14 Feb 2006 07:00
Stanelco PLC14 February 2006 14th February 2006 Stanelco plc (Stanelco" or "the Company") Full US FDA approval granted for Starpol 2000 Biodegradable Packaging Material Stanelco, the RF (radio frequency) applications group, is pleased to announcefull food contact approval has now been granted in the United States by the USFDA (Food and Drug Administration) for all food categories for its Starpol 2000biodegradeable packaging material. This follows Stanelco's earlier announcement on 12th October 2005, regarding thefood contact approval of its Starpol 2000 biodegradable Packaging Material,following extensive analysis and testing carried out by PIRA International(Packaging International Research Association). Full commercial trials are now underway in the US and further details of thesewill be announced in due course. Howard White, Managing Director of Stanelco, commented: "This is a major step forward in taking our products and technology into the USmarketplace. We are excited about the prospects for Starpol 2000 as a globalstandard in packaging materials. We will update the market as our commercialtrials take place." - Ends - For further information please contact: Martin Wagner, Chief ExecutiveStanelco PLCTel: +44 (0)2380 867 100 Jonathon Brill/Billy CleggFinancial DynamicsTel: 020 7831 3113 About Stanelco plc The Stanelco Group of companies (the Group) has brought together expertise inradio frequency (RF) technology, RF applications and biodegradable materialsciences to create a revolutionary range of packaging technologies. Stanelco's philosophy is that new products and processes must offer solutionsand applications which: * give higher added value,* are greener, more environmentally sustainable than those they replace and* have protectable intellectual property rights. Stanelco will develop the products and processes to a demonstration stage andthen work with partners in order to reach the markets; and under thesecircumstances Stanelco will usually seek to license its technology. Stanelcoinvests considerable time and resources in ensuring its technologies areprotected via layers of patents wherever possible. In this way Stanelco believesit can minimise commercial risk and preserve the highest value for shareholders.The products offering the prospect of near term revenue generation are beinggiven priority over the Group's resources. 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. Stanelco's currentdevelopments include GREENSEAL Food tray lidding technology, STARPOL (starch /pva blended material), STARPOL 2000 (highly functional, low cost biodegradablepackaging material with food contact approvals) FrogPack high impact low costpackaging format, CradleWrap range of biodegradable air cushion packaging,Soluble tape, 100% water-soluble films and adhesives, Biodegradable Airbag (voidfill) packaging, edible hard-shell capsule technology, water-soluble detergentcapsules, edible sachets and waste packing. GREENSEAL, STARPOL, FrogPack and CradleWrap are all trademarks of the Stanelcoplc group. This information is provided by RNS The company news service from the London Stock Exchange