsburys So Organic range we continue to increase the number of products that use compostable packaging, a truly biodegradable, sustainable solution that is made from renewable sources like maize or sugarcane. We require that all compostable packaging be sourced from crops that are not genetically modified. All our compostable packaging must be certified to the European standard EN13432, which enables us to display the Compostable logo and so tell customers they can compost it in the garden. Supplies of this new form of packaging remain extremely limited but we are keen to grow these markets.

HD2005,its no secret who is supplying the trail bags for organic apples, read last Saturdays posts,but as to food trays who knows?

And therein lies the problem. Starpol is not from GM free crops. It can be, but Terry pointed out that supply of this was very limited and that volume was needed to make it economic to do.
The other question is how are they going to seal it?? Most sealing technology requires a layer of non biodegradable film.
Has the working together idea between Sainsburys and Asda been going for some time?? Could a single packaging line do Asda stuff in one material and Sainsburys stuff in another?
All will, no doubt, become clear. Eventually.
Alan

Sainsburys currently pack some of their organic produce in compostable packaging, i'm sure ths isn't made by Stanelco, so surely they would use the same manufacturer for their future plans??

If the losses are going to be greater than expected, does this mean Stanelco are going to run out of cash quicker than the 3 month estimate?
Obviously if they land the 2 contracts mentioned this won't be a problem.

In a hurry, not at home but briefly RNS good news and part of the jigsaw of research done by some on this BB.confirms. Much more to come.

Report in Telegraph re Sainsbury's using compostable biodegradable packaging for ready made meals. Dont have time to find link - go to Telegraph site.

Apparently this is from 2004 so a bit old

Fron Packaging Gateway.com Date unknown.

To this end, Sainsbury's has been working with a couple of companies to introduce more biodegradable and compostable packaging made from sustainable crops. Stanelco, a small UK company with expert knowledge of radio frequency welding, has developed a method of manufacturing trays made from starch that is more energy-efficient and quicker than standard technologies. Hence, the trays are cheaper and will be used in more areas than the traditional, organic produce sector.

http://66.249.93.104/search?q=cache:xb1qm6dzDHsJ:www.packaging-gateway.com/features/feature19/+Sainsburys+stanelco&hl=en&gl=uk&ct=clnk&cd=4