Ann: Alexium Wins New Client and Expands into New Market, page-38

Themsa,  from your link:

"Through 2018, global demand for floor coverings is forecast to advance 4.5 percent annually to 19.4 billion square meters, valued at $325 billion"

1% of this = 194 Million Square meters.

From the Alexium presentation Feb 2015, FR sales revenue is  $1-2.50 per square meter.


Additionally, my interpretation from the March 2016 is that Carpets are not even part of their revenue projections - its not in the 5 primary product applications in the presentation.  This is blue sky in the $100's of millions category.

Nick is going whale hunting, here!



Anyone hunting whales should take note of Popeye's tattoos....