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Paul Mines on video at Interpack 2008, see the new biodegradable tube here!

Stanelco licences the design and manufacture of FrogMat to MonoSol LLC

Modo launches a new DVD/CD tray made from Stanelco Bioplastic

AGM and Trading Update 28 April 2008

AGM Presentation 2008 is available for download here

World Première at Interpack: 100% Biodegradable Tube

New Stanelco Bioplastics Presentation in Tel Aviv, go here

Isracaps new Website seen as 'under construction' - 15 April 2008

 

2nd April 2008 - Posting of Annual Report & Accounts and Notice of Annual General Meeting

The Company's Annual Report & Accounts for the year ended 31 December 2007 were posted yesterday to shareholders and submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority, 25 The North Colonnade, Canary Wharf, London, E14 5HS, Tel. no. 020 7066 1000

The Annual Report & Accounts are also available on the Company's website

The Company's Annual General Meeting will take place at 10am on Monday 28 April 2008 at the offices of Financial Dynamics, Holborn Gate, 26 Southampton Buildings, London WC2A 1PB.

 

14 March 2008 - Stanelco PLC announces it's Final Results 2007

Preliminary Results for the 12 months ended 31st December 2007

Financial Highlights
Note - 2006 was a 14 month period
- Group revenue £8.1m (2006: £6.7m)
- Loss from operations excluding exceptional items £3.1m (2006: loss £6.6m)
- Closing Group cash position £8.1m; ahead of Board's expectations
- Loss per share 0.169p (2006: Loss per share 1.213p)

 

Business Highlights
- A year of transition and focus; re-organised Group into two distinct divisions:
- BioPlastics - strengthened Biotec sales; commenced commercialisation of further IP from Aquasol portfolio
- RF Applications - generating increased orders for traditional RF business
- Organisational changes resulted in a tight management team with clear priority of achieving growth through commercialisation of technology and products
- Disciplined and careful approach to cash control

John Standen, Non-Executive Chairman said:
"This past year has been one of significant achievements and positive changes for Stanelco, led by Paul Mines and his team. We have focused the business on two distinct areas that the Board believes will provide the Company with a sustainable, profitable future."

"With our substantial cash resources enabling us to look at sensible investment opportunities and improving sales showing the benefits of good management, we remain confident that the resources are in place to improve our business performance over time."

"The current year has started well and we expect continued good progress in the Group's main businesses. This gives the Board confidence in the outlook for further development in 2008."

Read the full results announcement

 

Bags made from Stanelco's Bioplast 2189

I have discovered a new UK manufacturer of biodegradable and compostable Bioplast 2189 bags, they are called Comp Bio Products Ltd and they are in the Wells Somerset area.

Front page of the Comp Bio Website- compostable bags are coming soon

Page showing the bags are Bioplast 2189

More information on the Comp Bio page of this Website

 

Please sign the UK Government petition to force supermarkets to use Bioplastic for their plastic bags

 

29 February 2008 - Speculation re plastics

Stanelco's commercial and development activities take place in the UK, with manufacture provided by Biotec, its German subsidiary jointly owned with SPhere S.A. Stanelco recently invested in further capacity at the German production factory, enabling it to have the capacity of producing annually the bioplastics that could replace some 2.9 billion conventional plastic bags. That equates to approximately one per week for every man, woman and child in the UK.

Paul Mines, Chief Executive of Stanelco said: "We welcome the press interest in this subject; Stanelco is well placed to supply the materials required to make plastic products that use sustainable resources and minimise man's impact on the environment. Adoption of our green technology is growing rapidly and customer interest is high; and we are working with our partners and customers to deliver this as rapidly as possible". Read the full announcement here

 

12th February 2008 - New RF Welders

Stanelco RF Applications unveils two new RF welders - the RF Portable Welder and the RF Stepper Welder - to complement their successful Mobile Welder. These new machines are destined to deliver cost-effective, portable and easy-to-use solutions. Read the press release