Symphony Environmental
Symphony Environmental Technologies Plc

Symphony Environmental Technologies Plc share price, company news, analysis and interviews

Symphony Environmental Technologies plc (LON:SYM) is a world leader in the development of additives to make ordinary plastic biodegradable and protective technologies to enhance plastic products.

Its 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.

The company develops biodegradable plastic solutions to help combat 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.

Biodegradable Plastic Technology

Plastic products made with d2wlook and feel like conventional plastic and can be recycled if collected. However, if they escape collection and end up as litter in the open environment, they will degrade and biodegrade – just like nature’s waste.

Designed to Protect

Designed to Protect – d2p is a family of masterbatches for plastics which provide cost-effective protection to products and surfaces in applications as diverse as food packaging and processing to flame retardants and pest control.

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Symphony Environmental secures convertible loan raising £1 million

Symphony Environmental Technologies Plc (LON:SYM), global specialists in technologies that make plastic and rubber products “smarter, safer and sustainable”, has announced receipt of a convertible loan from Sea Pearl Ventures Limited, based in the Bahamas. Key terms of the Loan are: ·      Loan principal: £1 million (unsecured) ·      If not repaid before expiration, conversion at 1 year and 30 days (no earlier) ·      Conversion price: 80% of the volume-weighted average share price for the 3 months prior to conversion at 1 year and 30 days ·      Interest: 7% per annum, payable as accrued on repayment and/or conversion ·      Symphony able to repay the loan in full or in part before conversion

Symphony Environmental Technologies

Symphony Environmental Technologies exclusive agreement to increase sales of d2w significantly

Symphony Environmental Technologies Plc (LON:SYM), the global specialist in technologies that make plastic and rubber products smarter, safer and more sustainable, has announced that its USA distributor of d2w biodegradable plastics technology for nutritional supplement bottles, Better Earth LLC has signed an exclusive supply agreement with TricorBraun for its BioBottles™ brand of polyethylene bottles for the nutraceutical industry. TricorBraun is a global packaging company, and North America’s largest distributor of primary packaging. It operates from more than 100 locations across the Americas, Europe, Asia, and Australia. TricorBraun sold over 8 billion containers in 2022 and is working jointly with Better Earth, supporting

Symphony Environmental Technologies

Symphony Environmental further significant steps towards commercialisation achieved

Symphony Environmental Technologies Plc (LON:SYM) global specialists in technologies that make plastic and rubber products “smarter, safer and sustainable”, has announced a trading update for the year ending 31 December 2022, subject to final deliveries to be shipped before year-end and completion of the audit. Group revenue for FY-22 is expected to be approximately £6.5 million (2021: £9.2 million). This follows, as previously advised, a soft first half of the year with results affected by short term logistics and resource issues, temporary destocking issues, and a change to our glove strategy. Whilst the second half of the year has been stronger, the Middle

Symphony Environmental

Symphony Environmental progressive and advanced engagement at the K Show

Symphony Environmental Technologies Plc (LON:SYM), the global specialists in technologies that make plastic and rubber products smarter, safer and more sustainable, has announced it had progressive and advanced engagement with potential customers and possible strategic suppliers at the recent K Show. The K Show is the world’s largest plastic and rubber trade fair and was held in Düsseldorf, Germany from 19th to 26th October 2022. The K Show, held every three years, convenes leading suppliers and innovators from the international plastics and rubber industry. Illustrating the scale of the business development opportunity attending this event represents for the Company, the (previous) 2019 edition of

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Symphony Environmental “positive outlook on commercialisation and the pipeline” says Zeus

Symphony Environmental Technologies plc (LON:SYM) has announced new orders and a global expansion of d2p anti-insect technology sales to Rivulis, a global leader in drip irrigation products and solutions. The company has placed orders valued at more than $340k this month which follows sales in 2021a of $65k, and $130k during H1 2022e. Rivulis is using d2p for anti-insect protection for pipework. This announcement follows the supply agreement signed late last month with Grupo Bimbo, a large bakery group, for d2p additive applied to bread packaging film. For the moment, given the uncertain macro environment and inflationary headwinds we leave

Symphony Environmental

Symphony Environmental “validation of this positive outlook on commercialisation and the pipeline” says Zeus

Symphony Environmental Technologies plc (LON:SYM) has announced an exclusive supply agreement for its d2p (designed-to-protect) antimicrobial technology with a major customer. Grupo Bimbo (NASDAQ: BIMBOA) is one of the largest bread manufacturers globally. The company has conducted extensive trials of d2p for its plastic bread packaging, with the aim of extending the life of products, improving hygiene, and reducing waste. The company has asked SYM to supply d2p for its nominated bread packaging manufacturers across the American continent for a period of three years, which can be extended by agreement. Given the size of Grupo Bimbo’s operations (i.e., $17bn of

Analyst corner

Analyst corner – Expert insight into Cerillion, Dialight, Symphony Environmental, Surface Transforms and CyanConnode

In Analysts’ corner, DirectorsTalk brings you exclusive professional opinions from five of the leading equity research analysts on five companies listed on the London Stock Exchange. Symphony Environmental Technologies plc (LON:SYM) is a world leader in the development of additives to make ordinary plastic biodegradable and protective technologies to enhance plastic products. Surface Transforms plc (LON:SCE) is a highly innovative company, with its own patented materials technology and a team of PhD-qualified scientists and degree-qualified engineers who are continually developing new processes for the production of carbon-ceramic materials and new products for various applications. Cerillion plc (LON:CER) is a leading provider of billing,

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Symphony Environmental “now appears well placed to generate improved returns over the medium-term” says Zeus Capital

Symphony Environmental plc (LON:SYM) has provided a pre-close update for the full year. Results missed our estimates mainly due to one-off factors outside of the Group’s control. Hence, sales were c.£2.2m lower than we predicted. Consequently, the Group will report a small operating loss (c.£800k) vs. our previously estimated £170k profit. SYM expect to book c.£1.8m of delayed 2021a sales in 2022e. In contrast to short-term challenges, good strategic and commercial progress was made with both d2p and d2w products, and with new strategic partners in China and India. Management state for the first time that they now have pipeline

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