Business
Interview on Sky News
Interview on Sky News.
About this update from Symphony Environmental Technologies Plc
[{"type":"text","content":"\n \nRNS Number : 7432B Symphony Environmental Tech. PLC 12 January 2018 \n\n \n\n\n\n\n \n \n\n\n \n12 January 2018\n\n\n\n\n \nSYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC\n(\"Symphony\", or the \"Company\")\n \n \nInterview on Sky News\n \nOne of Symphony's Directors, Michael Stephen was interviewed on Sky News yesterday about the Prime Minister's announcement on plastic waste. He said that whilst the company supports recycling, there is a \"black hole\" in the government's policy. This is because the plastic waste cannot be collected for recycling if it has escaped into the open environment, and especially into the oceans. For this reason, we should stop using old-fashioned plastic. \n \nSymphony's scientists have found a way to upgrade the plastic so that it will convert itself into biodegradable materials at the end of its useful life and will be recycled back into nature like a leaf or a piece of seaweed. It is crucial to understand that it does not just fall into fragments, but the molecular structure is dismantled so that it is no longer a plastic. \n \nOrdinary plastic can be upgraded with Symphony's technology by existing plastics factories at little or no extra cost and with their existing machinery and workforce.\n \nAn added bonus is that if it does get collected before it has degraded it can be safely recycled with ordinary plastic. \n \nMichael Stephen pointed out that countries in the Middle East such as Saudi Arabia and the UAE have already legislated to require the use of upgraded plastic, and Symphony thinks that the UK and the EU should do the same. He has had meetings with officials in Brussels, and Symphony is willing to brief the Secretary of State for the Environment, Michael Gove.\n \nTo view the broadcast on Sky News see: https://youtu.be/-cctnvC4vic\n \nOn the same day, Symphony's CEO, Michael Laurier, was interviewed on BBC 3 Counties Radio.\n \nFor further information, contact:\n \nContacts\n\n\n\n\nSymphony Environmental Technologies Plc\n\n\n\n\n\n\n\nMichael Laurier, CEO\n\n\nTel: +44 (0) 20 8207 5900\n\n\n\n\nIan Bristow, FD\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCantor Fitzgerald Europe\n\n\n\n\n\n\n\nDavid Foreman / Callum Butterfield (Corporate Finance)\n\n\nTel: +44 (0) 20 7894 7000\n\n\n\n\nAlex...