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Licensee Update

20th Apr 2011 12:00

RNS Number : 2682F
Environmental Recycling Tech. PLC
20 April 2011
 



 

 

 

For Immediate Release 20 April 2011

 

 

Environmental Recycling Technologies plc

("ERT" or the "Group")

 

 

 

Environmental Recycling Technologies plc (AIM: ENRT), which has developed and is exploiting the patented rights to the Powder Impression Moulding ("PIM") process capable of converting mixed waste plastics into commercially viable products, announces that existing licensee, One Delta Limited has been advised that its public access barrier has successfully passed the relevant Home Office barrier testing thereby enabling One Delta to accelerate the exploitation of its PIM developed product.

To date One Delta has acquired a number of licences from ENRT ranging from flood barriers to specific anti-ballistic defences and more recently to the construction of public access barriers. In line with ENRT's stated strategy, the development of these products is being entirely funded by One Delta.

Roger Baynham Managing director of ENRT commented:

"We are delighted that One Delta has achieved this landmark accreditation . Based on One Delta expectations, if achieved, we would expect them to become the Company's next key volume account. One Delta's other products are also undergoing formal testing and these several and varied applications are a great endorsement of our PIM technology underlining the flexibility of our process and highlighting the simplicity of ENRT's business model."

 

For further information:

Environmental Recycling Technologies plc

0845 071 1394

Ken Brooks, Executive Chairman

Roger Baynham, Managing Director

Evolution Securities

020 7071 4300

Bobbie Hilliam

Patrick Castle

Weber Shandwick Financial

020 7067 0700

Nick Oborne

Alex Brown

John Moriarty

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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