Business Services Industry
OPINION: Symphony Plastic Technologies Bags Bargain.
Knight Ridder/Tribune Business News, August, 2002
By Andrew Griffiths, Sunday Business, London Knight Ridder/Tribune Business News
Aug. 18--The degradable carrier-bag manufacturer, Symphony Plastic Technologies, has won a significant contract to supply Somerfield and Kwik Save stores. The supermarkets are switching from their non-degradable suppliers in a deal worth at least UKpound 4.3 million (euro6.8 million). The first deliveries will start this year and the contract runs for 12 to 15 months.
Somerfield and Kwik Save operate more than 1,300 stores in the UK. The announcement follows Symphony's first UK supermarket deal with Co-operative Retail last month. The new contracts will more than double the rate of Symphony's sales this year, with the company set to produce more than 1...
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