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Symphony Environmental Celebrates Legal Victory in Brazil for Biodegradable Plastics

Story Highlights
  • Symphony’s biodegradable plastic technology gains traction with a Brazilian court ruling.
  • The ruling may expand Symphony’s market in Brazil, addressing plastic waste issues.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Symphony Environmental Celebrates Legal Victory in Brazil for Biodegradable Plastics

Confident Investing Starts Here:

The latest update is out from Symphony Environmental Technologies ( (GB:SYM) ).

Symphony Environmental Technologies announced a significant legal victory with the Brazilian Supreme Federal Court upholding a law mandating the use of biodegradable plastic bags in Piracicaba. This decision not only supports environmental sustainability but also aligns with Symphony’s d2w oxo-biodegradable technology, potentially expanding its market in Brazil, a country facing major plastic waste challenges.

More about Symphony Environmental Technologies

Symphony Environmental Technologies Plc is a global leader in developing technologies that enhance the sustainability, safety, and intelligence of plastic and rubber products. With a diverse customer base and over 70 distributors worldwide, Symphony’s products are available in nearly 100 countries. The company is known for its d2w biodegradable plastic technology, which addresses the issue of microplastics, and d2p technology, which upgrades plastic products to provide protection against various environmental factors.

YTD Price Performance: 8.62%

Average Trading Volume: 146,504

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £7.09M

See more data about SYM stock on TipRanks’ Stock Analysis page.

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