Stanelco PLC
01 August 2005
1st August 2005
Stanelco plc ('Stanleco')
Director Appointment
Stanelco plc, the RF applications Group, is delighted to announce the
appointment of Martin Wagner as Commercial Director of Stanelco RF Technologies
Ltd with a remit to assist in the commercialisation of Stanelco's food packaging
technologies including GREENSEAL and Starpol 2000.
Martin was previously Head of Packaging Development at ASDA Stores Limited where
he has spent the last 5 years heading up a number of different commercial teams
delivering both significant savings to the business and leading ground breaking
strategic initiatives, and was directly involved in ASDA's adoption of the
GREENSEAL technology project. Martin brings to Stanelco his experience of
working directly in the food and beverage supply industry as well as the
healthcare and pharmaceutical industries at director level.
GREENSEAL is Stanelco's technology for sealing lids on to food trays and sealing
thermoformed food packs. Almost all heat-sealing requires the use of laminated
materials; these are up to 20% more expensive and uneconomic to recycle.
GREENSEAL works on more environmentally responsible materials that are lower
cost and economic to recycle. In addition GREENSEAL can seal through
contamination of the seal area, solving the major cause of rejected product.
Starpol 2000 is a range of low cost, food contact approved, biodegradable
materials that can be run on conventional thermoforming equipment to form food
packaging. Trays made from this material are suitable for MAP (modified
Atmosphere Packaging) used to preserve food quality and extend shelf life.
Martin Wagner commented:
'I am looking forward in particular to making a major contribution to the
adoption of Stanelco's GREENSEAL Technology and Starpol 2000 packaging materials
within the food and retailing industries.'
Ian Balchin, CEO Stanelco plc commented:
'We are delighted that Martin has accepted this role. Martin is superbly placed
to assist us in optimising the delivery of GREENSEAL to ASDA and other
customers. In addition, Martin's appointment will help us with our planning for
the prospect of a significant take up of our Starpol 2000 material within the
retail sector.'
Ends
For further information please contact:
Ian Balchin, Chief Executive
Stanelco PLC
Tel: +44 (0)2380 867 100
Jonathon Brill/Billy Clegg
Financial Dynamics
Tel: +44 (0)20 7831 3113
About Stanelco plc
The Stanelco Group of companies (the Group) has brought together expertise in
radio frequency (RF) technology, RF applications and biodegradable material
sciences to create a revolutionary range of packaging technologies.
Stanelco's philosophy is that new products and processes must offer solutions
and applications which:
• give higher added value,
• are greener, more environmentally sustainable than those they replace
• and have protectable intellectual property rights.
Stanelco will develop the products and processes to a demonstration stage and
then work with partners in order to reach the markets; and under these
circumstances Stanelco will usually seek to license its technology. Stanelco
invests considerable time and resources in ensuring its technologies are
protected via layers of patents wherever possible.
In this way Stanelco believes it can minimise commercial risk and preserve the
highest value for shareholders.
The products offering the prospect of near term revenue generation are being
given priority over the Group's resources.
Stanelco was founded in 1953 and is a world leader in the development of radio
frequency technologies for processing polymers for edible and packaging
applications and the design and manufacture of optical fibre technology,
induction heating and dielectric welding equipment. Stanelco's Current
developments include GREENSEAL Food tray lidding technology, STARPOL (starch /
pva blended material), FrogPack high impact low cost packaging format,
CradleWrap range of biodegradable air cushion packaging, Soluble tape, 100%
water-soluble films and adhesives, Biodegradable Airbag (void fill) packaging,
water-soluble detergent capsules, edible sachets and waste packing.
GREENSEAL, STARPOL, Frog Pack and CradleWrap are all trademarks of the Stanelco
plc group.
This information is provided by RNS
The company news service from the London Stock Exchange
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