Symphony Environmental Technologies Plc
SYM:LN
Overview
Company Profile
Symphony is a world leader in the development and marketing of Controlled-life Plastic, selling through international distributors and agents. The Company also sells a comprehensive range of traditional, non-degradable, flexible plastic products.
Symphony is quoted on the London Stock Exchange (AIM) as “LON:SYM” and has it’s head office in London but is active in more than 90 countries worldwide.
Degradable finished products and additives are sold either directly to customers or, increasingly, through a growing network of authorised Distributors and Agents. This flexibility provides security of supply, local availability and equates to a smaller carbon footprint and significant cost benefits to the Group and its customers.
The Company has two wholly-owned operating subsidiaries – Symphony Environmental Ltd which concentrates on environmental plastic solutions and Symphony Recycling Technologies Ltd whose operations are focused on recovering useful products from waste plastic and rubber products.
Symphony is a member of the Oxo-biodegradable Plastics Association (www.biodeg.org) (OPA), the society for the Chemical Industry (UK), and the Pacific Basin Environmental Council. Symphony actively participates in the Committee work of the British Standards Institute (BSI), the American Standards Organisation (ASTM), the European Standards Organisation (CEN) and the International Standards Organisation (ISO).
Classification
Sector Consumer Discretionary
Industry Containers & Packaging
Financials
Corporate
Board of Directors
Nirj Deva, DL, FRSA, MEP
Chairman of the Board
Mr. Deva has been a Member of the European Parliament since 1999 and is Vice-chairman of the Parliament’s International Development Committee. He is also Chairman of the EU-China Friendship Group. From 1992-97 he was a member of the UK Parliament. He has held a number of senior political appointments and has advised the boards of a number of public companies including International Leisure Group, Air Europe Plc, Tricentrol Oil Co Plc, EDS, Television South West, Thomas Howell Group, John Laing Plc, Aitken Spence, and Rothmans International Plc.
Michael Stephen, LL.M
Deputy Chairman
Michael Stephen is Commercial Director and Deputy Chairman of the Plc, and Chairman of its subsidiary companies. He qualified as a Solicitor with Distinction in Company Law. He was called to the Bar, and practised from chambers in London for many years, dealing with civil cases in the High Court and Court of Appeal. He was a member of the UK Parliament 1992-97 and was a member of the Trade and Industry Select Committee and the Environment Select Committee of the House of Commons. He served in Government as Parliamentary Private Secretary at the Ministry of Agriculture. He held a Harkness Fellowship in law at Stanford and Harvard Universities in the USA, and was Deputy Legal Adviser to the British Ambassador to the United Nations for the 25th General Assembly.
Michael Laurier
Chief Executive
Michael is the Chief Executive of the Company. Michael’s career began with his long established family packaging business, Brentwood Sack and Bag Co Limited. He took over responsibility for sales and production in the mid -1970s and changed the emphasis of the company’s business from jute products to polythene packaging, introducing the then innovative high density and medium density polythene bags into the UK market in 1975. He was appointed Managing Director of Brentapac UK Plc, which formerly owned the Tuffy trademark, in 1985, with continuing responsibility for national and international sales. He co-founded Symphony Plastics in 1995.
Ian Bristow
FCCA (Finance Director and Company Secretary)
Ian was in private practice for seven years, qualifying as a certified accountant in 1992. In 1994, he joined Brentapac UK Plc which was sold later the same year. He went on to co-found Symphony Plastics in 1995.
Nicolas Clavel
Non-Executive
Nicolas Clavel started his career in international banking in the mid seventies and his area of expertise has been structured trade finance and equity investments with a particular focus on Emerging Markets. He is Chief Investment Officer of Scipion Capital Ltd., (the Investment Manager of Scipion African Opportunities Fund SPC) and is personally CF 1, 3, 11 and CF30 approved by the UK Financial Services Authority. Nicolas is Swiss, and is based in London and Geneva. He is fluent in English, French, Italian and German.
Shaun Robinson
Non-Executive
Shaun Robinson has nearly 20 years corporate finance, restructuring and active asset management experience, focusing on operational real estate with key specialities in hotels and healthcare. A chartered certified accountant, Shaun Robinson joined the Somerston Group in 2004 and is responsible for the group’s business development. M & A and tax/corporate structuring. Shaun is also executive director of Richmount Management Limited, Somerston Health, Somerston Hotels and St James’s Hotels.