Business
Caribbean Sales Update
Caribbean Sales Update.
About this update from Symphony Environmental Technologies Plc
[{"type":"text","content":"\n Symphony Plastic Technologies PLC\n22 May 2006\n\n\n Symphony Plastic Technologies plc\n Caribbean Sales\n\n\nSymphony Plastic Technologies Plc ('Symphony'), the degradable plastics company,\nis pleased to announce confirmation of sales through its exclusive distributor,\nCaribbean Environmental Protection Inc. (CEPI), to a number of new customers in\nthe Caribbean in line with its Preliminary Results statement of the 27th April\n2006.\n\nInitial bank facilities for CEPI have recently been approved to support new\norders in the Caribbean region which are expected to exceed US$4 million in\nsales for Symphony in a full financial year.\n\nMichael Laurier, Chief Executive, said:\n\n'This further expansion of our Caribbean sales extends the reach of our d2w(R)\nbrand in the region. We believe that demand for our products will continue to\ngrow as the fragile environment and regional economies demand a practical and\ncommercially viable solution to the persistent problem of plastic pollution.'\n\n\nFor further information, please contact:\n\n Symphony Tel: 020 8207 5900\n Michael Laurier, CEO\n Ian Bristow, FD\n\n Panmure Gordon & Co Tel: 020 7614 8385\n Andrew Godber\n\n Citigate Dewe Rogerson Tel: 020 7638 9571\n Patrick Toyne-Sewell\n Ged Brumby\n\nFurther information on Symphony Plastic Technologies plc:\n\nSymphony develops and supplies environmentally responsible plastic packaging\nproducts and additives, which are distributed primarily to the retail, local\nauthority and health related sectors. The Group's main technology, d2w(R),\nallows plastic to degrade, leaving only water, a minimal amount of carbon\ndioxide and trace amounts of non-toxic biomass over a short time period. The d2w\n(R) product range now includes additives, carrier bags, refuse sacks, mailing\nwrap, stretch film, and packaging films.\n\nSymphony has a diverse customer base in the UK and has successfully established\nitself as an international business after signing distribution agreements with\ncompanies in Brazil, Canada & USA, India, New Zealand, South Africa, the\nCaribbean, Saudi Arabia, Colombia and Qatar. d2w(R) products can now be found\nin more than 40 countries.\nFurther information on Symphony can be found at www.symphonyplastics.com and\nwww.degradable.net.\n\nEnd\n\n\n This information is provided by RNS\n The company news service fro...