From earlier this year.



"The fund raise significantly strengthens Symphony's balance sheet and will
allow us to maintain the quantum growth we have enjoyed over the past few
months. We are now receiving significant interest from a variety of sectors in
our degradable solution to the problems associated with plastic waste and,
following this strengthening of our resources, we are in a much stronger
position to meet the considerable demand for our products."




This last statement shows that corporations are looking seriously at Symphonys products. Yesterdays announcement shows a real coup for the company, as they have walked away from a potential exclusivity contract with no penalties!. Rarely seen IMO.

Bio-degradeable products are appearing everywhere, especially in the consumer disposal market, and Symphony look to be taking a large chunk of this with their own brands.

I believe strongly in the management of the company. I see they have the technical ability and also the qualities required to deal with the financial markets. Too often we see an excellent company with strong technical management, only to see them fail as they have no idea how to deal with the stock market.


That is why I am nominating Symphony plastics as my "tip of the week". If you get in early enough, I believe you could see a potential treble bagger by the end of July.

I would welcome your comments on the above analysis.

Have a look through Reuters, they give some good detail on Symphony and all the news released in the last year. Its a very good source.

Thanks GDP will do.

Noticed SYM had a mention in SHARES Mag yesterday as a Green Tip buy.

More good press for the company :-)

Share price should be higher though, like you said morgan good article in shares magazine should get further private Investors on board.

This Environmental strategy, referring to Tesco and Asda's push into renewable carrier bafs, should be good news for Symphony Plastic Technologies, which has the patent on additive technology to make plastic pacakging such as supermarket carrier bags biodegradeable. Tesco and Asds'a actions should influence other retailers to think more carefully about the type of bag they offer. It is likely that many companies will opt for degradeable carriers, adding to Symphony's prospects.

This Environmental strategy, referring to Tesco and Asda's push into renewable carrier bafs, should be good news for Symphony Plastic Technologies, which has the patent on additive technology to make plastic pacakging such as supermarket carrier bags biodegradeable. Tesco and Asds'a actions should influence other retailers to think more carefully about the type of bag they offer. It is likely that many companies will opt for degradeable carriers, adding to Symphony's prospects.

thanks for reinforcing the point GDP

A piece about that in this week's Shares magazine as well in their new "Green" section.

Symphony Plastic Technologies plc
North America Sales



Symphony Plastic Technologies Plc ('Symphony' or the 'Company'), the degradable
plastics company, is pleased to announce that Symphony's North American
distributor, Degradable Polymer Products Inc., has reached agreement on a
commission based, key customer relationship with Rand International Leisure
Products Limited ('Rand'). Rand is a United States based corporation
specialising in sales and market development in the US retail sector.

Degradable Polymer Products Inc. has been working with Rand and its counterparts
towards securing key customer approvals and recommendations and in order to
incentivise Rand towards the achievement of particular sales objectives, and to
secure Rand's ongoing support for Symphony's d2wTM business development,
Symphony has today entered into an option agreement with Rand. Subject to the
achievement of defined commercial requirements, Rand will be entitled to
subscribe for up to 5,000,000 ordinary shares in the capital of Symphony at a
price based on the quoted price for such shares at the time of exercise with a
minimum subscription price of 12p per share.

Other than in respect of the first 1,000,000 shares under option, the options
granted by the agreement are subject to Symphony shareholders' approval at an
extraordinary general meeting as well as being conditional upon Rand meeting
specific criteria which will deliver substantial benefits and value both to
Degradable Polymer Products Inc. and to Symphony.

Symphony believes these arrangements are in the best interests of the Company
and intend to work very closely with Degradable Polymer Products Inc., Rand and
their counterparts to grow its revenues from North America.



Roger McLelland, Chief Executive of Degradable Polymer Products Inc. said:

'We have worked closely with both Rand and Symphony and are delighted now to be
in a position to make meaningful inroads into one of the biggest market sectors
in North America. Rand's customer relationships will be of considerable value in
our focused sales efforts.'


Michael Laurier, Chief Executive of Symphony, said:

'We are delighted to have reached agreement with Degradable Polymer Products
Inc and Rand and we firmly believe that this partnership has the potential to
add very substantial value to the development of the North American market and
in accelerating the worldwide trend towards the wider adoption of d2wTM totally
degradable technology.'

All positive news, I think there will be continous rises over the next few days.
Surely people have finally dumped SEO and switched to Symphony!
My target price + Sell price - 19/20p.

Agree. Sym becoming more and more a growth story showing a good support at this level now, evidenced both by with the directors warrants last year and the present options for the US distributor. Also the chart is looking good. Can't wait for the next trading statement which will hopefully prove the growth. still really spec till then. the shares green section will no doubt extend the radar and more people will jump on board.

I can't believe SYM aren't in that portfolio! Not just being a shareholder but surely they can see this as a better growth prospect with more exciting technology than at least 2 of the companies in that portfolio.
Do you know when the next trading statement is out?

The interim's are usually at end of Sept, and with all the potential of the numerous
international distribution deals put in place over the past year or so, then the combined effect could be significant, maybe heralding an earlier update.

Could be good - Thanks, GDP.

I hope the Interims give good support to the share price as this surely cannot continue to be valued at only 7.6 million?!

Symphony Plastic Technologies PLC
29 August 2006

Symphony Plastic Technologies plc
Board Restructure


Symphony Plastic Technologies Plc ('Symphony' or the 'Company'), the degradable
plastics company, is pleased to announce a significant strengthening of its
Board with the appointment of Matthew Turner as Managing Director with immediate
effect.

Matthew Turner, 47, has held a number of senior roles and in particular in 2005
- 2006, Global Head for Water and Waste with the Fortis Bank - Merchant Bank
Division, Brussels. He was also Global Chief Executive of Bord Na Mona
Environmental, Ireland in 2003 and 2004; Corporate Finance Director for Ernst &
Young, Brussels in 2001 - 2003; Director of Water Nuon B.V. Amstersdam in 2000 -
2001 and Project Finance Manager of TXU Europe in 1998 - 2000. Matthew remains
Managing Director, CFA Services in Antwerp, a management company focusing on
provision of investment, corporate finance advisory, strategic and restructuring
services.

Matthew will report directly to Michael Laurier, Chief Executive, and will be
responsible for implementing the Company's strategy of strengthening the UK
business and network of distributors and focusing on sales of d2w(R)
pro-degradent additive.

As a result of this restructuring, Allan Blacher has left his position as Chief
Operating Officer of the Company and leaves the Company with immediate effect.
The Board of Symphony wishes him well in his future activities.


Nirj Deva, Chairman of Symphony, said:

'We are delighted to have appointed Matthew Turner as Managing Director of
Symphony. Matthew has considerable skills and experience operating in an
environmental technology sector and brings extensive commercial and leadership
skills to the Group.

'The appointment of Matthew has strengthened our already solid management team
and I am confident that progress will continue towards achieving the commercial
realisation of the Company's full potential.'


For further information, please contact:

Symphony Tel: 020 8207 5900
Michael Laurier, CEO
Ian Bristow, FD

Panmure Gordon & Co Tel: 020 7614 8385
Andrew Godber

Citigate Dewe Rogerson Tel: 020 7638 9571
Freida Moore
Ged Brumby




Further information on Symphony Plastic Technologies plc

Symphony develops and supplies environmentally responsible pro-degradent
additives as well as plastic packaging products. The Group's main technology,
marketed under the d2wTM registered droplet trademark, causes plastic to
degrade, leaving only water, a minimal amount of carbon dioxide and trace
amounts of non-toxic biomass over a short time period. The d2wTM product range
includes pro-degradent additives developed for an increasing variety of
applications as well as a range of finished flexible plastic products.

Symphony has a diverse customer base in the UK and has successfully established
itself as an international business after signing distribution agreements with
companies in Brazil, Canada & USA, India, New Zealand, South Africa, the
Caribbean, Saudi Arabia, Colombia and Qatar. d2wTM products can already be
found in more than 40 countries.

Further information on Symphony can be found at
www.symphonyplastics.com
and

www.degradable.net
.

good good.

20 p + looking good.

agree, if it breaks the long term downtrend at 14p and the interims are positive, looking for profit next yr, then as a growth co. w a market leading technology, i am looking at 26- 30p, but it's still spec until we hear some more news.