Lol. "It's suspected". Algenist margins have never been questioned and the cost of producing product was in reference to the intermediates.
Likely no switching needed. CnF is primarily used for completions & oil recovery. To find additional application in drilling solutions, is just an expanded use for an existing client.
Using generators to run a plant of that size?
That's like suggesting to tie a few dozen AAA batteries together to start my car in order to save on the cost of buying a car battery. Sure, you could do that and it might work from time to time while failing in other instances. But it'd be ineffective overall while doing little to addressing the actual problem.
You are both right. Canola oil is not partially hydrogenated in most cases and it is in some cases. For example look up ADM's product code (815070). Why Jim started this conversation is meaningless, however.
I don't think you can read about it, but I also have reasonable belief beyond mere speculation that suggests we're no longer working with them. Just hear-say from a non-company insider who was familiar w/ Dow. Not going to elaborate, and take that thought fwiw. But if its any solace, from what I understand it wasn't SZYM's fault either per what this person was told. Not every opportunity comes to fruition.
Understandable. Clinton's not SZYM's priority right now in any case and Galva was always supposed to play a supportive role in the downstream processing. In time, I'm sure they'll want more downstream processing at Clinton too, but that'll take some investment. Glad to hear the opinions.
65. The product of claim 60, wherein the at least one other cosmetic ingredient is selected from the group consisting of water, sodium hyaluronate, betaine, trisodium EDTA, glycerin, butylene glycol, amphisol K, shea butter, macadamian oil, isocetyl stearate, olive oil, PEG 150 distearate, grancil VX401, glyceryl monostearate, polyethylene, granpowder USQ, grancil PSQ, diocide and fragrance.
66. The product of claim 60 that is a cream, lotion, serum, gel, solution, spray or ointment.
As comprehensive as that portfolio seems to be, at the end of the day, the company was only doing about $45 million in sales per year and was founded in 1999, four years before we were. Who's to say what the margins were or how fast sales were growing too. Recall also that LM is an ingredient seller rather than the seller of a branded product line like Algenist.
I think you missed the point of Pavel's comments.. i don't think anyone was arguing for a relationship with IFF. It's about market pricing, and that market value just became much more defined with the latest sale.
More likely realignment back on a technical path higher. Either a large short covered or someone took a bullish position to reshape the chart back. Hence why we popped over the recent high just for a lil bit and we'll probably put in a higher base sometime after the upcoming pullback. Just a thought.