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Release Symphony Plastic Technologies plc Brazilian Sales Expansion Schincariol - Inglês


 

For Immediate Release

   4th June 2006

Symphony Plastic Technologies plc

Brazilian Sales Expansion 

Symphony Plastic Technologies Plc (“Symphony”), the degradable plastics company, is pleased to announce that through its exclusive distributor, RES Brasil (RES), that a new agreement has been signed with Schincariol the third largest beverage company in Brazil to start a program to convert all its plastics to d2w® degradable plastic technology.

The first shipment of d2w additive will convert in excess of 500 tons of shrink film and will be delivered before the end of June in time for a major product launch of the technology. 

Michael Laurier, Chief Executive, said:

  “We are delighted that Schincariol has decided to use d2w degradable additive technology in a range of plastic products for their beverage packaging products. This agreement makes Schincariol the very first beverage company in the world to embrace d2w degradable plastic technology and as a result they will be promoting this new environmental policy to their market and customers.”

Gilberto Schincariol Junior, Chief Executive, said:

“As the second largest beverage company in Brazil, Schincariol is very pleased to be the first to make a commitment to change where possible all our plastics to d2w degradable technology. Our team will be working with the RES and Symphony over the coming months to convert as many products as possible to this important environmentally responsible plastic technology. Schincariol is committed to adopt positive sound environmental practices in the continued development of the business.”

For further information, please contact:

Symphony

Tel: 020 8207 5900

Michael Laurier, CEO

 

Ian Bristow, FD

 

 

 

Panmure Gordon & Co

Tel: 020 7614 8385

Andrew Godber

 

 

 

Citigate Dewe Rogerson

Tel: 020 7638 9571

Patrick Toyne-Sewell

 

Ged Brumby

 

Further information on Symphony Plastic Technologies plc:

Symphony develops and supplies environmentally responsible plastic packaging products and additives, which are distributed primarily to the retail, local authority and health related sectors. The Group’s main technology, d2w®, allows plastic to degrade, leaving only water, a minimal amount of carbon dioxide and trace amounts of non-toxic biomass over a short time period. The d2w® product range now includes additives, carrier bags, refuse sacks, mailing wrap, stretch film, and packaging films.

Symphony has a diverse customer base in the UK and has successfully established itself as an international business after signing distribution agreements with companies in Brazil, Canada & USA, India, New Zealand, South Africa, the Caribbean, Saudi Arabia, Colombia and Qatar.  d2w® products can now be found in more than 40 countries.

Further information on Symphony can be found at www.symphonyplastics.com and www.degradable.net.

End