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SHARES STRONGLY UP/DOWN this week 12/12/05 (Master RSI)
Master RSI - Wed, 14 Dec 05 :
SEO 17.75 - 18.25p +1p
finally the are news out ......
Stanelco announces Landmark Cooperation
Deal with Perseco
Stanelco is pleased to announce that it has entered into a landmark cooperation
deal with Perseco (www.perseco.com) for the two companies to participate in a
joint effort to explore Stanelco's technologies, with a view toward developing
materials and products that are focused on fulfilling Perseco's growing
requirements for environmentally friendly, cost effective, innovative packaging
solutions.
Perseco, a subsidiary of HAVI Global Solutions (www.havigroup.com), is an
international leader in Packaging and Supply Chain Services to the food service
and beverage industries. Working with global manufacturers, distributors,
shippers, logistics experts and other partners in the supply chain Perseco plan
and execute creative, customized logistics, promotions management, packaging
innovations and cost effective solutions. Amongst their clients are some of the
world's leading fast food brands in the US.
Stanelco plans to update the market on trading and other developments shortly.
Howard White, Group Managing Director of Stanelco, commented:
"We are delighted that Perseco have acknowledged that Stanelco has some of the
most advanced packaging technology in the world. This includes both our range of
biodegradable food packaging materials from Biotec as well as the technologies
within the Company's other subsidiaries. With this cooperation Perseco will
partner Stanelco with a number of their global resource suppliers both to
present packaging solutions and to achieve sustainability in materials
throughout Perseco's packaging offerings."
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