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Plantic Tech says sales projections in Europe, US 'proved far too optimistic' |
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LONDON (Thomson
Financial) - Plantic Technologies Ltd. said its sales projections for
rigid sheets in Europe and injection moulding resins in the US 'proved
far too optimistic' in terms of timing.
The bioplastics company said in an AGM statement
that the projected sales of injection moulding resins are now taking
place throughout 2008 and that changes to its structure and management
team are starting to deliver progress in Europe.
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