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.

New board appointment - IMO it means they are taking the first steps to becoming a much bigger, more valuable business and secondly that when they previously went throught restructuring this new appointment wasn't considered a necessity but now D2w's back on track they'd like him back to help.
But it could look like a step backwards to some.
Only a matter of time before the S.P gets back on track.

Thanks for the post, GDP.

Full text of RNS:

Symphony Plastic - Board Appointment
RNS Number:9875L
Symphony Plastic Technologies PLC
13 November 2006


Symphony Plastic Technologies plc
Board Appointment


Symphony Plastic Technologies Plc ('Symphony' or the 'Company'), the degradable
plastics company, is pleased to announce the appointment of Michael Stephens to
the Company Board, as Technical Director.

Michael previously resigned from the board on 20 January 2005 to allow him to
solely focus on technical aspects of the business. We welcome his re-appointment
following a review of our technical strategy.


Michael Laurier, Chief Executive commented; 'We are extremely pleased to welcome
Michael back to the Board where his experience and expertise will prove
invaluable to the future success of the business. With this strengthened Board
we look forward to the future with confidence.'

Hello soul, i remember that youre interested in small mining companies etc and that you mentioned something a while ago about Black rock etc etc, if not then dont worry, but looks like theyve come good for you.

Hello there - yes, I am still in BLR and have just broken even at 1.5p! :o) Keeping the faith is definitely working with this one (pending those flow-test results!!).

Found this write up about Symphony Plastic

Biodegradable plastics a solution to overflowing landfills - The Barbados Advocate, 23/11/2006

The Barbados Advocate

Thursday, 23/11/2006



Biodegradable plastics a solution to overflowing landfills
Web Posted - Thu Nov 23 2006
A NEW range of biodegradable plastic products is being described as the solution to the problem of overflowing landfills across the world.

Chief Executive Officer of Symphony Environmental, Michael Laurier, said that for small developing island states, the problem of disposing of plastics was serious, but his products could offer a solution.

The solution is not to ban plastics, the solution is not to incinerate plastics, because it creates poisonous gases and the process is rather expensive. The solution to this problem is to make plastic vanish.

The range of products was introduced to officials attending the ACP/EU Joint Parliamentary Assembly during a ceremony hosted by Symphony Environmental and Brydens Limited on Tuesday evening at the Barbados Hilton.

The new technology that makes it possible for plastic to vanish is called OXO-degradation. Oxo-biodegradable plastics can be programmed at the time of manufacture to degrade in as little as few months or as much as a few years. This is possible due to the addition of a small amount of a pro-degradant additive in the manufacturing process, which changes the behaviour of plastics, Laurier said.

The plastic degrades to become carbon dioxide, water, and humus, and does not leave fragments of petro-polymers in the soil. It is also safe for long-term contact with any food type at temperatures up to 40 degrees Celsius, and is ideal for frozen food packaging. Most flexible and semi-rigid products can be made from oxo-biodegradable plastics, including shopping and garbage bags, films for packaging, bottles, among others.

Director of the Environmental Protection Department, Jeffrey Headley, said that plastics were one of the waste streams of concern in Barbados because of the length of time they take to degrade and their wide use. However, he said, that the introduction of a wide range biodegradable plastics would provide a solution to this problem and have a positive effect of conserving land space, and on Barbados environment. Headley said that the Ministry of Environment looked forward to working with any organisation offering products to help Barbados fragile environment.

Group Chairman of ANSA MCAL (Barbados) Limited, of which Brydens Limited is a subsidiary, John Bellamy, noted the frightening impact of humans on the environment, but said the excellent and affordable bio-degradable plastics could help reduce this stress if the products and principle behind them become widely accepted.

Great post, Morgan - thanks!!

bolstered by recent article in shares mag - target price 30p up

Good find morgan, if anyone can paste shares mag article would be good, this company should have a market cap of over 20million.
I think they recently released some more shares which too me is good news, bar the tiny dilution, but maybe a few more could be released to give Symhpony more room to manouvre in its negotiations and marketing. This could really be huge in 2007.

Shares mag also hinted at the release of news in the next 3 - 4 months.

GDP, 30p a share would be great.

Have sent you a mail.

Somebody was clearly reading the article - a slight tick-up:

SYM Bid: 12.75p Offer: 13.5p Change: 0.25

do you mean an email to my personal account or one via MoneyAm? as im not sure hwo to check those.

GDP, I sent via MoneyAM, but this should link over directly to whatever email address you specified in your profile and the mail should arrive in your normal inbox.

thanks, I'll check when i get home.

Symphony Plastics making the most of waste opportunity

Shareholders in Symphony Plastics (SYM:AIM)
have had to be patient since the firm was
floated in 2001 but it looks like they are about
to be rewarded.
Shares met chief executive Michael Laurier as
he was recovering from a visit to Hong Kong
and preparing for a trip to the West Indies. This
underlines the international appeal of the
groups d2w(R) technology, which allows
plastic to degrade and leave mainly water.
Although Symphony initially concentrated
on manufacturing biodegradable plastic bags,
it quickly realised that this was not the
most sensible way to utilise its technology.
However, there was a long hiatus until it had
defeated a legal challenge from EPI, a US
competitor. Now the group is now expanding
internationally.
Although Symphony is talking to a large
number of suppliers to UK supermarkets as
these behemoths seek to burnish their green
credentials, the greatest potential, at least in
the short term, is overseas. Its success in Brazil
with Schincariol, the second largest soft drinks
company there, has led to interest from rivals.
It is also talking with a large number of
Brazilian companies about the possible use of
its technology.
Symphony received orders worth $4 million
in the Caribbean this year and believes there is
scope for substantial growth there. In South
Africa, Astra Pack, the second largest packaging
group, is a significant customer. Hong
Kong and the UAE are other areas of potential
growth.
The company has already indicated that
it is moving into profit. That could be
accelerated if its new waste-to-energy
business starts to win orders. We believe that
there should be announcements in the next
3-4 months.
THE WRITER HOLDS SHARES IN THIS COMPANY
by: John Marshall

Courtesy of Soul , thanks.

I have seen tesco promoting the fact that more of its packaging is biodegradable recently. In the past their bags carried the epl label so i am not sure whether sym is involved, but clearly the market for such products is growing and is probably still larger than any alternative to plastic.

GN, I am fairly certain that SYM is not involved as a supplier to Tesco at present - we'd know about it. Someone on the SEO thread many moons ago mentioned Tesco's biodegradables, but I can't remember who the supplier was.

The market is definitely good for SYM's products (otherwise we wouldn't be interested in the co), but as recent newsflow confirms, the current customers are mostly overseas.

But still the U.K. market does provide huge potential, the recent wave of green publicity by the Supermarkets shows this. They need to put firm action behind thier words, Symphony offers that.

Would be nice to see if this can outpace SEO ;o)