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Symphony Environmental Technologies' calls algae project in France 'significant step forward'

Symphony Environmental Technologies's PLC (LON:SYM) Michael Laurier talks to Proactive London's Katie Pilbeam about the completion of a €6m financing by its associate Eranova for its green algae project in France.

The money will be used to start of construction in Port St Louis, near Marseille, slated to begin in late November and complete by the end of April.

Laurier also updates investors on the largest baker in Turkey, Uno Bakery, launched a biodegradable packaging programme using Symphony’s d2w technology.

And the Brazilian supermarket chain Cotripal has launched a new range of shopping bags using its technology.

Quick facts: Symphony Environmental Technologies PLC

Price: 21 GBX

AIM:SYM
Market: AIM
Market Cap: £37.12 m
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