SECOS group ltd. (ASX: SES) announced the launch of MyEco™ products to 770 Coles stores, underpins the success of SECOS’ plan for a national rollout of its compostable product range. The total number of retail stores is expected to increase by over 2000 stores nationally by the end of November 2022 with MyEco™ products.
The SECOS’ compostable bags gives a neat and easy way to support with separating their food waste to households which is critical to confirm food does not end up in landfills.
The company continues to advance additional chances for growth in new markets for its branded MyEcoBag™ and MyEcoPet™ line of products. It is working to garner market share in grocery as well as in convenience stores in Australia, the USA, Latin America.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.