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Update re. trials with Asda

10 May 2005 07:00

Stanelco PLC10 May 2005 10 May 2005 Stanelco PLC ("Stanelco") Update on Youngs Bluecrest Production Trials Stanelco, the RF (radio frequency) applications group, is pleased to announcethat following its recently announced contract with ASDA, the first stage offull-scale production trials with Youngs Bluecrest has now been completed. For atwo-week period fresh salmon has been sold using our GREENSEAL technology as thesealing process. The results of these trials have been extremely encouraging. Over the two-week period of the trials sales of the product packed and sold inthe selected ASDA stores have grown by 21%. Stanelco has been informed by ASDAthat this increase is as a direct result of a number of factors directlyattributable to our technology. Key amongst these is a more attractive lookingpack than the current product. In addition there were no reported leaking packsand waste at store level was reduced. Independent analysis carried out by Law Laboratories has also identified bettervisual appearance and a fresher taste as the product reaches its end of shelflife date. In addition microbiological analysis has also indicated that there isstrong evidence that an extra days' product life could be achieved. Tony Ruane, Technical Manager at ASDA said: "The benefits are now proving to be substantially beyond our original thinkingand as a result we will look to accelerate the introduction of this technologyto full scale commercial production. "The second trial is commencing on Wednesday 11th May at Hitchens Foods, wherewe will be trialling the process on layered salads and other items in the ASDAown label range of Hitchens products." Ian Balchin, CEO of Stanelco commented: "These trials are producing benefits well beyond our expectations and we lookforward to the imminent commercial discussions that are now being arranged." Ends For further information please contact: Ian Balchin, Chief ExecutiveStanelco PLCTel: +44 (0)2380 867100 Jonathon Brill/Billy CleggFinancial DynamicsTel: +44 (0)20 7831 3113 Notes to Editors: About Stanelco Stanelco was founded in 1953 and is a world leader in the development of radiofrequency technologies for processing polymers for edible and packagingapplications and the design and manufacture of optical fibre technology,induction heating and dielectric welding equipment. The Company's current corebusiness is the manufacture of optical fibre using Radio Frequency (RF)technology. Stanelco has been applying its technology to other markets. Currentdevelopments include biodegradable air cushion packaging, sealing of low-costconventional plastics for food packaging, water-soluble detergent capsules,foamed starch trays, edible sachets and waste packing. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
29th Apr 20247:01 amRNSTrading Update
29th Apr 20247:00 amRNSFinal Results 2023
15th Mar 20247:00 amRNSContract win for Stanelco RF Division
11th Mar 20241:59 pmRNSIssue of Convertible Loan Notes, PDMR Notification
15th Feb 20242:54 pmRNSContract win for RF Division
6th Feb 20247:00 amRNSTrading Update
13th Nov 20237:00 amRNSTrading Update
10th Oct 20234:32 pmRNSGrant of Options
27th Sep 20237:00 amRNSInterim Results
26th Jul 20237:00 amRNSTrading Update
30th Jun 20235:00 pmRNSTotal Voting Rights
22nd Jun 20237:00 amRNSContract win for Stanelco RF Division
31st May 20237:00 amRNSIssue of Equity, Director/PDMR Shareholding & TVR
25th May 20232:57 pmRNSAppointment of Non-Executive Director
25th May 202312:45 pmRNSResult of AGM
2nd May 20231:05 pmRNSDirector/PDMR Shareholding
27th Apr 20237:00 amRNSNotice of AGM and 2022 Annual Report
26th Apr 20237:01 amRNSTrading Update
26th Apr 20237:00 amRNSFinal Results 2022
18th Apr 202310:49 amRNSCompletion of CLN Fundraising
17th Apr 202311:30 amRNSResult of General Meeting
31st Mar 202311:14 amRNSProposed issue of Convertible Loan Notes
25th Jan 20237:00 amRNSTrading Update
16th Nov 20227:00 amRNSBiome receives £282k grant
10th Nov 202211:05 amRNSSecond Price Monitoring Extn
10th Nov 202211:00 amRNSPrice Monitoring Extension
10th Nov 20227:00 amRNSTrading Update
18th Oct 20229:28 amRNSHolding(s) in Company
22nd Sep 20224:41 pmRNSSecond Price Monitoring Extn
22nd Sep 20224:36 pmRNSPrice Monitoring Extension
22nd Sep 20222:05 pmRNSSecond Price Monitoring Extn
22nd Sep 20222:00 pmRNSPrice Monitoring Extension
22nd Sep 20229:05 amRNSSecond Price Monitoring Extn
22nd Sep 20229:00 amRNSPrice Monitoring Extension
22nd Sep 20227:00 amRNSInterim Results
5th Sep 20227:00 amRNSGrant funding from Innovate UK
2nd Aug 20228:59 amRNSTrading Update - Replacement
2nd Aug 20227:00 amRNSTrading Update
20th Apr 202212:01 pmRNSResult of Annual General Meeting
20th Apr 20227:00 amRNSTrading Update
30th Mar 20222:48 pmRNSDirector/PDMR Shareholding
30th Mar 20227:00 amRNSNotice of AGM and 2021 Annual Report
24th Mar 20227:00 amRNSFinal Results 2021
27th Jan 20227:00 amRNSTrading Update
4th Jan 202210:33 amRNSFurther substantial contract win for RF Division
16th Dec 20218:41 amRNSContract
17th Nov 20217:00 amRNSTrading Update
9th Nov 202111:12 amRNSHolding(s) in Company
25th Oct 20217:00 amRNSUpdate re biodegradable tree shelters
15th Sep 20217:00 amRNSInterim Results

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