(Alliance News) - Symphony Environmental Technologies PLC on Tuesday said that Yemen has started to enforce an oxo-biodegradable plastic law that it passed in 2010 but was delayed due to the civil war.
The developer of technology to make plastic biodegradable said that as a result, manufacturers will only be allowed to produce oxo-biodegradable plastic bags only and their operating license will not be renewed if they are found to be non-compliant.
It said that inspectors will be deployed to ensure compliance and adds they will be using Symphony's d2dector.
"This is a very positive step forward for our d2w biodegradable plastic technology in one of the largest plastic producing and consuming areas in the Middle East. It builds on a continual process of change throughout the region towards plastic products that are scientifically proven to be better for the environment than ordinary plastics or other alternative materials," said Chief Executive Michael Laurier.
Symphony Environmental Technologies shares rose 7.1% to 7.50 pence each on Tuesday morning in London.
By Tom Budszus, Alliance News reporter
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Symphony Env. (SYM)