Patent Application

Stanelco PLC 11 May 2004 11 May 2004 Stanelco plc Patent Application for new low cost biodegradable material Stanelco plc, the RF (radio frequency) applications group, has applied for a process patent on behalf of its wholly owned subsidiary Adept Polymers Ltd. This follows the development of a new range of low cost biodegradable materials that can be processed like conventional thermoplastics. The materials are comprised of polyvinyl alcohol (PVA) and starch and have unique properties; combining the strength and dissolution advantages of PVA with the biodegradability of starch. This facilitates the production of a chemically resistant, low-cost film, which can be used as a replacement for other packaging materials as well as opening up a new range of opportunities as a result of its enhanced characteristics. With the equipment recently purchased from Sixela, Stanelco expects to be able to produce the material in quantities of up to 2000 tonnes annually within 12 months. Commenting on the development, Ian Balchin, Chief Executive of Stanelco, said, ' It is our belief that for biodegradable materials to become widely accepted they must be able to compete on cost terms with conventional materials. Trial marketing indicates that this material will open up new markets and applications that were previously thought to be impossible or uneconomic. Our initial focus will be on replacing conventional PVA materials for applications such as detergent capsules and laundry bags, a growing worldwide market that we estimate to be worth some £50m annually.' ENDS- For further information please contact: Ian Balchin, Chief Executive Stanelco plc Tel: 01489 570991 Jonathon Brill Financial Dynamics Tel: 020 7831 3113 Notes to Editors: Stanelco was founded in 1953 and is a world leader in the development of radio frequency technologies for processing polymers of edible and packaging applications and the design and manufacture of optical fibre technology, induction heating and dielectric welding equipment. The Company's current core business is the manufacture of optical fibre using Radio Frequency (RF) technology. Stanelco has been applying its technology to other markets and is currently developing detergent capsules, foamed starch trays, edible sachets and waste packing. This information is provided by RNS The company news service from the London Stock Exchange
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