According to the intro within this report -http://www.futuremarketinsights.com/reports/details/bromine-market#whatech.com/75615 "Flame retardants is the biggest application among all other bromine applications and expected to show tremendous growth during the forecast period." The forecast period current through to 2025.
REALLY? I think not!! Well there is an extremely high chance that it is about to be fazed out with new legalisation banning the toxic chemical.... If you put two and two together once this occurs some of this market share will land on Alexium's front door step and impact growth in our company in a BIG way. Hell its already starting to happen, big chemical companies know this that's why they are jacking up the cost of Bromine left, right and centre squeezing every little bit more they can before its too late!....
Look out below- from the following link:
http://www.businesswire.com/news/ho...ease-Flame-Retardant-Unsaturated#.Vac8LLQVjIV
Reichhold Announces Price Increase on Flame Retardant Unsaturated Polyester Resins and Vinyl Ester Resins Sold in the United States and Canada
Effective August 15, 2015
July 15, 2015 08:30 AM Eastern Daylight Time
DURHAM, N.C.--(BUSINESS WIRE)--Reichhold LLC 2 announced a price increase today of $0.05-$0.10 USD per pound on all bromine containing flame retardant resins. The selling price increase applies to all products sold in the United States and Canada. The increase is effective for all orders shipped on or after August 15th 2015.
Bill Schramm, Vice-President Commercial North American Composites stated “Recent increases to the cost of bromine and bromine containing raw materials leaves us no choice other than to raise our selling prices. We continue to aggressively work with our suppliers to mitigate these increases and appreciate the understanding of our customers as we continue do everything possible to limit the impact of rising costs and limited raw material availability upon product pricing and supply.”
For more information on Reichhold’s technologies for the composites industry, visit www.reichhold.com or email [email protected].
Contact
Reichhold Corporate Communications
Why pay more for crap when you can buy quality for less now?
Alexium is the answer!
Cheers
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