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6.2¢ ecofibre limited

Further, like any oil, hemp oil (the salad dressing stuff from...

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HempCFO

1,578 Posts.

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29/08/20

18:38

Post #: 46922290
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Originally posted by HempCFO: ↑

”Hemp Plastic” is not what you think it is, nor is it biodegradable. It contains regular polymers which are derived from petroleum. Hemp fibers are mixed with standard polymers thus reducing the volume taken up by the petroleum based polymers while possibly adding tensile strength to the final product and definitely increasing the difficulty of injection moulding and increasing the price.

So for the most part, hemp plastics are a gimmick. Many charlatans in the biz because it sounds sexy but is really just petrol mixed with hemp.

When you see a charlatan Disallowed hawking BS artist involved, run!

EXL failed at growing hemp. How will PB make hemp plastics? He will buy it from us.

Ecofibre will be supplying all the hemp to everyone in the future when all the little wanna be’s and Mom and Pop farms get wiped out. Why make Legos when we are the Exxon of Hemp?

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Further, like any oil, hemp oil (the salad dressing stuff from the seeds) can be “polymerized” quite easily in a lab. A chemist at Southern cross university once did this for us so we’d have a sample of it to show off.

But consider the price of hemp oil...and the dearth of a serious business case quickly evapaporates.

Last edited by HempCFO: 29/08/20

EOF Price at posting: $2.53 Sentiment: Buy Disclosure: Held
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