Symphony Environmental makes progress in battle against COVID-19

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  • Proactive news headlines: Symphony Environmental, Open Orphan, Arecor Therapeutics, Kanabo Group…
  • Symphony Environmental Technologies present their EU case, after receiving defence documents
Symphony

Quick facts: Symphony Environmental Technologies PLC

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Symphony Environmental Technologies plc specializes in developing and marketing a wide range of plastic products and other environmental technologies, and operates worldwide.

14 Jul 2021

() said it has received approval from the US Food & Drug Administration (FDA) for its d2p antimicrobial food contact technology, as well as a much greater loading of the technology and the wider use of its original bread-packaging approval announced in February last year.

() has won two new lines of business. Through its Breda office in the Netherlands it has landed a EUR900,000 contract for clinical trial services with an unnamed existing client which it describes as a “world leader in vaccine and antiviral testing”. And in a separate announcement, it said the government is expanding a COVID-19 characterisation study with the recruitment of a further 20 healthy volunteers “to answer further questions” that can help in the fight against the virus.

Recently listed () said it is making progress in line with expectations outlined at the time of its flotation in early June.

(LON:BSE, ASX:BSE) is boosted by comments made at a conference by a government official who said an extension to the Kwale Special Mining Lease (SML 23) has been approved.

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14 Jul 2021

() said it received approval from the US Food & Drug Administration (FDA) for its d2p antimicrobial food contact technology alongside much greater loading of the technology and the wider use of its original bread-packaging approval announced in February last year.

The AIM-listed firm said that the FDA’s approval applies to all types of polyolefin and polyester film for wrapping bread, instead of just linear low-density polythene (LLDPE),. As a result, it expects an “acceleration of the commercial process in the near term”.

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13 Jul 2021

() gave a half-time report in which the board expressed confidence that full-year results would be in line with market expectations.

The AIM-listed group, which specialises in making plastics smarter, safer and more sustainable, said group revenue in the first half of 2021 rose to GBP4.9mln from GBP4.8mln in the same period of last year, and would have shown a 13% year-on-year increase to GBP5.4mln had exchange rates stayed unchanged from the first half of 2020.

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17 May 2021

() Michael Laurier explains to Proactive London the importance of receiving the defence documents from the Commission, Parliament, and Council of the European Union in their EU case.

They have brought the action because they believe EU institutions failed to make it clear that an intended ban on oxo-degradable plastic does not apply to oxo-biodegradable plastic.

If they are unsuccessful in their case and the EU is proved to be correct on the matter, Laurier says this will make ‘no difference’ to their operations, to focus on improving plastic by reducing its negative impact on the environment by making it biodegradable.

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The UK inflation rate hits 2.5%, the highest for nearly three years

FTSE 100 edged lower after some iffy inflation data and growing worries over the spread of Covid-19 infections.

UK inflation hit 2.5% in the year to June, the highest for nearly three years, as reopening the economy sent food and fuel costs higher. Eating and drinking out also pushed…

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