Symphony Environmental Technologies PLC - Borehamwood, England-based plastic technologies company - Signs a new distribution agreement with Faust Innovations for the sale of finished products made with its technologies. Faust Innovations is a new company established by Roberto Fama and Henry Uscinski, engaged in the management of human resources and supplies to hotels and resorts.
"Symphony provides a wide range of innovative products under its d2w and d2p brands which will be very useful in the hospitality industry. We are pleased to be working with two very experienced businessmen who are well placed to introduce our products to this important market, initially in Japan, Thailand, the United Arab Emirates and Hong Kong," says Symphony's Chief Executive Michael Laurier.
Current stock price: 26.90 pence, up 1.5% on Monday afternoon
Year-to-date change: up 63%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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Symphony Env. (SYM)