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.

Well glad I didnt and that I sold half my holding around 13p!
Trading update IMO does not make for as bad a reading as the drop in the S.P. suggests - potential is still there and products are soundly based for growth - I will wait for S.P. to stabilise before considering further investment - 8p looks a bit cheap IMO!

Irritating, glad I dumped this and bought HAIK a week or so ago.

Market over-reaction as usual.

presumably the share placing won't now take place, at least not at 10p.EGM planned for 27th. Looks like huge dilution reqd to keep this afloat. I would expect it to drop condiderably further unless management provide any more positive noises. agree the product and concept sound good but the negativity is quite disconcerting.
I also would only buy back in after the full effects of this are revealed. we need full details from management who are very economical with the revevant info.

A revenue warning from Symphony Plastic Technologies (SYM) left its shares trading 2.75p lower at 8p. The company said that it expected first-quarter sales to come in below expectations following a slide in orders in certain overseas markets. The biodegradable plastics specialist said that despite an encouraging final quarter last year, the anticipated move into profitability had been delayed. Symphony said it had been forced to take a more cautious view on the timing of the recovery from last year's strategic direction change.

Bad news but I don't think its the end of Symphony ddoc2.

Symphony Plastic Technologies PLC
30 April 2007


BUSINESS UPDATE AND BOARD CHANGE
GRANT AWARD


BUSINESS UPDATE


Symphony Environmental Technologies Plc ('The Company,') the degradable plastic
and waste-to-energy Group is pleased to announce that since the last business
update on 22 February 2007 significant progress has been made in a number of key
business areas. In Portugal the country's largest retail group, Sonae, has
adopted d2wTM in all their carrier bags for their Continente, Mondelo and
Mondelo Bonjour supermarket chains, which are estimated to account for more than
500 million bags per year. This is significant not in terms of absolute value,
but for the breakthrough which it represents. This builds on the current
portfolio which includes Marriott, Royal Caribbean Cruise Lines, Tesco and the
Co-op who all presently use d2wTM finished products or our additive technology.


On 22 February 2007, the Company also announced delays in orders in a number of
key overseas markets. Following high level discussions with major clients in
these territories these problems have now been addressed and corrective action
taken to bring sales levels into line with management expectations. Further
updates will be made when the Company's Preliminary Results are announced before
the end of May.


The Company also announces that Matthew Turner, Group Managing Director, left
the Company on Friday 27th April following a review by the Company. There are no
plans to appoint another Group MD.


A strategic review of the organisation of the business is nearing completion.
There are now three operating subsidiaries (see notes to editors), and in future
the Plc itself will be organised into separate operating departments each headed
by a specialist reporting to the Chief Executive and thence to the Board. It is
anticipated that this will improve the efficiency and management control of the
Company and will focus specialist expertise where it is needed.



50,000 GRANT FROM UK GOVERNMENT



Symphony Energy Resources Ltd. ('SER'), a wholly-owned subsidiary of Symphony
Environmental Technologies Plc, was created to focus on converting
waste-to-energy by innovative processes. It is currently working with two
waste-to-energy reprocessing technologies, Thermal and Microwave Pyrolysis. The
Company, is pleased to announce that SER has accepted an award from the UK
Secretary of State for Trade and Industry of a grant of 50,000 for a
feasibility study into microwave pyrolysis of scrap tyres.


SER will be undertaking this study, in association with Imperial College,
London, to gain a greater understanding of microwave activity in this
application, and of the thermodynamics of microwave degradation of tyres.


The outputs of microwave pyrolysis are a Tyre Derived Oil (TDO) and carbon
black. Microwave energy is more efficient than heat in terms of
processing-power consumed and is expected to give off lower direct and indirect
emissions per ton processed. The output products are expected to be cleaner and
therefore of higher value than their thermal equivalent. The study is due to
start shortly and is expected to run for a period of 20 weeks.


These technologies address two of the world's most significant environmental
concerns, - the disposal of waste, and the reduction of dependence on imported
oil. The Company will announce the findings of this study in due course.

Exciting times ahead.
A large number of Multinationals have shown faith in Symphony D2w products and the problems expressed in its last trading statement have been addressed.

A grant has been made to one of SYM's subsidiary's to carry out some exciting and potentially lucrative research.

Preliminary's due end of May which should be very interesting, I have no doubt these will reflect well on SYM's performance and make a note that they will be moving into profit.

Will raise my holding when trading opens tomorrow morning. Shares could easily double back to 14p in 07.

Excellent news on all fronts, especially in Portugal. The grant award is extremely interesting as well and shows a commitment to, and enthusiasm for, SYM's technology.

I've just topped up at 7.73

Return to 14p looks on.

have dipped my tow in once again, if 8p goes then agree a good jump might be poss

Article in the Shares magazine Green section today. Suggesting perhaps that the troubles are now behind us.

hope so, i have recently taken a dip buy on these and after the last rns things should get back on track..all indicators are it is just a matter of time
watcher

yep ive got the same idea too . Recovery through 07 looks likely.

Symphony Environmental Tech. PLC
30 May 2007



Business Update

Product Clarification







Symphony Environmental Technologies Plc ('Symphony' or 'the Company'), the
degradable plastics and waste-to-energy Group, is pleased to announce the
following:



BUSINESS UPDATE



The Group continues to make progress notwithstanding the delays affecting
performance which have already been announced. In the oxo-biodegradable
plastics Division the transition from low-margin finished product to
higher-margin additive is taking effect. In the waste-to energy Division we are
pleased to announce progress with Thermal Pyrolysis (see below) in addition to
the progress with Microwave Pyrolysis announced on 30th April.



Oxo-biodegradable Plastic (d2w)



The changes referred to in the Company's Business Update announcement on 30
April 2007 have started to have a positive effect on the business. Sales of
higher-margin products are growing and operating costs are falling.



The Company's announcements of 22 February and 30 April 2007 referred to delays
in a number of overseas markets, and that corrective action had been taken. Two
market areas were involved, and in the first we are pleased to say the issues
have been resolved. Most of the local stock has been sold and paid for, and new
orders have been confirmed for delivery. In the second market area, local stocks
are being sold, the process of reconfirming orders and stock repositioning is
ongoing, and further updates will be given at the Preliminary Results stage,
which will now be in June, rather than at the end of May.



Waste to Energy (Thermal Pyrolysis)



Symphony is also pleased to announce that Cabinet approval has been given in Sri
Lanka for an MOU between Symphony Energy Resources Ltd. (SER) and the Ceylon
Petroleum Corporation (CPC) of Sri Lanka, supported by The Ministry of Petroleum
of Sri Lanka.



The project is to build a Thermal Pyrolysis plant in Sri Lanka in 2008 and has
been agreed as a result of meetings between SER and a team of experts from CPC.
It must be stressed that no contract has yet been signed, but the MOU represents
a major step forward for Symphony.



CPC is the state owned Oil Company of Sri Lanka and is the sole importer and
refiner of oil products into Sri Lanka. Current operations include a refinery
in Colombo, over 800 filling stations throughout the island, supplies to the
marine bunkering companies, aviation fuel to the international airport, and
supplies of oil products to the independent oil companies.







Thermal Pyrolysis is a process that applies heat to plastics in the absence of
oxygen to break the chemical bonds. The system converts waste plastics into
Marine Diesel Oil (MDO), and is designed to recycle mixed plastic waste streams
into valuable and easily marketable products. The process provides an
alternative to conventional and more costly recycling systems and can use most
types of plastic waste that currently go to landfill. The system itself uses
very little energy and is self-sustaining with virtually zero waste from the
process. If the plant is constructed, in due course MDO output per unit is
expected to be in the region of 18,000 tonnes per annum or the equivalent of
150,000 barrels of oil.



This technology addresses two of the most pressing environmental questions faced
by governments worldwide - What to do with waste plastics, and how to reduce
dependence on imported oil.





PRODUCT CLARIFICATION (oxo-biodegradable plastic)



Plastics, recycling, compostability and renewable issues are now constantly in
the media and much confusion exists over this subject. Symphony's d2w(R)
oxo-biodegradable technology produces plastic which degrades by a process of
OXO-degradation, initiated by an additive. The process involves little or no
additional cost, as products can be made with the same machinery and workforce
as conventional plastic products. During their useful life they are just as
thin, strong, and durable as ordinary plastic.



It is important to note that the plastic does not just fragment. It is consumed
by bacteria after the additive has reduced the molecular weight, and it is
therefore 'biodegradable.' This process continues until the material has
biodegraded to nothing more than CO2, water, and humus, and it does not leave
fragments of petro-polymers in the soil.



Eco-toxicity tests demonstrate that oxo-biodegradable plastic produces no
immediate, or cumulative, adverse effects on the soil, whether from the material
itself or from pro-degradants, plasticisers, surfactants, pigments, metal salts
or lubricants. D2w(R) does not contain 'heavy metals.'



The UK Food Standards Agency's Expert Group on Vitamins and Minerals has carried
out a risk assessment on trace elements and has shown that most of the metal
salts used in oxo-biodegradable plastics are trace-elements necessary for
healthy plant and human growth.



Unlike PVC, the polymers from which oxo-biodegradable plastics are made do not
contain organo-chlorine. Nor do they contain PCBs, nor do they emit methane or
nitrous oxide, even under anaerobic conditions.



The time taken for d2w(R) products to degrade can be 'programmed' at the time of
manufacture and can be a few months or a few years. Exposure to sunlight
accelerates degradation, but the process of oxo-bio-degradation, once initiated,
continues even in the absence of light, so long as air is present. Products can
be vacuum-packed for delivery and will not degrade in the absence of air until
needed for use.



On 24th May this year the Periodical Publishers Association of the UK
recommended to all its members that oxo-biodegradable film be used for wrapping
their magazines for distribution. D2w(R) is already in use for this purpose.







Oxo-biodegradable plastics are currently made from a by-product of oil refining,
and oil is of course a finite resource, but this by-product arises because the
world needs fuels for engines, and would arise whether or not the by-product
were used to make plastic goods.



Unless the oil is left under the ground, carbon dioxide will inevitably be
released, but until other fuels and lubricants have been developed for engines,
it makes good environmental sense to use the by-product, instead of wasting it
by 'flare-off' at the refinery and using scarce agricultural resources to make
plastics.



D2w(R) has been certified safe for long-term contact with any food type at
temperatures up to 40degreesC, and oxo-biodegradable products are being supplied
by the UK's leading supermarkets, Tesco and the Co-op. NB: In view of the
major custom of Walmart, is there any prospect of tying up ASDA at some point?



In Portugal the country's largest retail group, Sonae, has adopted d2w(R)
plastic carrier bags, and other major users include Marriott, Royal Caribbean
Cruise Lines, BUPA, News International, Pizza Hut, KFC, and Walmart.
Oxo-biodegradable plastic is ideal for frozen food packaging, as it can be kept
for extended periods at low temperature, and will quickly degrade when it
becomes a waste product at normal temperatures.



In Brazil more than 20 cities have issued a direction that the city authorities
and all their suppliers use only oxo-biodegradable plastic for their packaging,
bags, and refuse sacks.



If people want to incinerate oxo-biodegradable plastic with heat recovery, or
recycle them, or re-use them, then that can be done. The key point is what
happens to the plastic which is not collected, and gets into the environment as
litter. Conventional plastic will lie around in the environment for many
decades, but d2w(R) will degrade in a short time leaving no harmful residues.



Biodegradable plastics have been supplied in UK supermarkets for more than three
years but there is no evidence that they have caused any increase in litter.



Oxo-biodegradable plastic also has useful applications in agriculture. For many
years farmers and growers have used plastic sheets to protect their crops but
after the crop has been harvested many thousands of square kilometres of dirty
plastic have to be removed and disposed of. This is a very expensive process,
and creates huge quantities of contaminated waste.



Oxo-biodegradable plastic sheets can however be programmed at manufacture to
degrade soon after the harvest. The fragments can then be ploughed into the soil
where they complete the biodegradation process and become a source of carbon for
next year's plants. Symphony has trials ongoing with a new additive specially
formulated for this purpose.







Symphony Environmental Technologies

Good update and im pleased that I now understand D2w better, i remember a few people commenting earlier on whether or not it was actually biodegradeable.
Outlook looks very good and it will be interesting to see if the proposed sri lankan plant goes ahead and what the terms of the contract will be.

I would think the shares will move higher than the 5% already achieved.

can only be positive for s.p. but as per norm..wait and see..nice to be in now they are getting their act together

watcher

I think the board have done very well, restructing the entire company must have been difficult and was very risky and theyve managed to create a very bright outlook for the shares.
Up 10%

nearly all the the logged sells are delayed buys. we need to advance thro' 8p tomorrow to cont the bounce. promises as before- hopefully will be provided evidence soon- does anyone know when the results are due?

Is this another SEO