leadf
logo-loader
RNS
viewSymphony Environmental Technologies PLC

Symphony Environment - New d2p product launch

RNS Number : 3492F
Symphony Environmental Tech. PLC
16 November 2020
 

16 November 2020

 

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony" or the "Group")

New d2p Product Launch

Symphony Environmental Technologies Plc (AIM: SYM), a global specialist in technologies to enhance the properties of plastic and some non-plastic products, is pleased to announce the launch of SYMFresh, a new reusable press n' seal fruit and vegetable bag.  The SYMFresh bags have been developed to keep climacteric fruit and vegetables fresher for longer. 

Climacteric fruit and vegetables release ethylene gas when placed or packaged in a plastic bag which causes accelerated ripening and decay of fruit and vegetables. This maturation can alter the colour and texture of the produce, effectively shortening the shelf life.

The new SYMFresh bags have been made with Symphony's d2p ethylene adsorber technology, a microporous structure which adsorbs and traps the ethylene inside the film, delaying ripening and regulating moisture, to slow down the drying out process. By conserving the nutritional qualities, crispness and flavour of the fruit and vegetables, SYMFresh bags are proven to extend the shelf life of such produce by up to 40%.

According to figures produced by WRAP (Waste and Resources Action Programme) an estimated one third of all food produced globally goes to waste. The UK alone wastes approximately 6.6 million tonnes of food annually with households accounting for 70% of this figure, and 34% of this wastage consisting of fruit and vegetables.

Food waste is not just a humanitarian problem but is also an environmental one.  Rotting food generates methane, a powerful greenhouse gas, 25 times more potent than carbon dioxide, and 11% of methane emissions come from food.

For further information a dedicated website with video link has been launched at https://www.sym-fresh.net/

Michael Laurier, CEO of Symphony, said: "After more than 3 years of development, we are delighted to launch the first retail consumable product made with d2p ethylene adsorber technology. This is part of a wider product development program, whereby we are meeting global demand to reduce food waste and to increase our product offering to existing and new markets.  Albeit early stage, conversations with our distributors on this new technology have been positive and we are hopeful SYMFresh will become a complementary as well as a commercially valued product alongside our existing product range."

www.d2w.net and www.d2p.net

 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 (Corporate Finance)

Tel: +44 (0) 203 829 5000

Dominic King / Victoria Ayton (Sales)




Hybridan LLP (Joint Broker)

Claire Louise Noyce

 

 

Tel: +44 (0) 203 764 2341


 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAKKPBQOBDDPDD

Quick facts: Symphony Environmental Technologies PLC

Price: -

Market: AIM
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Market Report: FTSE dives as Europe shuts its doors to UK

FTSE 100 opened sharply lower as Britain found itself in near isolation due to concern over the new strain of coronavirus in southern England. The blue-chip index dropped 67 to 6,462. Ports have been closed because of the new outbreak with lorries ‘stacked’ up on the road to Dover due to a...

4 weeks, 1 day ago

4 min read