RCS - Symphony Environment - Positive DEFRA consultation

Symphony Environmental TechnologiesAnnouncement

29/11/2021 07:00

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RNS Number : 7859T  Symphony Environmental Tech. PLC  29 November 2021

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New UK Government consultation:

oxo-biodegradable not listed as a "problematic plastic"

 

Symphony Environmental Technologies (AIM:SYM), global specialists in
technologies that make plastic and rubber products "smarter, safer and more
sustainable", is pleased that DEFRA (the UK government department for
Environment, Food and Rural Affairs) has NOT listed oxo-biodegradable
plastic in its November 2021 public consultation as a "frequently littered
and problematic plastic." The Scottish Government has likewise issued draft
Regulations in November which do not list oxo-biodegradable plastic. Symphony
views this as a major step in the right direction.

Symphony is also encouraged that the UK Government has given grants for the
development of oxo-biodegradable technology (sometimes described as
biotransformation), demonstrating an understanding that these technologies can
reduce the problem of plastic litter which does not get collected for
recycling.

The British Royal Family has also shown support. HRH The Prince of Wales has
visited a facility developing biotransformation technology, and Symphony is a
subscriber to the Prince's "Terra Carta" Sustainable Markets Initiative.

DEFRA and the Scottish Government have now seen the evidence from the
four-year Oxomar study sponsored by the French government proving that
oxo-biodegradable plastics do biodegrade, even in the oceans, much more
efficiently than conventional plastics.  They have also seen the study by
Queen Mary University London showing that the biodegradation of LDPE
(low-density polyethylene) containing Symphony's d2w was 90‐times greater
than ordinary LDPE after 35 days.  They are also aware that the European
Chemicals Agency, after ten months' study was not convinced that
oxo-biodegradable plastic created microplastics.

Michael Laurier, CEO of Symphony said, "We welcome the position taken by the
UK and Scottish Governments, and we will now be putting more effort into
explaining and marketing our d2w technology in the UK."

 

Enquiries

 

 Symphony Environmental Technologies Plc
 Michael Laurier, CEO                                                  +44 (0)20 8207 5900
 Ian Bristow, CFO
 www.symphonyenvironmental.com (http://www.symphonyenvironmental.com)

 Zeus Capital Limited (Nominated Adviser and Joint Broker)
 David Foreman, Kieran Russell, Guy Brinkley (Corporate Finance)       +44 (0)161 831 1512
 Dominic King, Victoria Ayton (Sales)                                  +44 (0)203 829 5000

 Hybridan LLP (Joint Broker)

 Claire Louise Noyce                                                   +44 (0)203 764 2341

 

NOTES TO EDITORS:

 

About Symphony Environmental Technologies plc

 

 

Symphony Environmental is a world-leading developer of technologies that make
traditional plastics biodegrade and enable them to protect us against external
threats.

 

Symphony's d2w biodegradable plastic technology reduces plastic pollution by
turning ordinary plastic into biodegradable materials if it does not get
collected for recycling, leaving no microplastics or toxic residues.
Distributed in nearly 100 countries, the d2w® logo has appeared on thousands
of tonnes of plastic products for over twenty years, and much of it has been
recycled.

A range of additives, concentrates and masterbatches marketed under its d2p®
brand are incorporated in many plastic and non-plastic products to provide
protection against microbes, insects, odours, fouling and fire, and to reduce
food wastage.

 

Accredited to ISO9001 and ISO14001 standards, Symphony has a network of over
70 distributors globally, and is a member of the Oxo-biodegradable Plastics
Association (OPA) and Society for the Chemical Industry (SCI UK).  It
actively participates in the committee work of the British Standards Institute
(BSI), American Standards Organisation (ASTM), European Standards Organisation
(CEN), and International Standards Organisation (ISO).

 

For further information visit www.symphonyenvironmental.com
(http://www.symphonyenvironmental.com) , Twitter @SymphonyEnv and Instagram
symphonyenvironmental. A Symphony app is available for download.

 

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