Thursday, May 26, 2016 6:00:22 PM
As i said in a previous post :
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122419567
3 Million Pounds/month = 1360000 Kg/month
We don't know the price for Spillsuck but in David Schmitt's opinion is very competitive.
Comparative link:
Enviro Drysorb - Environmental oil sorbent, for cleaning up spills
https://cyndan.com.au/en/green-range/131-enviro-drysorb-environmental-oil-sorbent-for-cleaning-up-spills.html
Price (GST Exc.) : AU$116.70 = 88 USD(15 Kg bag) = 5.86 USD/Kilo
Price (GST Exc.) : AU$103.65 =78 USD(15 Kg bag, >40bags) = 5.2 USD/Kilo
To be conservative i've considered a range of price from 2 USD/Kg to 4 USD/Kg
It means from 2.5 to 5 Millions/month in full production.
For this first stock are 50K$ to 100K$
If they are testing the market, the starting of the plant is not far.
The entire PR is HERE:
http://www.marketwired.com/press-release/hemp-incs-processing-facility-proudly-offers-its-first-product-for-sale-otc-pink-hemp-2120576.htm
Similar products:
https://www.ecospill.com.au/shop/spill-kits/ecosweep-bioactive-absorbent-10kg/
https://www.ecospill.com.au/shop/spill-kits/ecosweep-bioactive-absorbent-2kg/
https://www.fueltankshop.co.uk/oil-gator-absorbent-granules-14kg-bag/p2280
http://www.homedepot.com/p/Incredisorb-8-Gal-Heavy-Duty-Oil-Spill-Absorbent-Powder-IPB18X24/205183315
About kenaf price
Kenaf crude fiber = US $450 - 600 / Tonne
Port Klang (Malaysia) + shipping
http://www.alibaba.com/product-detail/Kenaf-crude-fiber_158143754.html
Kenaf Fiber TEMAFA = US $750 - 1,000 / Tonne
Port Klang (Malaysia) + shipping
http://www.alibaba.com/product-detail/Kenaf-Fiber-TEMAFA_158025509.html
Kenaf Bast Fiber = US $600 - 800 / Metric Ton
Port:Laem Chabang (Thailand) + shipping
http://www.alibaba.com/product-detail/Kenaf-Bast-Fiber_138422194.html?spm=a2700.7724838.0.0.zxo9gY
HIGH QUALITY KENAF FIBER = US $200 - 350 / Metric Ton
Port: LAEM CHABANG (Thailand)
http://www.alibaba.com/product-detail/HIGH-QUALITY-KENAF-FIBLE-FOR-SALE_50028890101.html?spm=a2700.7724838.0.0.zxo9gY
So, 5 Million pounds = 2250 Tons of CRUDE KENAF
Min price = 200 $/ton * 2250Tons = 450.000 USD + shipping from Asia
Max price = 600 $/ton * 2250Tons = 1.250.000 USD + shipping from Asia
Equivalent for cleaned fiber
1000 $/ton = 2.250.000 $ + shipping from Asia
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