Friday, November 17, 2017 11:08:02 AM
Himatsingkta America is going to burn through the year-old joy juice (for 30 million pounds of cotton) and the fresh batch (27 million) to be reported within year end and 1st Quarter. rPET Techmar/Palmetto, Loftex and Indian firm GLHC(?) all active Account Receivable (AR) Line Items will now be additional factors. Two positive earning reports in a row. MY OPINION.
PROJECTED sustainability (Q-to-Q) noted by Sanjay for ANTICIPATED arrival in 2020 requires recycled PolyEthylene Teraphan8 accounts to increase and then some (my opinion). Other low hanging fruit for plucking include A Australian and Peruvian cotton (Sanjay, noting that Himsingkta America has exclusive rights to American cotton for marking).
Haven't found anything indicating Supima has retained our FiberTyping services. Nuthin from Sanjay on this. Supima FiberTyping provided minor income for assay tests on each bale. Nothing on our CUSTOMERS AND PARTNERS page holding a SUPIMA entry And the LINKe.
Here's an excerpt from a Supima PR from August 2017. We're OMITTED: [/quote] Supima cotton is farmed using state-of-the-art technology and processes. From GPS navigation used on tractors to plant and harvest the cotton, to satellite technology and soil monitors, Supima farmers ensure they are growing the best quality cotton in the world with as little impact on the environment as possible.
• At retail, Pima is a generic term for “better” cotton, but it does not necessarily mean it is made with an extra-long staple cotton. Supima® is the trademark used to promote American-grown, extra-long staple cotton. To bear the Supima® trademark, products must be sourced through a licensed supply chain.
• Supima cotton is grown only in the west and southwest states of California, Arizona, Texas and New Mexico.[/quote]Sanjay and I and the company note the promise of African fertilizer marking. I THINK it's the Dangote Petrochemical complex coming on-line SOON[/quote]Dangote Lets Contract for Nigerian Refining Complex
HOUSTON, Sept. 8
09/08/2017
By Robert Brelsford
OGJ Downstream Technology Editor
Dangote Oil Refining Co. Ltd. (DORC), a division of Nigerian conglomerate Dangote Industries Ltd. (DIL), has let a contract to a division of Schneider Electric Industries SAS, Rueil-Malmaison Cedex, France, to provide a range of advanced process automation systems, solutions, and services for its 650,000-b/d grassroots integrated refining complex now under construction in Lagos, in southwestern Nigeria’s Lekki Free Trade Zone[/quote] Nothin' really since September on Dangote's progress on the site. WARNING on searching through Nigerian press sites. Loaded with ransome ware (minor, but ransome ware. This LINK will give you a google search, be aware. I got a pretty good firewall, but they got me a couple of times.
A couple of blogs about difficulties the site is having, but Nigeria evidently controls the local web. News of delays quickly taken down. HMMM. IMHO we ain't going to see Dangote as a line item in 2018 second quarter earnings as we may have hoped.
BLC is another questional expansion opportunity.
All I got, you have a good weekend.
VR
Mike Sharkey
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