InvestorsHub Logo
Followers 743
Posts 61848
Boards Moderated 10
Alias Born 10/05/2009

Re: retired3 post# 4606

Tuesday, 07/05/2011 12:27:41 PM

Tuesday, July 05, 2011 12:27:41 PM

Post# of 5511
I had a shop right next door to Chemical Research in the early 1980s when they were just a tiny R&D blip. They came up with the process (catalyst) to make MTBE, which EPA mandated the use of in the late 80s (IIRC), and they were the only game in town, so the big boys licensed and used the stuff (which put Chemical Research on the map), until EPA discovered that it was worse than the prior oxygenated fuel additives, as it contaminated ground water a 1000 times faster, due to its high water solubility and the EPA outlawed in the late 90s (IIRC).

What I do not know, is how profitable the license was, or was not?

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.