Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Symphony Environmental Technologies ( (GB:SYM) ) has issued an update.
Symphony Environmental Technologies announced that its d2w biodegradable plastic technology has been confirmed by the Environmental Protection Agency of Ireland as compliant with the EU Directive 2019/904. This confirmation, based on scientific evidence, distinguishes d2w products from oxo-degradable plastics, as they fully biodegrade without leaving microplastics or toxic residues. The approval allows Symphony to expand its market reach within the EU, aligning with the EU Plastic Strategy and enhancing its industry positioning as a leader in sustainable plastic solutions.
More about Symphony Environmental Technologies
Symphony Environmental Technologies Plc is a global specialist in technologies that enhance the sustainability of plastic and rubber products. The company offers solutions like the d2w masterbatch technology, which ensures plastics biodegrade without leaving microplastics or toxic residues. Symphony also provides a range of protective plastic technologies under its d2p brand and has introduced a new product under the NbR brand to reduce fossil-derived materials in plastics. With a diverse customer base and over 70 distributors worldwide, Symphony’s products are available in nearly 100 countries.
Average Trading Volume: 730,077
Technical Sentiment Signal: Buy
Current Market Cap: £28.95M
Find detailed analytics on SYM stock on TipRanks’ Stock Analysis page.