Lead Innovation Corporation (LEIC)

[seamonkeydc]

reading latest news now:The first shipment of Type 66 Nylon commercial waste has left our facility in Greenwood, South Carolina destined for the Asian markets.
The Ten (10), forty foot containers full of the thermoplastic polymer have been shipped to our largest Asian clients. NGOG NGA CO.LTD, Quang Ninh, Vietnam, and JUMBO SPIRIT ASIA LIMITED, Hong Kong will be receiving the approximately 140 M/T of merchandise within 45 days.
The polymers will be tested, cleaned and processed to determine the quality, purity and ultimately the purchase price.
The early estimates show between 20,000 to 30,000 metric tons of the Thermoplastic Polymers available for recovery, the current market value of clean, pelletized nylon at approximately $1500 per metric ton, the total value of recoverable Nylon at the South Carolina site is estimated at $30,000,000 to $45,000,000.
GREENWOOD, SOUTH CAROLINA--(Marketwire -12/09/11)-