Symphony Environmental Announces Positive Findings on d2w Biodegradable Technology
Why we think this is neutral
This RNS appears to be a routine regulatory announcement with no material financial impact on the company. The findings of the Intertek study on Symphony Environmental's d2w technology are positive, as they confirm that the technology does not create microplastics. However, this information does not significantly change the investment case for the company.
Key Points
- Intertek study confirms d2w biodegradable technology does not create microplastics
- Study used ISO Standard 24187:2023 and found no toxicity to seedlings or earthworms
- CEO believes this will help address misconceptions about d2w technology
Summary
Symphony Environmental Technologies Plc (AIM:SYM) has announced the results of a scientific study by Intertek International, which confirms that its d2w biodegradable technology does not create microplastics. The study found that after samples of polyethylene (PE) and polypropylene (PP) had degraded in soil, ZERO microplastics were found. This addresses a key misconception about the technology and is expected to help drive increased adoption of d2w products.