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Re: None

Tuesday, 05/16/2006 1:33:24 PM

Tuesday, May 16, 2006 1:33:24 PM

Post# of 37012
So we can expect another PR very shortly or am I wrong here.

MONTREAL, May 16, 2006 (MARKET WIRE via COMTEX) -- Alcar Chemicals Group Inc. (ACMG) announces today that it has received, signed and accepted a memorandum of understanding from A-M Polymer Industries Ltd. for equipment acquisition and licensing. The details are presently being discussed.

"A-M Polymer Industries is a longstanding customer who has been purchasing our polymer resins for over 6 years," said Alexander Cavasin, CEO of Alcar Chemicals Group. "Mr Terki, CEO of A-M Polymers, has announced the intention of acquiring formulation equipment and licensing our technology with exclusivity for the Middle-East. We are now discussing licensing terms and I am expecting results very shortly. This could easily become a USD $10M yearly contract," further added Mr. Cavasin



For get my English I'm Hollands

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