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.

from the sym website. no idea of the value of this contract for d2w via distributor- assume sym receives a percentage. it proves that there is a technology with growth potential!





















Nero aproximado de sacos plticos consumidos este ano no mundo:

216,393,974,076



Release Symphony Plastic Technologies plc Brazilian Sales Expansion Schincariol - Ingl














For Immediate Release
4th June 2006




Symphony Plastic Technologies plc

Brazilian Sales Expansion





Symphony Plastic Technologies Plc (Symphony), the degradable plastics company, is pleased to announce that through its exclusive distributor, RES Brasil (RES), that a new agreement has been signed with Schincariol the third largest beverage company in Brazil to start a program to convert all its plastics to d2w degradable plastic technology.



The first shipment of d2w additive will convert in excess of 500 tons of shrink film and will be delivered before the end of June in time for a major product launch of the technology.





Michael Laurier, Chief Executive, said:



We are delighted that Schincariol has decided to use d2w degradable additive technology in a range of plastic products for their beverage packaging products. This agreement makes Schincariol the very first beverage company in the world to embrace d2w degradable plastic technology and as a result they will be promoting this new environmental policy to their market and customers.



Gilberto Schincariol Junior, Chief Executive, said:



As the second largest beverage company in Brazil, Schincariol is very pleased to be the first to make a commitment to change where possible all our plastics to d2w degradable technology. Our team will be working with the RES and Symphony over the coming months to convert as many products as possible to this important environmentally responsible plastic technology. Schincariol is committed to adopt positive sound environmental practices in the continued development of the business.



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

Patrick Toyne-Sewell

Ged Brumby




Further information on Symphony Plastic Technologies plc:



Symphony develops and supplies environmentally responsible plastic packaging products and additives, which are distributed primarily to the retail, local authority and health related sectors. The Groups main technology, d2w, allows 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 d2w product range now includes additives, carrier bags, refuse sacks, mailing wrap, stretch film, and packaging films.



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. d2w products can now be found in more than 40 countries.

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





End

Sounds good, but they included no financial projections - although as you say it must be based on some sort of royalty.

Ive just added to my holding at 10.12p, I think we could see some positive news and therefore share price movements soon.

Is that a crystal ball I see in your hand GDP?

Symphony Plastic Technologies, the degradable plastics company, said sales are growing as household-name brands in various countries are increasingly using its products for environmentally friendly packaging.

The firm has shifted its strategy to focus on selling its d2w(R) additive, which assists degrading, rather than finished plastic products, and is also strengthening its international distribution.

Well-known brands using Symphony products include UK publisher IPC Media, Brazilian drinks group Schincariol, and hotel groups Marriott and Royal Caribbean International, the company noted.

Michael Laurier, CEO, underlined the 'increasing motivation of suppliers and manufacturers to take active steps towards adopting more environmentally friendly plastics.'

Surely the use of totally degradable plastic packaging is going to become the norm in the next few years, and should signal a potentially huge upsurge for SYM. I don't know whether there are many competitors in this field. Does anyone else now of any?

Sometimes you get lucky Queen, 12% in 12 hours not too bad!

Trigger - I agree which is why I'm hanging in there. Not aware of significant competition but would be interested to know of any.

GDP - Just be sure to let me know the next time you're thinking of buying into a company!

clear break- out, next target 14p- if only general market sentiment was better

I think that could work in our favour. People in these situations tend to look for positive newsflow not specualtion and it seems that SYM is doing just that and so may attract more Investment that usual. However I am fairly new at this game and that is only a theory.

Investment than usual **** Correction

Further rises today, are there any Institutions Invested In SYM or do you think it is just private Investors catching on to SYM 's potential?

GDP- I have checked through the last accounts, for 2004 published Mar '05 and they don't list the instituitional holder's. also no mention on their corporate website. No doubt Hemscott will list but I don't subscribe. the website's are very good, esp the d2w site- well designed and informative.

thanks ddoc2, any predictions for monday?

GDP- I do not claim to be any great shakes with charting, however, there is a definite initial target of 14p, further than that will depend on further good newsflow- imho.
also the 50dma is about to cross the 200dma- a golden cross formation, bullish sign- though to be accurate it should bee followed by an ascending 200dma.
as you can guess I remain confident. anyone else interested?

Very much so ddoc2. As you say, more good news will be good for momentum but long-term I still believe that this type of "green" company is the only way to go.

ddoc2 Im not even an amateur on graphs and have no real idea how to use them so thanks for that.
Queen1 I am also stongly into green at the time but dont we have to think what could be the next 'Green'? Obviously it may not be for some time though, any ideas what sector or new sector it may be?

Hewittlaan or something along those lines seems to dislike SYM on the Stanelco thread, I will attempt to put him right.

GDP I suggest that you do! In terms of the next "green thing" I'm not sure. But any company that makes products which it knows won't be sitting in the earth decomposing for 1000 years has to be onto a good thing!

Of course. Dissapointing fall today.

Rapid recovery, good old SYM.