Ramoil Management, Ltd
is getting into a hot market->Supercritical CO2 is becoming an important commercial and industrial solvent due to its role in chemical extraction in addition to its low toxicity and environmental impact. The relatively low temperature of the process and the stability of CO2 also allows most compounds to be extracted with little damage or denaturing. In addition, the solubility of many extracted compounds in CO2 vary with pressure, permitting selective extractions.
Supercritical carbon dioxide is used as the extraction solvent for creation of essential oils and other herbal distillates. Its main advantages over solvents such as hexane and acetone in this process are that it is non-toxic and non-flammable. Furthermore, separation of the reaction components from the starting material is much simpler than with traditional organic solvents, merely by allowing it to evaporate into the air or recycling it by condensation into a cold recovery vessel. Its advantage over steam distillation is that it is used at a lower temperature, which can separate the plant waxes from the oils. http://en.wikipedia.org/wiki/Supercritical_carbon_dioxide
7/15/2014 5:37:26 PM ET
Imperial Tobacco to snag U.S. e-cig lead thanks to deal
By Jilian Mincer, Martinne Geller and Anjuli Davies
NEW YORK/LONDON (Reuters) - When Imperial Tobacco Group Plc agreed Tuesday to buy a group of brands from Reynolds American Inc and Lorillard Inc as part of their merger, the British company insisted the assets include Lorillard's blu e-cigarette unit.
The brand gives Imperial, which will become the third-largest U.S. tobacco company overall, a big lead in the new and fast-growing U.S. electronic cigarette market where it now accounts for about 47 percent of market share. E-cigarettes are considered a crucial business for big tobacco companies, which have bought or developed their own brands in recent years to offset shrinking sales of conventional tobacco cigarettes.
Imperial, which already had an e-cigarette product called Puritane, hopes to build on blu's strong U.S. foothold worldwide, said Chief Executive Alison Cooper.
“When it comes to e-cigarettes, outside of the U.S. you haven’t got strong brands,” said Cooper. “The opportunity is to start getting the technology right with a great brand. "We do think it’s a great brand," she said. "The overall portfolio is what we’re pleased to have bought. It’s really the whole package.”
One source close to the deal talks said Imperial insisted that blu be part of the wider package of brands it was buying. Imperial will also acquire Reynolds' Kool, Salem and Winston brands as well as Lorillard's Maverick.
U.S. e-cigarette sales are expected to outpace sales of tobacco cigarettes by 2020, according to Wells Fargo analyst Bonnie Herzog, who said Tuesday’s deal has the potential to catapult the global vapor category, “which could be increasingly M&A-driven.”
President : F. Shane Sumsion
Dynamic Transfer Services Corp