the pink pound
- 15 Jul 2003 01:10
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.
morgan
- 28 Dec 2008 11:19
- 305 of 362
Bulletin put out by Symphony
Information Bulletin
23 December 2008
Issue 08
Registered in England Number 3286343 a wholly owned subsidiary of Symphony Environmental Technologies Plc
Elstree House, Elstree Way - Borehamwood - Hertfordshire WD6 1LE - England - Telephone: +44 (0)20 8207 5900 - Facsimile: +44 (0)20 8207 5960 - www.degradable.net - info@degradable.net
All the best for the New Year!
From the desk of CEO - Michael Laurier
We are approaching the end of another year; the period when everyone is celebrating
with families and friends the end of a cycle, and making plans for the forthcoming
year. This is when we reflect on the past and make preparations for the future.
We, at Symphony, are doing the same. We finish this
year pleased with our accomplishments and those of
our Distributors around the world, and with the knowledge
that we have dealt with everything to the very best
of our ability. 2008 will be celebrated among Symphony
Directors and staff as a success, and we will endeavour
to ensure that the New Year will be even better.
The year 2008 also gave us reason for reflection as the
economy worldwide is deteriorating and for many companies
and people 2009 will be a very testing time. On
the other hand we are very appreciative to be able to look back and see how this remarkable
company is growing from strength to strength even during this difficult period.
We close 2008 having achieved a lot despite the recession on the world. We would
not have been able to achieve such a success without everyone's contribution working
for the amazing d2w brand; the brand that has now been commercialized in more than
60 countries, the brand that has increased the number of eco-compatible plastics
around the world, and the brand that is contributing to a better environment for us all.
These are the achievements mentioned by our Chairman Nirj Deva M.E.P. during his
speech at Symphony's Christmas lunch, and which have created an atmosphere of
pride, satisfaction, and thanks for another year of hard work well done, and the hope
for even greater success next year. This atmosphere is what I want to share with you.
Thank you for being a part of this story, and for being part of d2w. Celebrate the end
of this year and be prepared for the next one full of good news!
watcher
- 28 Dec 2008 18:50
- 306 of 362
fingers crossed......come to think of it...eyes crossed...legs crossed...arms crossed and anything else i can cross......be nice to see some buying here
happy new year to all
watcher
pericles
- 29 Dec 2008 11:16
- 307 of 362
305 grade B waffle, heres hoping for better, but thanks anyway morgan.
watcher
- 07 Jan 2009 13:41
- 308 of 362
trickle of buying over yesterday and today.....and the year end figures out soon
could it be things are on the move here............happy new year
watcher
watcher
- 06 Feb 2009 13:44
- 309 of 362
re-assuring that the bosses are sticking some cash into shares.....wouldn't do that if it has been a bad trading year.......waiting for the year end report......to get a feel for the future
walden
- 06 Feb 2009 15:34
- 310 of 362
Trading Update 15th Jan
Symphony Environmental Technologies plc ("Symphony" or "the Group"), the
degradable plastics and waste-to-energy Group, announces that it had finished
the year 2008 making good progress in all areas. Revenues are expected to show
GBP5.3 million for the year with trading results in line with expectations.
Subject to audit and year end considerations, the trading results could show an
improved position from that anticipated.
--------------------------
With the way the chart looks and the sp has moved does anyone trust Laurier to actually deliver anything to shareholders.
watcher
- 04 Mar 2009 19:38
- 311 of 362
god knows what the justification for the annoucement is...delay because they have done......or delay because its another downward slip ahead
time will tell
morgan
- 27 Mar 2009 16:42
- 312 of 362
Bakeries like using d2w.
http://www.frank-roberts.co.uk/premium-range.htm
watcher
- 08 Apr 2009 06:21
- 313 of 362
big day ahead for SYM.....end of year.....
watcher
- 21 Apr 2009 16:21
- 314 of 362
even the boss is sticking his money on them now.....It has been announced that Michael Laurier, CEO has bought 221,461 shares in the company on the 21st April 2009 at a price of 3.30p. Michael Laurier now holds 14,863,600 shares representing 12.79% of the shares in issue..
watcher
- 01 May 2009 15:49
- 315 of 362
go on sym......nice rise and good to see buying picking up.....
watcher
- 13 May 2009 07:28
- 316 of 362
Symphony Environmental Technologies Plc (Symphony or the Group), the degradable plastics and waste-to-energy Group, is pleased to announce that, through its wholly owned subsidiary, Symphony Environmental Limited, it has today launched the Worlds first d2w 100% degradable metalised film for snack foods, in conjunction with Organizacion Barcel (Barcel), a subsidiary of Grupo Bimbo Mexico (Bimbo).
The announcement comes after successful extensive trials and will see Symphonys d2w additive being used in Barcels film for its premium range of snack food products including the Takis and other brands. The product ranges include crisps and confectionary amongst others.
This follows the successful use of Symphonys d2w additive in the packaging for Bimbos bread and other products, announced in August 2008, and has been achieved through Symphonys official distributor, Plasticos Degradables S.A de C.V.
more good news....and the climb up is happening
watcher
- 13 May 2009 11:26
- 317 of 362
oh yes......big day for SYM
XSTEFFX
- 13 May 2009 15:05
- 318 of 362
Legislation
There are two separate UK Laws affecting this area: 1) The Packaging Waste Regulations which sets out the requirements for dealing with packaging waste and 2) The Packaging (Essential Requirements) Act which defines the requirements that all packaging must satisfy.
The Packaging Waste Regulations were incorporated into UK law in 1997. They are based on the European Directive for Packaging Waste. Currently 65% of all packaging must be recovered. It is not practical for individual companies to organise the recovery, and recycling, of their packaging waste. So to ensure that the UK conforms to the EU Directive a series of non-profit organisations were created to administer the 'PRN' scheme. PRNs (Packaging Return Notes) are issued (sold) to companies to enable them to fulfil their individual obligations under the directive. The revenue from the PRNs is used by the organisation issuing them (e.g. Valpak) to fund recovery and recycling schemes. Thus the UK is able to demonstrate that as a whole we are complying with the Directive.
A PRN at no cost - i.e. one where the material is exempt from any charge - can only be issued to companies if the material concerned falls within the definitions of recovery or recycling. Biodegradability is not recognised in the UK legislation as a definition of recoverability but Compostability is recognised as a basis for exemption.
Unusually the UK splits the execution of the Directive into two. It created the Packaging Waste Regulations, and then followed up with the Packaging (Regulations Essential Requirements). Other EU governments carried both sections together as one piece of law. Whilst biodegradability is not recognised in the Waste Regulations (see above) in the Essential Requirements, biodegradability and compostability are recognised and d2w meets those requirements.
The result of this is that in the UK d2w products can be sold as meeting the Essential Requirements but there is no exemption from the PRN charges for the time being i.e. until oxo-biodegradable plastics meet the relevant standard. In the EU, however, d2w products do not at present meet their equivalent of the Essential Requirements because they do not satisfy the Sturm Test which is the key part of the current EU standard and therefore are not formally acceptable for packaging (but see below). There are some exceptions e.g. in Italy where, in strictly legal terms, carrier bags are not 'packaging'.
For full detail see www.valpak.co.uk
Global Nomad
- 13 May 2009 21:10
- 319 of 362
XS,
are you suggesting that packaging companies have no insentive to use oxo biodegradable packaging ( except for moral/marketing reasons) since they have to pay the PRN fees anyway
watcher
- 14 May 2009 07:32
- 320 of 362
Symphony Environmental Technologies advanced 20.5 per cent to 5.87p after the packaging specialist launched what it said was the worlds first biodegradable metalised film for crisp packets.
from the FT.......lets see if this leads to other contracts
XSTEFFX
- 14 May 2009 17:09
- 321 of 362
The approximate number of plastic bags consumed this year:
183,112,410,621 in the world, at 17.00hrs uk time.
watcher
- 15 May 2009 19:28
- 322 of 362
and how many of them little beauties were wrapped round crisps and sweets in mexico....
holding on till the numbers are made public
watcher
- 16 May 2009 08:58
- 323 of 362
Further information on Bimbo Group of Companies:
GRUPO BIMBO was established in Mexico City in 1945 and is considered today as one of the most important bakeries in the world due to its production volume, sales and brand positioning.
In Mexico, as well as in many Latin American countries, it is the largest food company and undisputed leader in the national baking industry.
just doing some research on the mexican company.....much large potential
watcher
- 18 May 2009 12:06
- 324 of 362
LEBANON - d2w Oxo-biodegradable Plastic Launch
Symphony Environmental Technologies Plc ('Symphony' or 'the Group'), the degradable plastics and waste-to-energy Group, is pleased to announce the launch of d2w in Lebanon following the completion of a Sub-distribution Agreement ('the Agreement') with Ghanem Development & Trading SARL via Symphony's Sharjah based distributor, Eco-Polymers. The term of this tri-party Agreement is for a period of 15 years. Deliveries of d2w product have already commenced.
The launch and presentation was held in Le Royal Hotel, Beirut on 15 May 2009 at 4:00PM EET and was attended by the Minister of Environment and the General Manager of the Ministry of Industry together with packaging producers, end users and NGOs.
Jihad Ghanem, Managing Director of Ghanem Development & Trading SARL made an initial speech, followed by Dr Antoine Karam, Minister of Environment, followed by presentations by Mr Michael Stephens, Symphony's Technical Director, and Winston Pryce of Eco-Polymers.
Ghanem Development & Trading SARL will follow up this launch with an aggressive marketing campaign in conjunction with the Ministry of Environment.
busy company and thats two countries in a month using the product.....with ministry backing this time.....this going to be a very interesting year, if the pick-up continues
watcher