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Microcap & Penny Stocks : QDRX

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To: Jim Mills who wrote (2818)9/27/1997 3:58:00 PM
From: P. Ramamoorthy   of 3977
 
Potential opportunities for advanced composite materials if QDRX can go for the challenge.

Chrysler unveiled its plastic-bodied Composite Concept Vehicle (CCV) at the Frankfurt International Auto Show last week. The recyclable polyehtylene terephthalate contains 15% crushed glass fiber
and additives for UV protection and to aid molding. The car is made from four panels that are glued together on of a steel chassis. Whereas a conventional car has 4000 components, CCV consists of a
mere 1000 components and needs no paint. It takes only six-and-a-half hours to build (a Neon take 19 hours) in one-third the space of a conventional car. At 1200 lb - less than half the weight of a
comparable metal sedan - CCV is also environmentally sound, managing 50 mpg. And the low-cost plastic panels can include up to 20% recycled resin and can themselves be recycled. Chrysler says it may have the plastic vehicle available for sale by 2000. The company is positioning the car for developing countries, where it would sell for around $6000. Chrysler hopes to move the technology into mainstream auto construction. (Re.: Chem & Eng News Sep 15, 1997)

Ram
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