Last checked at 25 Jan 2010 10:30
25th January 2010
Stanelco plc ("the Company")
Stanelco re-brands its fast growing bioplastics business
as 'Biome Bioplastics ltd'
Stanelco plc is pleased to announce that following continued high levels of growth, it has re-branded its bioplastics business today as Biome Bioplastics ltd.
Biome Bioplastics makes and sells plastics from renewable resources that also biodegrade. Product areas it operates in are increasing as large corporations switch to using sustainable resources in key brands. Recently the division has supplied materials to be used in packaging, waste disposal, paper products, personal care, horticulture and electronics. This, combined with the division's continued growth, provides an opportune time to invest in establishing the division as a brand in the sector.
The new brand name utilises the word biome [pronounced bahy-ohm], which is a scientific word used to describe ecologically similar climatic conditions such as communities of plants, animals, and soil organisms and are often referred to as an ecosystem. This re-branding is fitting for a business that manufactures materials from renewable resources and that biodegrade at the end of their useful life.
A new website is launched today for Biome Bioplastics customers which captures the progress being made with these materials (www.biomebioplastics.com) as well as providing extensive information on the business and product areas.
Paul Mines, Chief Executive of Stanelco said:
"Stanelco's bioplastics business has continued to achieve high levels of growth through the last two years, so it is appropriate at this time that it becomes described by a name that reflects its activities so well. Biome Bioplastics captures the essence of our activities in both the natural and business ecosystems.
"We have invested considerable thought into this re-branding as Biome Bioplastics enters its next stage of growth, with an increasing portfolio of applications and end-uses. We look forward to working with our current and new customers under the new brand and further developing our scale within the marketplace."
Ends
Enquiries:
| Paul Mines, Chief Executive, Stanelco plc Sue Bygrave, Group Finance Director, Stanelco plc | Tel: +44 (0) 2380 867100 |
| Jonathon Brill/Caroline Stewart, Financial Dynamics | Tel: +44 (0) 20 7831 3113 |