MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Symphony Environmental Tech shares up as Yemen enforces 2010 law

ALN

Symphony Environmental Technologies PLC on Tuesday said that Yemen has started to enforce an oxo-biodegradable plastic law that it passed in 2010 but was delayed due to the civil war.

The developer of technology to make plastic biodegradable said that as a result, manufacturers will only be allowed to produce oxo-biodegradable plastic bags only and their operating license will not be renewed if they are found to be non-compliant.

It said that inspectors will be deployed to ensure compliance and adds they will be using Symphony’s d2dector.

‘This is a very positive step forward for our d2w biodegradable plastic technology in one of the largest plastic producing and consuming areas in the Middle East. It builds on a continual process of change throughout the region towards plastic products that are scientifically proven to be better for the environment than ordinary plastics or other alternative materials,’ said Chief Executive Michael Laurier.

Symphony Environmental Technologies shares rose 7.1% to 7.50 pence each on Tuesday morning in London.

Copyright 2023 Alliance News Ltd. All Rights Reserved.