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BASF SE Message Board

  • amzing1bdj amzing1bdj Jul 11, 2013 1:25 PM Flag

    Eu cosmetic/chemical regulation IN FORCE.

    This new regulation is going to be a huge win fall for the collaboration basf has with NANX for zinc oxide.

    The 100+nm zinc oxide product z-cote lsa and applies clear not leaving any white residue. sold thru basf produced by nanx is now approved EU WIDE AND DOESN'T HAVE TO BE LABELED NANO.

    The eu cosmetics market is larger than the US.

    In the us NANX sell 6.5mm of this product.

    NANX CEO said we may see the companies first positive cash flow quarter in the company'a history.

    They also have a patent application out for a new energy storage material launching this year.

    Company has 0 debt and forecast 20% growth and trades at just 1.5 x sales with 35% gross margins.

 
BASFY
99.54+0.29(+0.29%)10:17 AMEDT

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