Symphony makes product gains

Symphony Environmental Technologies has confirmed details of a number of major activities related to its d2w controlled-life plastic technology that have occurred so far in 2014, including a biodegradable development project with a multimillion dollar global consumer products corporation on one of its key product lines.

Symphony Environmental Technologies confirms d2w-related activities so far in 2014

Its d2w It is the brand for controlled-life plastic technology which is designed to control and shorten the life of normal plastic products and packaging. d2w is an additive formulation which is added to normal plastic at the extrusion or casting stage of manufacture.

Other d2w activities reported so far in the first six months of 2014 include the successful completion of first phase PET film development and a major fertilizer company in Pakistan adopting d2w in all polythene bag liner applications.

Symphony Environmental Technologies added that a number of high-quality sales leads are moving towards completion from several market sectors including food, chemical and agricultural.

Symphony Environmental Technologies also confirmed movement in its d2p anti-microbial plastic technology, such as entering into a development agreement with a 50 billion USD global polymer corporation, end users launching new finished products incorporating d2p, successful trials for post-harvest fruit applications in laboratory tests for rice and cheese packaging applications, successful tests for foamed mattresses and FDA bread packaging application approval expected by the end of 2014 year. FDA food contact approval is already in place for repeated use treated articles such as chopping boards and containers, with non-food applications approved for use in some EU countries and expected shortly in the US.

Symphony Environmental Technologies expects to announce its interim results for the six months to June 30 in September, with revenues are expected to be approximately 5.7 million USD.