I was reading a market study report that the market for bio sucinic acid was 53,000 tons in 2013 and that in 2020 it was estimated to be 593,000 metric tons.
As this is the building block BDO to make bio
plastic
that is growing at a cAGR rate of 38 percent.
Europe doesn't not allow petroleum based plasticizers which uses our bio sucinic acid is a another growing demand market
The use of biosuccinic acid in polyurethane is another market.
and
I was reading the companies report in 2016
Where there seem to be on track and they were able to get production from 37 percent off spec production to 7 percent off spec production
I really amazed that we are below $.01 per share
and that no one has expressed a serious interest to bid for the company ,its assets and patents and contractual offstage agreements
Can anyone offer any other consteu motive comments as this has been bashed into the ground by the bashers,market makers and the naked shorts