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About this update from Symphony Environmental Technologies Plc
[{"type":"text","content":"\n \nRNS Number : 1426M Symphony Environmental Tech. PLC 21 August 2013 \n \n\n \n \n \n\n\n\n\nPress release\n\n\n21 August 2013\n\n\n\n\n \nSymphony Environmental Technologies Plc\n \n(\"Symphony Environmental\" or the \"Company\")\n \nAgreement signed to market new anti-microbial product\n \n \nSymphony Environmental Technologies Plc (AIM: SYM), global specialists in advanced plastics and tyre recycling technologies - in harmony with public health & the environment, is pleased to announce that it has signed a five year supply and marketing agreement with Janssen Pharmaceutica (\"Janssen\"), a division of Johnson & Johnson, one of the world's largest pharmaceutical and healthcare companies. \n \nThe agreement covers an important breakthrough in anti-fungal and anti-bacterial technology for plastic applications. \n \nJanssen PMP (a division of Janssen Pharmaceutica) and Symphony have been working together for the past two years to introduce a master batch which can be put into plastic products at the manufacturing stage to control dangerous bacteria such as MRSA, E.coli, Salmonella, Listeria, Pseudomonas, and Aspergillus Niger; and in particular algae and fungi such as M. Piriformis and P. Roqueforti. The master batch will provide better protection against bacteria, fungi, moulds, mildew and algae for plastics including packaging, agriculture and fisheries products, semi rigid and rigid containers, medical instruments and pipes. \n \nThe agreement provides Symphony with distribution and marketing rights in a large number of countries. The product will be sold by Symphony and co-branded under the d2p brand name. \n \nThe need for this type of technology was highlighted by the UK Chief Medical Officer's warning in March 2013 that there is a catastrophic threat of resistance to antibiotics. Also, the British Broadcast Corporation (BBC) has reported that between 30% and 50% of the world's four billion tonnes of food products goes to waste each year.\n \nTests carried out by Janssen and at other laboratories have proved that the product will increase the shelf-life of bread and cheese, with the potential to do the same for fruit, vegetables poultry, meat and fish. It does this without contaminating the food. Symphony's Board be...