Symphony Environmental Tech. PLC Dadex Launch - d2p treated Water Pipes
February 06 2017 - 6:24AM
RNS Non-Regulatory
TIDMSYM
Symphony Environmental Tech. PLC
06 February 2017
6 February 2017
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
("Symphony" or the "Company")
Dadex Launch
World's First d2p treated Water Pipes
Symphony Environmental Technologies Plc (AIM: SYM); global
specialist in 'making plastic smarter' is pleased to announce the
launch with Dadex Eternit Ltd ("Dadex") in Pakistan of a wide range
of plastic pipes incorporating Symphony's d2p antimicrobial
technology.
The launch took place today in Karachi in the presence of trade
and general media and marks the conclusion of a two year program of
scientific testing and technical trials, and the signing of a five
year exclusive agreement between Dadex and Symphony's Pakistan
distributor, Business Dynamics, for the supply of d2p.
Dadex is exclusively using Symphony's "d2p," technology (which
means "designed to protect"), in their antimicrobial products, and
a dedicated joint sales team has been formed with Business Dynamics
to introduce the new d2p pipes to existing customers as well as new
ones. The d2p technology is designed to ensure that the pipes will
be free from harmful bacteria and fungi.
Dadex is a public company, established 57 years ago and listed
on the Stock Exchange in Pakistan. It is based in Karachi and has
three manufacturing facilities and 11 offices nationwide.
Michael Laurier, CEO of Symphony, said: "We are delighted to be
associated with Dadex on their initiatives to improve their plastic
pipe products with the incorporation of our d2p additive
technology. We are also excited to be involved with helping to
create this important improvement to an everyday product. The weeks
ahead will involve an active supporting role for Business Dynamics
and Symphony as the new range of anti-microbial pipes are
introduced to the market."
Dadex CEO Qazi Sajid Ali said "We have made our reputation over
the past 57 years by identifying and developing innovative
technology for the benefit of our customers and the people of
Pakistan. Today is the latest milestone in that journey, and we are
pleased with the expert cooperation we have received from Symphony
and Business Dynamics."
Contacts
Symphony Environmental Technologies
Plc
Michael Laurier, CEO Tel: +44 (0)
20 8207 5900
Ian Bristow, FD
Cantor Fitzgerald Europe
David Foreman / Michael Reynolds Tel: +44 (0)
(Corporate Finance) 20 7894 7000
David Banks (Sales)
NOTES TO EDITORS:
About Symphony Environmental Technologies plc
Symphony has developed a range of additives, concentrates and
master-batches marketed as d(2) p, which can be incorporated in a
wide variety of plastic and non-plastic products and applications,
so as to give them protection against many different types of
bacteria, fungi, algae, moulds, insects and fire.
In addition, Symphony has already developed and continues to
develop, controlled-life plastic technology which turns ordinary
plastic at the end of its service-life into biodegradable
materials. It is then no longer a plastic and can be bioassimilated
in the open environment in the same way as a leaf. The technology
is branded d(2) w(R) and appears as a droplet logo on many
thousands of tonnes of plastic packaging and other plastic products
around the world. In some countries oxo-biodegradable plastic is
mandatory. For a video of d(2) w(R) plastic degrading see
http://degradable.net/play-videos/4.
Symphony has also developed the d(2) Detector(R), a portable
device which analyses plastics and detects counterfeit products.
Symphony's d(2) t tagging and tracer technology is also available
for further security. See www.d2t.net
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 97countries and in many
different product applications. Symphony is certified to ISO9001
and ISO14001.
Symphony is a member of The Oxo-biodegradable Plastics
Association (www.biodeg.org) (OPA), the Society for the Chemical
Industry (UK), and the Pacific Basin Environmental Council.
Symphony 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 Symphony Group can be found at
www.symphonyenvironmental.com
This information is provided by RNS
The company news service from the London Stock Exchange
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