18th Sep 2008 15:04
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18 September 2008 |
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
Expansion in Canada
Symphony Environmental Technologies Plc ("Symphony" or "the Group"), the degradable plastics and waste-to-energy Group, is very pleased to announce that through its wholly owned subsidiary, Symphony Environmental Ltd., an Agreement has been reached for the formation of a new sales and distribution facility based in Montreal, Canada to support growing demand for d2w® eco-compatible plastic products and technology.
The new 10 year exclusive Distribution Agreement with Symphony Environmental Canada Inc ("SECI") is for the Canadian market and Symphony will own up to 30% of the shares in SECI, as part of the Agreement.
Symphony's new distribution operation has an experienced sales team to support and service its existing and growing customer-base in Canada. The operation is to be managed by Philippe Michon, CEO, who has, as a distributor, been representing Symphony in France and Belgium for the past 4 years. Claude Faubert who has a wealth of experience in the plastics industry has been appointed as SECI's Sales Manager. The new operation will ensure storage and distribution of Symphony's d2w® additive and after-sales service for the Canadian market, from warehouse facilities in Montreal.
For further information, please contact:
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Symphony |
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Michael Laurier, CEO |
Tel: 020 8207 5900 |
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Ian Bristow, FD |
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HB Corporate |
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Rod Venables |
Tel: 020 7510 8600 |
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Rory Creedon |
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Symphony Environmental Canada Inc |
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Philippe Michon, CEO |
Tel: 001 514 640 7272 |
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http://www.additifd2w.com |
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Further information on the Symphony Environmental Technologies Group of companies:
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC is a world leader in oxo-biodegradable eco-compatible plastic technology. The technology is recognised by the d2w® droplet logo on many thousands of tonnes of plastic products.
Symphony has a diverse and growing customer base and has established itself successfully as an international business. Its d2w® products can be found in more than 50 countries around the world and in many different product applications. Symphony is proud to be a member of the Oxo-biodegradable Plastics Association (www.biodeg.org).
Symphony is also developing innovative waste-to-energy technology and cost-effective processes to convert plastics, tyres and other waste-streams into valuable products.
Further information on the Symphony Group can be found at www.degradable.net
Related Shares:
Symphony Env.