Ouch!
Maybe they did not make an announcement about this, as they had so many other things to tell the market. Sales contracts, capital raising, build permits approved, plant building......
No seriously. You are asking us to believe that a company would build such a plant without knowing how the processes in it would work. Really? So all the engineering design done, the assistance from Rhodia, the due dillengence the Sojitz would have conducted before signing over the cash, all this is bogus? Big call.
LYC aims to push the button later this year, guess we'll find out then if it works.
By the way, glad you conceeded the main point I made, that the competition companies don't have a separation pilot plant yet, or are not going to build one.
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