23 August 2024
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
("Symphony" or the "Group")
Symphony Environmental Technologies Plc (AIM: SYM), the global specialist that makes plastic products smarter, safer and sustainable, announces that it will release its results for the six months ended 30 June 2024 ("2024 Interim Results") on 9 September 2024.
In addition, Michael Laurier (CEO) and Ian Bristow (CFO) will provide a live presentation relating to the 2024 Interim Results via Investor Meet Company on 9 September 2024 at 11:00 BST.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 8 September 2024, 09:00 BST, or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC via:
https://www.investormeetcompany.com/symphony-environmental-technologies-plc/register-investor
Investors who already follow SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC on the Investor Meet Company platform will automatically be invited.
Symphony Environmental Technologies Plc |
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Michael Laurier, CEO |
Tel: +44 (0) 20 8207 5900 |
Ian Bristow, CFO |
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Zeus (Nominated Adviser and Broker) |
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David Foreman / Alexandra Campbell-Harris (Investment Banking) |
Tel: +44 (0) 20 3829 5000 |
Dominic King (Corporate Broking) |
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NOTES TO EDITORS:
d2w TECHNOLOGY
Symphony has developed a biodegradable plastic technology which addresses the problem of persistent microplastics, by turning ordinary plastic at the end of its service-life into a waxy substance which is biodegradable. It is then no longer a plastic and can be bioassimilated in the open environment in a similar way to a leaf without leaving microplastics behind. See https://www.symphonyenvironmental.com/why-biodegradable/ The technology is branded d2w® and appears as a droplet logo on many thousands of tonnes of plastic packaging and other plastic products around the world, much of which has been recycled. In some countries, oxo-biodegradable plastic is mandatory for short-life plastic products.
d2w technology was studied for three years in the Oxomar project, sponsored by the French government, which concluded that plastic made with Symphony's d2w oxo-biodegradable technology will biodegrade in seawater significantly more efficiently than conventional plastic. See www.biodeg.org/subjects-of-interest/agriculture-and-horticulture/the-marine-environment/
Following this report, the scientists allowed bacteria commonly found in the open environment access to d2w oxo-biodegradable plastic containing Carbon 13. They found Carbon 13 in the carbon dioxide exhaled by the bacteria, proving beyond doubt that the plastic had been bioassimilated by the bacteria.
d2p TECHNOLOGY
Symphony has developed a range of additives, concentrates and master-batches marketed under its d2p® ("designed to protect") trademark, which can be incorporated in a wide variety of plastic and non-plastic products so as to provide protection against many different types of bacteria, viruses, fungi, algae, moulds, and insects, and against fire. See www.d2p.net d2p products also include odour, moisture and ethylene adsorbers as well as other types of food-preserving technologies. For an overview see www.d2p.net Symphony has launched d2p anti-microbial household gloves and toothbrushes and "Symfresh" food-packaging and is developing a range of other d2p finished-products for retail sale.
d2c TECHNOLOGY
Symphony has complemented its d2w and d2p product ranges with d2c "compostable resins and products" that have been tested to US and EU composting standards and has invested in Eranova - a French company extracting starch for making plastics out of algae.
d2DETECTOR
Symphony has also developed the d2Detector®, a portable device which analyses plastics and detects counterfeit products. This is useful for government officials tasked with enforcing legislation, and Symphony's d2t tagging and tracer technology is available for further security.
SYMPHONY'S BUSINESS
Symphony has a diverse and growing customer-base and has established itself as an international business with over 70 distributors around the world. Products made with Symphony's plastic technologies are now available in nearly 100 countries and in many different product applications. Symphony itself is accredited to ISO9001 and ISO14001.
Symphony is a founder-member of The BPA (www.biodeg.org) and actively participates in the Committee work of the British Standards Institute (BSI), the American Standards Organisation (ASTM), the European Standards Organisation (CEN), and the International Standards Organisation (ISO).
Further information on the Group can be found at www.symphonyenvironmental.com and X @SymphonyEnv. See also Symphony on Instagram.