Stanelco Plc (``Stanelco'' or ``the Company'') -- STARPOL 3000 Moves towards Full Commercialization.ORLANDO, Fla. -- Stanelco Plc (LSE LSE - Language Sensitive Editor :SEO (Search Engine Optimization, Search Engine Optimizer) See search engine optimization. ), the radio frequency applications group, is pleased to announce that its joint owned subsidiary Biotec has successfully overcome the final technical hurdles to full commercialization in the development of its revolutionary STARPOL 3000 biodegradable biodegradable /bio·de·grad·a·ble/ (-de-grad´ah-b'l) susceptible of degradation by biological processes, as by bacterial or other enzymatic action. bi·o·de·grad·a·ble adj. , rigid material. STARPOL 3000 is a multi layer material that produces a clear plastic type material from a combination of starch materials. This material can be produced at a discount to conventional plastic materials such as APET APET Amorphous Polyethylene Terephthalate APET Accident Progression Event Tree APET Algorithms Program Evaluation Tool APET Adaptable Performance Evaluation Testbed APET Australasian Perpetual Equity Trust APET Avionics Post-mission Evaluation Team and Polypropylene. It exhibits high gas barrier properties and is produced from 100% sustainable materials, is entirely suitable for most packaging applications and could revolutionize the plastics market. It can be thermoformed easily, can be supplied in a range of colors not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed. See also: Color and unlike conventional plastics is not susceptible to oil price fluctuations. The company is engaged in substantive commercial negotiations with a number of large end users including some of the world's biggest companies and with several converters who will be considering Micro Manufacturing Facility contracts around STARPOL 3000. Each MMF See multimode fiber. will contribute approximately GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 4 million per annum Per annum Yearly. per 20,000 ton licence plus a small percentage of end product sale price. The level of interest and the support we are receiving from some of the world's biggest companies affirms Stanelco's view that no other company in the world is able to compete with STARPOL 3000 and it is envisioned that this material will soon become an environmentally and cost effective alternative to APET and Polypropylene (PP). The revolutionary material can be used for most packaging scenarios where clear plastic is required and has enormous market opportunities. The market that it will be replacing is in the magnitude of millions of tons and this market will be entered into by a substantial number of micro manufacturing plants that will enable converters to manufacture their own resin, thereby ensuring their supply of material and also adding value to their supply chain. The product has zero petroleum content, and its pricing into the market is determined solely by the price of plastic and bears no relation to manufacturing cost. Therefore the initial pricing will be targeted at approx 10% less than current plastic material in substantial quantity and this will then track the price of APET/PP. Martin Wagner, Chief Executive of Stanelco, commented: "We are very excited about the potential of our STARPOL 3000 product. Having passed through these final technical tests, we will be moving at pace towards full commercialization and the interest levels from end users and converters has been immense." About Stanelco Plc The Stanelco Group of companies (the Group) has brought together expertise in radio frequency (RF) technology, RF applications and biodegradable material sciences to create a revolutionary range of packaging technologies. Stanelco's philosophy is that new products and processes must offer solutions and applications which: --give higher added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
--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 and then work with partners in order to reach the markets; and under these circumstances Stanelco will usually seek to license its technology. Stanelco invests considerable time and resources in ensuring its technologies are protected via layers of patents wherever possible. In this way Stanelco believes it can minimize commercial risk and preserve the highest value for shareholders. The products offering the prospect of near term revenue generation are being given priority over the Group's resources. Stanelco was founded in 1953 and is a world leader in the development of radio frequency technologies for processing polymers for edible and packaging applications and the design and manufacture of optical fiber technology, induction heating induction heating Method of raising the temperature of an electrically conductive material by subjecting it to an alternating electromagnetic field. Energy in the electric currents induced in the object is dissipated as heat. and dielectric dielectric (dī'ĭlĕk`trĭk), material that does not conduct electricity readily, i.e., an insulator (see insulation). A good dielectric should also have other properties: It must resist breakdown under high voltages; it should not welding equipment. Stanelco's current developments include GREENSEAL Food tray lidding technology, STARPOL (starch / pva blended material), STARPOL 2000 (highly functional, low cost biodegradable packaging material with food contact approvals), FrogPack high impact low cost packaging format, CradleWrap range of biodegradable air cushion air cushion n. 1. Trapped air that supports a vehicle a short distance above the surface of land or water. 2. A device that uses trapped air to absorb the shock of motion, especially in vehicles. Also called air spring. packaging, Soluble tape, 100% water-soluble films and adhesives, Biodegradable Airbag (void fill) packaging, edible hard-shell capsule technology, water-soluble detergent capsules, edible sachets and waste packing. GREENSEAL, STARPOL, FrogPack and CradleWrap are all trademarks of the Stanelco plc group. |
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