TIDMSYM
Symphony Environmental Tech. PLC
25 October 2021
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SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
("Symphony", "Company" or the "Group")
Distribution Agreement
Japan, Hong Kong, Thailand and United Arab Emirates
Symphony Environmental Technologies Plc (AIM:SYM) global
specialists in technologies that make plastic and rubber products
"smarter, safer and sustainable" and Faust Innovations are
delighted to announce a new Distribution Agreement for the sale of
finished products made with Symphony's technologies. Faust
Innovations is a new company established by Roberto Fama and Henry
Uscinski.
Italian entrepreneur Roberto Fama created "Art of Hospitality"
as a group of companies throughout Europe, the Middle East and
Asia, with over 1500 employees, engaged in the management of human
resources and supplies to hotels and resorts. In 2017 he joined
forces with Henry Uscinski, a seasoned businessman, lawyer and the
founder of Asia Capital Development Group, to develop a trading
business with the focus on hotel amenities, innovative cleaning
tools, consumables and disposable medical products. Their
collaboration today includes over 500 suppliers and customers in
the hotel consumables and medical devices fields.
Symphony's CEO, Michael Laurier said: "Symphony provides a wide
range of innovative products under its d2w and d2p brands which
will be very useful in the hospitality industry. We are pleased to
be working with two very experienced businessmen who are well
placed to introduce our products to this important market,
initially in Japan, Thailand, the UAE and Hong Kong. We wish them
every success."
Enquiries
Symphony Environmental Technologies Plc
Michael Laurier, CEO Tel: +44 (0) 20 8207
5900
Ian Bristow, CFO
www.symphonyenvironmental.com
Zeus Capital Limited (Nominated Adviser and
Joint Broker)
David Foreman / Nick Cowles / Kieran Russell Tel: +44 (0) 161
(Corporate Finance) 831 1512
Dominic King / Victoria Ayton (Sales) Tel: +44 (0) 203
829 5000
Hybridan LLP (Joint Broker)
Claire Louise Noyce Tel: +44 (0) 203
764 2341
The person responsible for arranging the release of this
information is Michael Laurier, CEO of the Company.
NOTES TO EDITORS:
About Symphony Environmental Technologies plc
https://www.symphonyenvironmental.com
Symphony has developed a range of additives, concentrates and
master-batches marketed under its d(2) p(R) ("designed to protect")
trademark, which can be incorporated in a wide variety of plastic
and non-plastic products so as to give them 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. Symphony has also launched d(2) p
anti-microbial household gloves and toothbrushes (most recently in
Bahrain), and is developing a range of other d(2) p finished
products for retail sale.
Symphony has developed and continues to develop, a biodegradable
plastic technology which helps tackle the problem of microplastics
by turning 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 a similar way to 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, most recently Saudi
Arabia, oxo-biodegradable plastic is mandatory.
The Group has complemented its d(2) w biodegradable product
range with d(2) c "compostable resins and products" that have been
tested to US and EU composting standards.
Symphony has also developed the d(2) Detector(R), a portable
device which analyses plastics and detects counterfeit products.
This is useful to 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 OPA (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.
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