REG - Symphony Environment - Trading and Middle East operations update

Symphony Environmental TechnologiesAnnouncement

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RNS Number : 9966L  Symphony Environmental Tech. PLC  17 December 2025

 

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

17 December 2025

Symphony Environmental Technologies plc

("Symphony", the "Company" or the "Group")

Trading update and significant transformation of operations in the Middle East

 

 

Symphony Environmental Technologies Plc (AIM:SYM), global specialists in
technologies that make plastic and rubber products "smarter, safer and
sustainable", announces that as a result of management- driven strategic
change in its Middle East operation, Group revenue for the year ending 31
December 2025 is now expected to be approximately £5.4 million, and a
comparable adjusted LBITDA to that incurred in the previous year of £0.9
million.

 

Significant transformation of operations in the Middle East

 

The Board is pleased to announce that it has successfully commenced its new
manufacturing agreement with Pure Polymers in Jeddah, Saudi Arabia. This is a
key pillar of the Group's strategic expansion in the Middle East to capture
increasing share of anticipated growth in Middle East markets driven by
regulatory enforcement and general macroeconomic dynamics.

This milestone builds on previous positive statements by the Company where we
noted the increasing demand for d2w biodegradable plastic masterbatch
technology in the region, supported by improved enforcement of SASO 2879
plastic regulations. These regulations mandate the use of oxo-biodegradable
products and specifically exclude "compostable" and non-biodegradable
alternatives. Symphony's d2w masterbatches, now produced locally in Saudi
Arabia, are fully compliant and have received approval from SASO (Saudi
Arabian Standards, Metrology and Quality Organization), ensuring both
regulatory approval and environmental responsibility. Symphony is also
strengthening its direct sales force in the region to accelerate progress in
this market.

In line with this development, manufacturing operations in Dubai have ceased,
reflecting the Company's focus on Saudi Arabia, where the Government is
actively encouraging local manufacturing initiatives. As a result of the
changeover process, d2w volumes in the Middle East H2 2025 are expected to be
nearly 70% lower than H2 2024. However, since commencing manufacture with Pure
Polymers earlier in December, volumes are expected to exceed FY 2024 levels
going forward in 2026.

 

Saudi Arabia is recognised as the world's largest producer of plastic, with
its plastic products market valued at approximately $8.3 billion and projected
to reach $10.87 billion by 2032. The Saudi government has, quite rightly, not
agreed to a reduction in plastic supply, maintaining that the focus should
instead be on implementing better waste management practices. This approach
reflects Saudi Arabia's commitment to sustainability and responsible resource
use, as demonstrated by ongoing efforts to improve product lifecycle design,
enhance waste management systems, and encourage collaboration between
government, industry, and research institutions.

The Board remains confident that the strategic shift to Saudi Arabia, combined
with the new collaboration agreement and strengthened management and sales
team, Symphony is well placed to benefit from the expected sharp increase in
demand in 2026. The Company continues to work closely with local authorities,
manufacturers and other stakeholders to ensure full compliance with regulatory
requirements and to support the Government's objectives, particularly Saudi
Vision 2030. https://www.vision2030.gov.sa/en

Further updates will be provided as the Company progresses its expansion in
Saudi Arabia and the Middle East region.

Enquiries:

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

 Zeus (Nominated Adviser and Broker)
 David Foreman, Emma Burn (Investment Banking)                         Tel: +44 (0) 203 829 5000

NOTES TO EDITORS

 

About Pure Polymers

Pure Polymers is a leading independent manufacturer of masterbatches and other
products for the plastics industry, based in Jeddah, Saudi Arabia. Established
in 2017, the company operates a state-of-the-art facility which has been
audited by Symphony's Technical Dept. It is equipped with advanced Italian
twin-screw extruders and produces high-quality white, colour, and additive
masterbatch, as well as custom thermoplastic compounds. Pure Polymers serves
the high-quality plastic converting, petrochemical, and plastics processing
industries across the Middle East and beyond, and is certified to ISO
45001:2018 for Occupational Health & Safety Management. The company is led
by CEO Fahad Al-Nanih and is recognised for its innovation, quality assurance,
and commitment to supporting sustainable manufacturing in the region.

 

About Symphony Environmental

 

 

Symphony's d2w masterbatch technology is added to polyethylene (PE) and
polypropylene (PP) products at the manufacturing stage at little or no extra
cost, and ensures that if they get into the environment at the end of their
useful life they will not create microplastics and lie or float around for
decades.
https://www.symphonyenvironmental.com/technologies/biodegradable-plastic/
Instead they will safely biodegrade, leaving no microplastics or toxicity.

 

If they get collected during their programmed life they can be recycled with
ordinary PE and PP without separation See
 https://www.biodeg.org/subjects-of-interest/recycling-2/
(https://www.biodeg.org/subjects-of-interest/recycling-2/)

 

Symphony also supplies a range of plastic technologies under its d2p (designed
to protect) brand www.d2p.net (http://www.d2p.net) to provide protection
against insects, viruses, bacteria, fungi, rodents, odours, and fire.

 

It has also introduced a new product under its NbR brand
https://www.symphonyenvironmental.com/natural-biodegradable-resin/
(https://www.symphonyenvironmental.com/natural-biodegradable-resin/) to reduce
the amount of fossil-derived material in plastic products.

 

Symphony has a diverse and growing customer-base and has established itself as
an international business with over 70 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
certified according to ISO9001 and ISO14001.

 

Symphony 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 and Linkedin.

 

 

 

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