Symphony Environmental Technologies PLC (LON:SYM)

Symphony Environmental Technologies PLC (LON:SYM)


Share Price
9.00 p
Change
-1 (-10.00 %)
Market Cap
£13.91 m
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Symphony Environmental Technologies PLC

Symphony Environmental Technologies' primary activities are the supply of environmental polythene products, both in the United Kingdom and overseas and development of waste to energy projects.

The Company also supplies other flexible polythene and related projects. The three business segments of the Company are supply of degradable products, supply of non-degradable products and...

EPIC: SYM
Market: AIM:SYM
52-week High/Low: 26.850p / 5.500p
Sector: Capital Goods
Market Cap: £13.91 m
Website: www.symphonyenvironmental.com
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Big Picture – A Deep Dive Examination of Symphony Environmental Technologies PLC


Symphony Environmental Technologies PLC Snapshot

Symphony Environmental is a world leader in the development of additives to make ordinary plastic biodegradable and protective technologies to enhance plastic products

Our technology is sold into nearly 100 countries around the world, with applications in retail, medical and manufacturing industries with a focus on the defence of both environmental and human health.

We develop controlled-life plastic technology solutions which help tackle the problem of microplastics in the environment by turning ordinary plastic, at the end of its service-life and in the presence of oxygen, into biodegradable material.    It is then no longer a plastic and can be bio-assimilated by bacteria and fungi on land or sea. The technology is branded d2w® and its logo appears on many thousands of tonnes of plastic packaging and products around the world.    In addition, Symphony has developed a range of additives, concentrates and master-batches marketed under its d2p® brand,  which can be incorporated in a wide variety of plastic and non-plastic products to give them protection against many different types of bacteria, fungi, algae, moulds,  insects, fouling and fire.

Symphony has a diverse and growing customer base and has established itself as a strong global business with over 74 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 is accredited to ISO9001 and ISO14001.

Symphony is a member of The Oxo-biodegradable Plastics Association (www.biodeg.org)(OPA), the Society for the Chemical Industry (UK), and the Pacific Basin Environmental Council.

SOLUTIONS

 
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What is d2w (biodegradable plastic)?

d2w is the brand name for Symphony’s  biodegadable, controlled-life plastic technology which is designed to control and shorten the life of plastic products and packaging.  d2w’s carefully researched and tested additive formulation  can be added to normal plastic at the extrusion or casting stage of manufacture.

Symphony’s formulation is so effective that it only needs 1% of the additive, to make plastic products biodegradable in the natural environment, resulting in considerable savings in cost, transport, and storage.     It is a non-disruptive, drop-in technology as products can be made in existing polymer factories with existing machinery, which means you can switch to more environment-friendly products and packaging has never been easier.

 

 

d2p Designed to protect

A family of additives offering cost effective protection for plastic products and surfaces against contamination, staining, discoloration and odor, caused by bacteria and fungi. Almost anything made from plastic or with a plastic coating could have d2p included at manufacture at little or no extra cost.

d2t anti-counterfeiting system

Millions of dollars are lost each year to fraudsters who copy well-known products for their own gain.

Worse than that, these activities are dangerous because the counterfeit is often an inferior product which can cause harm when put into use. Symphony has developed a cost-effective system to protect brand owners and the public from the activities of these criminals.

Tag and trace technologies give our customers the ability to accurately determine the authenticity of their plastic packaging and products, which gives them and their clients peace of mind, and helps them to detect fraud.

 

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Nirj Deva, DL, FRSA, MEP (Chairman of the Board)

Mr. Deva has been a Member of the European Parliament since 1999 and is Vice-chairman of the Parliament’s International Development Committee. He is also Chairman of the EU-China Friendship Group. From 1992-97 he was a member of the UK Parliament. He has held a number of senior political appointments and has advised the boards of a number of public companies including International Leisure Group, Air Europe Plc, Tricentrol Oil Co Plc, EDS, Television South West, Thomas Howell Group, John Laing Plc, Aitken Spence, and Rothmans International Plc.

 

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Michael Stephen, LL.M (Deputy Chairman)

Michael Stephen is Commercial Director and Deputy Chairman of the Plc, and Chairman of its subsidiary companies. He qualified as a Solicitor with Distinction in Company Law. He was called to the Bar, and practised from chambers in London for many years, dealing with civil cases in the High Court and Court of Appeal. He was a member of the UK Parliament 1992-97 and was a member of the Trade and Industry Select Committee and the Environment Select Committee of the House of Commons. He served in Government as Parliamentary Private Secretary at the Ministry of Agriculture. He held a Harkness Fellowship in law at Stanford and Harvard Universities in the USA, and was Deputy Legal Adviser to the British Ambassador to the United Nations for the 25th General Assembly.

 

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Michael Laurier (Chief Executive)

Michael is the Chief Executive of the Company. Michael’s career began with his long established family packaging business, Brentwood Sack and Bag Co Limited. He took over responsibility for sales and production in the mid -1970s and changed the emphasis of the company’s business from jute products to polythene packaging, introducing the then innovative high density and medium density polythene bags into the UK market in 1975. He was appointed Managing Director of Brentapac UK Plc, which formerly owned the Tuffy trademark, in 1985, with continuing responsibility for national and international sales. He co-founded Symphony Plastics in 1995.

 

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Ian Bristow, FCCA (Finance Director and Company Secretary)

Ian was in private practice for seven years, qualifying as a certified accountant in 1992. In 1994, he joined Brentapac UK Plc which was sold later the same year.  He went on to co-found Symphony Plastics in 1995.

 

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Nicolas Clavel (Non-Executive)

Nicolas Clavel started his career in international banking in the mid seventies and his area of expertise has been structured trade finance and equity investments with a particular focus on Emerging Markets. He is Chief Investment Officer of Scipion Capital Ltd., (the Investment Manager of Scipion African Opportunities Fund SPC) and is personally CF 1, 3, 11 and CF30 approved by the UK Financial Services Authority. Nicolas is Swiss, and is based in London and Geneva. He is fluent in English, French, Italian and German.

Shaun Robinson (Non-Executive)

Shaun Robinson has nearly 20 years corporate finance, restructuring and active asset management experience, focusing on operational real estate with key specialities in hotels and healthcare.  A chartered certified accountant, Shaun Robinson joined the Somerston Group in 2004 and is responsible for the group’s business development. M & A and tax/corporate structuring.  Shaun is also executive director of Richmount Management Limited, Somerston Health, Somerston Hotels and St James’s Hotels.

Contact Info

6 Elstree Gate,

Elstree Way, Borehamwood,

Hertfordshire, WD6 1JD

Tel: 020 8207 5900

Email: [email protected]

Nominated Advisors and Brokers:

Cantor Fitzgerald Europe
One Churchill Place, Canary Wharf
London E14 5RB
Tel: +44 207 894 7000
www.cantor.com

Solicitors:

CMS Cameron McKenna Nabarro Olswang LLP
90 High Holborn
London WC1V 6XX
Tel: +44 207 067 3000

Auditors:

Mazars LLP
Chartered Accountants / Statutory Auditors
Tower Bridge House
St Katherine’s Way
London E1W 1DD

Registrars:

Link Asset Services
6th Floor
65 Gresham Street
London
EC2V 7NQ

Insurance Brokers:

Jardine Lloyd Thompson UK Ltd
6 Crutched Friars
London EC3N 2PH
Tel: +44 207 558 3626
Fax: +44 207 558 3702

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