LONDON (Alliance News) - Symphony Environmental Technologies PLC Tuesday said its d2w oxo-biodegradable technology has been certified by the Brazilian Association of Technical Standards, and has been awarded the "Ecolabel" certification.
The company produces environmentally friendly plastic products and recycling technologies, and claims its d2w technology is currently the only oxo-biodegradable additive to qualify for the Ecolabel.
"The Ecolabel confirms the environmental credentials of the d2w additive and distinguishes it from all other oxo-biodegradable products on the market," said Chief Executive Michael Laurier in a statement.
The company's shares were up 2.4% at 10.50 pence late Tuesday morning.
By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty
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Symphony Env. (SYM)