New product launch, South Korea

Symphony Environmental Technologies Plc, a global leader in "smarter, safer, and sustainable" plastic and rubber technologies, is delighted to announce that CPST, its exclusive distributor in South Korea, in collaboration with PetRize Inc., has been awarded the Grand Prize (Early Startup Division) at the Gyeonggi Province Pet Startup Competition for the innovative Wanspapa biodegradable Dog Waste Bag ("Wanspapa").

Developed by CEO Do Hyung Kim of PetRize Inc., Wanspapa incorporates Symphony's d2w biodegradable masterbatch, supplied by CPST, to deliver a sustainable solution for pet owners without compromising product performance.

PetRize Inc., a dynamic start-up with modest sales revenues, is pursing ambitious plans for rapid international expansion. The company is targeting major retail chains in Korea, North America, Canada and Australia for its innovative pet product range - regions recognised for their substantial demand for pet products. As part of this strategy, PetRize aims to integrate Wanspapa into these sales channels.

This milestone demonstrates how Symphony's d2w technology, supplied by CPST, delivers tangible commercial value in the global pet market while advancing environmental sustainability.

"d2w causes polyethylene bags to biodegrade if they enter the open environment-without compromising performance. CPST remains committed to expanding sustainable material solutions to global markets."

Product Advantages

Wanspapa offers significant advantages over conventional and imported alternatives:

• ASTM D6954-24 open-air biodegradability - proven to leave no microplastics
• Easy-open design for convenience
• Excellent tear strength for reliability
• Reduced odour for improved user experience
• Lower CO₂ emissions supporting sustainability goals
• Manufactured in South Korea - ensuring advanced quality and reliability

These features meet the expectations of environmentally conscious consumers in the USA, Japan, and South Korea, providing a superior alternative to products made in China.

Michael Laurier, CEO of Symphony Environmental, commented:

"We are delighted to see this excellent progress through our exclusive distributors in South Korea. It is a testament not only to our technology, but to their hard work over many years explaining its benefits. We believe that further updates will be provided soon "