Symphony Plastic Technologies PLC
22 May 2006
Symphony Plastic Technologies plc
Caribbean Sales
Symphony Plastic Technologies Plc ('Symphony'), the degradable plastics company,
is pleased to announce confirmation of sales through its exclusive distributor,
Caribbean Environmental Protection Inc. (CEPI), to a number of new customers in
the Caribbean in line with its Preliminary Results statement of the 27th April
2006.
Initial bank facilities for CEPI have recently been approved to support new
orders in the Caribbean region which are expected to exceed US$4 million in
sales for Symphony in a full financial year.
Michael Laurier, Chief Executive, said:
'This further expansion of our Caribbean sales extends the reach of our d2w(R)
brand in the region. We believe that demand for our products will continue to
grow as the fragile environment and regional economies demand a practical and
commercially viable solution to the persistent problem of plastic pollution.'
For further information, please contact:
Symphony Tel: 020 8207 5900
Michael Laurier, CEO
Ian Bristow, FD
Panmure Gordon & Co Tel: 020 7614 8385
Andrew Godber
Citigate Dewe Rogerson Tel: 020 7638 9571
Patrick Toyne-Sewell
Ged Brumby
Further information on Symphony Plastic Technologies plc:
Symphony develops and supplies environmentally responsible plastic packaging
products and additives, which are distributed primarily to the retail, local
authority and health related sectors. The Group's main technology, d2w(R),
allows plastic to degrade, leaving only water, a minimal amount of carbon
dioxide and trace amounts of non-toxic biomass over a short time period. The d2w
(R) product range now includes additives, carrier bags, refuse sacks, mailing
wrap, stretch film, and packaging films.
Symphony has a diverse customer base in the UK and has successfully established
itself as an international business after signing distribution agreements with
companies in Brazil, Canada & USA, India, New Zealand, South Africa, the
Caribbean, Saudi Arabia, Colombia and Qatar. d2w(R) products can now be found
in more than 40 countries.
Further information on Symphony can be found at www.symphonyplastics.com and
www.degradable.net.
End
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