From memory Alexium said that approx. 85% of military uniforms...

From memory Alexium said that approx. 85% of military uniforms are treated by Pine Belt with insect repellent. Whether it is the Standard Army Combat Uniform or the new and improved Hot Weather Combat Uniform it will still go through Pine Belt for final treatment of insect repellent coating. If all goes well over the next 6 months our FR will be added to the final treatment sometime in 2020. This is a big deal to Alexium. Close to A$100 million per year. From the reports back from the recent roadshows. Alexium are the only exclusive provider to Pine Belt.

Read Inductor post below

https://hotcopper.com.au/threads/perth-presentation.4749580/page-2?post_id=38435017

From the Patersons report dated 19.12.18
Largest upside available from FR for military uniforms: AJX has two large opportunities in the military uniform segment. A lower revenue (cUS$15m plus pa) but higher margin opportunity for replacing the incumbent FR provider for active combat units (FRACU) and a higher volume and revenue (cUS$70m plus pa) but lower margin opportunity to provide a level of FR protection to all uniforms in the military with a supply chain partner. If these opportunities were to be executed upon, we believe it would have significant positive impact to AJX’s earnings.



From the last quarterly report

Development Agreement Secured with Pine Belt Processing
On 26 March, Alexium announced the signing of a mutually exclusive Development Agreement with Pine Belt Processing (Pine Belt), a subsidiary of Warmkraft, Inc., covering the development and potential supply of Alexium’s flame-retardant chemistry for the treatment of nylon/cotton military uniforms. The agreement follows months of product refinement and testing to provide a no melt, no drip flame retardant function for standard issue US military nylon/cotton uniforms.
Pine Belt has significant expertise in the treatment of US military textiles having successfully treated over 25 million US military uniforms with their proprietary insect repellent coatings. Under the terms of the Development Agreement, Alexium will work with Pine Belt to comply with their production requirements and to facilitate the provision of treated uniforms by Pine Belt to the US military for limited user evaluation (LUE or "wear trials").
This initiative is in addition to Alexium’s efforts to develop flame retardant fabrics as used for the Flame-Resistant Army Combat Uniform ("FRACU") program which involves the redesign of a specialist uniform. Alexium remains involved and active with this effort, but is currently focusing its resources in advancing the Pine Belt initiative.



http://www.perimeterinsectguard.com/about-us/
A BRIEF HISTORY
Warmkraft, Inc. opened Pine Belt Processing to handle and distribute Perimeter Insect Guard, garments and uniforms cross-linked with Permethrin insect repellant and insecticide, particularly to the U. S. Military. Since 2006, Perimeter Insect Guard has been effectively used on over 25 million military uniforms and continues to provide protection to those serving here and abroad. It has provided a reduction in insect-borne illnesses through its unique bonding process that is now available to the general public.
Perimeter Insect Guard operates under the sole purpose of supplying a safe and effective insect guard that is constantly reliable.