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JUDGE FINDS CASE FOR OXO-BIODEGRADABLE TECH PROVEN
JUDGE FINDS CASE FOR OXO-BIODEGRADABLE TECH PROVEN.
About this update from Symphony Environmental Technologies Plc
[{"type":"text","content":"\n \nRNS Number : 3065G Symphony Environmental Tech. PLC 05 November 2018 \n\n \n\n\n\n \n \n \n\n\n \n5 November 2018\n\n\n\nSYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC\n(\"Symphony\", the \"Company\" or \"the Group\")\n \nThe information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this information is considered to be in the public domain\n \nUK JUDGE FINDS THE CASE FOR SYMPHONY'S\nOXO-BIODEGRADABLE PRODUCTS PROVEN\n \nSymphony Environmental Technologies Plc (AIM: SYM), a global specialist in products and technologies to \"make plastic smarter\", has today welcomed a report by the distinguished lawyer and former deputy Judge of the High Court in England, Peter Susman QC, which has declared the scientific case for oxo-biodegradable technology to be \"clear and compelling\".\n \nTo bring clarity to the debate on biodegradable plastics, Symphony commissioned Peter Susman QC, to conduct an independent review of scientific evidence relating to the effectiveness of oxo-biodegradable technologies. \n \nThe evidence considered by Mr. Susman included the January 2018 report of the EU Commission, the Loughborough Report for the UK Government, and the 2016 Eunomia Report for the EU Commission. Mr. Susman examined the processes of abiotic and biotic degradation of plastics, and then looked specifically at degradation in air and degradation in seawater. \n \nHe concluded, in a 14-page written opinion, that oxo-biodegradable technology:\n \n· does facilitate the ultimate biodegradation of plastics in air or seawater by bacteria, fungi or algae, within a reasonable time, so as to cause the plastic to cease to exist as such, far sooner than ordinary plastics, without causing any toxicity;\n· that \"the benefit is obvious of reducing future contributions to the scourge of plastic pollution of land and sea\";\n· that oxo-biodegradable technology is compatible with composting and recycling; and\n· that \"the criticism alleging that oxo-biodegradable plastic technology would materially encourage litter...