On 29th April the Attorney-General of California made a very aggressive attack on the industry.
For years the oil companies and plastic manufacturers have been warned that their business is under threat because plastic creates microplastics and is very persistent in the environment. The only way to respond to this threat is to use and support biodegradable masterbatch technology, which can be put into their products so that they will no longer be persistent in the open environment. They have not listened, and have continued to place their faith in recycling.
Symphony Environmental Technologies plc (LON:SYM) is a world leader in the development of additives to make ordinary plastic biodegradable and protective technologies to enhance plastic products.