Stanelco PLC
22 June 2005
22 June 2005
Stanelco confirms Second Order for GREENSEALTechnology
from ASDA Supplier
Following a successful trial on a Proseal Tray lidding machine at Hitchen Foods
plc, Stanelco are pleased to announce that it has received a conditional order
for 4 GREENSEAL retrofits subject to technical sign off of the first unit during
the commissioning trial period.
Stanelco, the RF applications group is pleased to announce that it has agreed to
supply its revolutionary GREENSEAL technology to Hitchen Foods for the first of
potentially 4 machines in their ASDA salad production area within Hitchen Foods
plc, Dobson Park Way, Manchester Road, Wigan, WN2 2DX. This order is subject to
a final technical sign off on the first machine once it is installed in the
production area and has operated satisfactorily for an agreed period of time.
Upon sign off, the company will be looking to proceed to retrofit the remaining
3 machines in this section subject to the commercial agreement from Asda.
Ian Balchin commented, 'This is a significant milestone in the process of
getting this technology accepted within the industry. This could lead to a
snowball effect as pack houses become more comfortable with this revolutionary
method of eliminating leaking packs within the food packaging market.'
Tony Ruane, ASDA Technical Manager on Meal Solutions said,' This order
demonstrates the confidence of Hitchen Foods and that expected of other ASDA
suppliers in what is a brand new technology to the food Industry. We are
delighted with the speed and results of of this project where benefits have been
identified for the supplier, ASDA but more importantly the customer. ASDA's 12
month exclusivity with Stanelco for Greenseal technology to its suppliers will
give us an advantage over our competitors and help deliver our EDLC and EDLP
initiatives without compromise.'
Peter Burn, Technical Director, Hitchen Foods PLC said, 'We are delighted to be
a leading part of this program. We have seen excellent results with this
technology and will continue with this project with a measured and professional
approach. We look forward to being a primary adopter of GREENSEAL technology.'
- END -
For further information please contact:
Ian Balchin, Chief Executive
Stanelco PLC
Tel: +44 (0)2380 867100
Jonathon Brill/Billy Clegg
Financial Dynamics
Tel: +44 (0)20 7831 3113
Notes to Editors:
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 GREENSEALTM Food tray lidding technology, STARPOLTM (starch
/ pva blended material), FrogPackTM high impact low cost packaging format,
CradleWrapTM range of biodegradable air cushion packaging, SolutapeTM 100%
watersoluble films and adhesives, Biodegradable Airbag (void fill) packaging,
water-soluble detergent capsules, edible sachets and waste packing.
This information is provided by RNS
The company news service from the London Stock Exchange
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