REG - Symphony Environment - d2p Anti-Insect Sales

Symphony Environmental TechnologiesAnnouncement

07/07/2022 07:16

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RNS Number : 6065R  Symphony Environmental Tech. PLC  07 July 2022

Symphony Environmental Technologies Plc

("Symphony" or the "Company")

 

Increased d2p Anti-Insect Technology sales to

Rivulis Irrigation Ltd

 

Symphony Environmental Technologies (AIM:SYM), global specialists in
technologies that make plastic and rubber products smarter, safer and more
sustainable, are pleased to announce new orders and a global expansion of
their d2p "AI" anti-insect technology sales to Rivulis Irrigation Ltd
("Rivulis").

Rivulis has placed orders for d2p AI exceeding $340,000 this month which
follows sales in 2021 of $65,000 which doubled to $130,000 during H1 2022.

Symphony's collaboration with Rivulis started in December 2017 after
Symphony's R&D department had created a masterbatch with anti-insect
properties which could be put into plastic products at the point of
manufacture. Since then, Symphony's technical team has supported Rivulis in
the development of a unique range of irrigation pipes for farmers and growers.

Plastic irrigation pipes and drip-tapes are a very effective way to deliver
water to growing plants, but valuable water was being lost because insects
were puncturing the pipes.  By incorporating d2p AI into its products,
Rivulis has significantly reduced the damage caused by insects, and
consequently the amount of water being lost - an especially valuable benefit
in dry areas of the world.

Rivulis (www.rivulis.com (http://www.rivulis.com) ) is a world leader in drip
irrigation products and solutions. Established in 1966, Rivulis has a strong
global presence, including 16 manufacturing facilities with 2,300 employees,
plus three R&D centres (in Israel, Greece and California). Having
conducted field trials across several countries, with positive results,
Rivulis have placed a number of orders with Symphony for d2p AI for use in
irrigation systems in France, Turkey, Australia and Mexico. They have
incorporated d2p AI technology into their Rivulis and Eurodrip product ranges
and it is sold under the trade name Rivulis Defend.

Symphony expect Rivulis will place further orders for d2p AI before the end of
this year.

Symphony's CEO, Michael Laurier, said "We are excited by this commercial
progress, following an extensive development period. Our technical teams have
worked together to bring this unique and valuable product to the market. The
preservation and good management of water is essential, and we believe that
sales of our d2p AI technology will continue to increase in both the short and
longer term.  Our d2p AI technology can be used not only in water pipes, but
in any plastic articles and surfaces in homes, schools etc. to defend against
insects, many of which can spread dangerous diseases. We are proud that this
new technology will help countries around the world to meet one of the
important UN Sustainable Development Goals - the "sustainable management of
water."

Rivulis President, Drip Products and Projects Division, Eran Ossmy, said "With
Rivulis Defend, we not only help growers address the challenge of insect
damage but also realise labour, water and fertiliser savings. Rivulis Defend
reflects our commitment to developing field-trusted innovation to address
unique grower needs. We are pleased with the technical support we have
received from Symphony."

 

 

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 (Investment Banking)      +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

 

https://www.symphonyenvironmental.com (https://www.symphonyenvironmental.com)
 

 

 

Symphony has developed a range of additives, concentrates and master-batches
marketed under its d(2)p® ("designed to protect") trademark, which can be
incorporated in a wide variety of plastic and non-plastic products so as to
provide protection against many different types of bacteria, viruses, fungi,
algae, moulds, and insects, and against fire.  d(2)p products also include
odour, moisture and ethylene adsorbers as well as other types of
food-preserving technologies. For an overview see www.d2p.net
(http://www.d2p.net)    Symphony has launched d(2)p anti-microbial household
gloves and toothbrushes and "Symfresh" food-packaging, and is developing a
range of other d(2)p finished-products for retail sale.

 

Symphony has also developed a biodegradable plastic technology which addresses
the problem of persistent microplastics, by turning ordinary plastic at the
end of its service-life into a waxy substance which is biodegradable. It is
then no longer a plastic and can be bioassimilated in the open environment in
a similar way to a leaf without leaving microplastics behind. The technology
is branded d(2)w® and appears as a droplet logo on many thousands of tonnes
of plastic packaging and other plastic products around the world, much of
which has been recycled. In some countries, most recently Saudi Arabia,
oxo-biodegradable plastic is mandatory for short-life plastic products.

 

D(2)w technology was studied for three years in the Oxomar project, sponsored
by the French government, which concluded that plastic made with Symphony's
d(2)w oxo-biodegradable technology will biodegrade in seawater significantly
more efficiently than conventional plastic. See
https://www.biodeg.org/subjects-of-interest/agriculture-and-horticulture/the-marine-environment/
(https://www.biodeg.org/subjects-of-interest/agriculture-and-horticulture/the-marine-environment/)
 

 

Following this report, the scientists allowed bacteria commonly found in the
open environment access to d(2)w oxo-biodegradable plastic containing Carbon
13.  They found Carbon 13 in the carbon dioxide exhaled by the bacteria,
proving beyond doubt that the plastic had been bioassimilated by the bacteria.

 

Symphony has complemented its d(2)w and d(2)p product ranges with d(2)c
"compostable resins and products" that have been tested to US and EU
composting standards, and has invested in Eranova - a French company
extracting starch for making plastics, out of algae.

 

Symphony has also developed the d(2)Detector®, a portable device which
analyses plastics and detects counterfeit products.  This is useful for
government officials tasked with enforcing legislation, and Symphony's d(2)t
tagging and tracer technology is available for further security.

 

Symphony has a diverse and growing customer-base and has established itself as
an international business with 74 distributors around the world. Products made
with Symphony's plastic technologies are now available in nearly 100 countries
and in many different product applications. Symphony itself is accredited to
ISO9001 and ISO14001.

 

Symphony is a member of The BPA (www.biodeg.org) and actively participates in
the Committee work of the British Standards Institute (BSI), the American
Standards Organisation (ASTM), the European Standards Organisation (CEN), and
the International Standards Organisation (ISO).

 

Further information on the Group can be found at www.symphonyenvironmental.com
and twitter @SymphonyEnv   See also Symphony on Instagram. A Symphony App is
available for downloading to smartphones.

 

About Rivulis

Rivulis is a global micro irrigation (https://www.rivulis.com/) leader,
focused on enabling and promoting a sustainable agri-food supply chain to not
only feed our planet but also save it from the perils of climate change.

Rivulis offers the most innovative irrigation solutions
(https://www.rivulis.com/category_crop/solutions/) for seasonal, permanent,
and protected crop environments, through its three product and service
portfolio brands: Rivulis, Eurodrip and Manna. Established in 1966, Rivulis
has 16 large-scale manufacturing sites located across six continents, three
R&D Centers (Israel, California, and Greece) and multiple Irrigation
Project (https://www.rivulis.com/turn-key/) Design Centers around the globe.

Leading the mass adoption of micro irrigation globally, Rivulis is committed
to increasing accessibility to all growers everywhere through simple,
affordable, and smart technology covering the full cycle from design to
harvest. To learn how Rivulis can help you GROW BEYOND your highest
expectations season after season, visit www.rivulis.com
(http://www.rivulis.com) .

https://www.rivulis.com/rivulis-and-jain-irrigation-international-irrigation-business-to-merge/
(https://www.rivulis.com/rivulis-and-jain-irrigation-international-irrigation-business-to-merge/)

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