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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?


To: Greg from Edmonton who wrote (1524)9/2/1998 6:32:00 PM
From: David in Ontario  Read Replies (4) | Respond to of 2444
 
ICI will be placing an order next week - Napier News to follow

I spoke to Greg this afternoon - Napier's new IR guy - got straight through to him on his cell phone. Jason will be back on 14 September after his honeymoon.

ICI will be putting in an order early next week to begin stocking their 875+ Canadian stores - as per News. Greg gave an anticipated figure of $500k - $1 million. In any case it's just their first order.

From August 11 News:

"ICI will begin placing orders immediately to stock its Canadian warehouse locations making available products for over 875 independent stockists, Canadian stores and Canadian Consumer outlets. The companies have also agreed to play specific roles in an aggressive education program to enlighten the several thousand marketing and sales representatives within the ICI network."

Greg also said that Napier will be making a statement with regard to the order - as it's material - and that is likely to come mid- to late next week. However, there will be no comment on the post-News share price drop - which is a market driven event.

This will be next (also from April 11 News)

"Formal discussions are underway with ICI for a global marketing arrangement which would provide access for Napier products to over 15,000 stockists worldwide which are currently supplied by ICI Coatings Division."

To follow up from Greg's (in Edmonton) numbers for SV-35:

Specific Gravity is 1.06
Density is 8.85 lbs/gal

The 'SV stuff' is heavier that I had allowed for in my calculations yesterday. A 44 gallon barrel weighs ~390 pounds and there are ~5.7 barrels per tonne (metric ton - 2204 pounds). From Gino's post yesterday (he also sent HSIA an e-mail):

hsia.org

the 1996 US methylene chloride (MC) market was 129,000 tonnes. If Napier and its' licensed partners can grab just 25% in the first twelve months - but maybe higher because of the new regulations that will eventually lead to MC's total demise from the market - then this represents for the US market alone - at least 73,530 barrels!!

[(25%) market share)] x [(129,000) tonnes MC total annual sales)] x [(0.4) SV-35 efficacy factor - what takes 5 barrels of MC only takes 2 of SV-35)] x [(5.7) barrels of SV-35 per tonne] = 73,530 barrels

If SV-35 sells for $800+ per barrel that represents gross sales of at least ~$58.8 million (73,530 barrels x $800 per barrel)!!

In any case the first order from ICI will arrive next week - anticipated to be in the $500k - $1 million range. This is all that's lacking now from the Napier story - sales numbers from a huge client and they'll be here next week.

Greg also told me that sales are developing rapidly and that this is going to be an 'impressive quarter'.

Later,

David.

Ps. Greg says "Hi" to everyone.



To: Greg from Edmonton who wrote (1524)9/3/1998 8:29:00 PM
From: Ginco  Read Replies (2) | Respond to of 2444
 
Greg here are some more #'s to crunch-have fun
--Table VIII-1. -- Methylene Chloride Application Groups--
osha-slc.gov

Chapter II of the economic analysis describes the uses of methylene
chloride and the industries in which such use occurs. Employee
exposures to MC are analyzed on the basis of "application groups,"
i.e., groups of firms that use MC to perform a particular function,
such as metal cleaning or industrial paint stripping, regardless of
the particular industry in which the use takes place. The methodology
used by OSHA in the analysis is appropriate when a ubiquitous chemical
like MC is used to perform the same function in many kinds of firms in
many industries, because the processes used, employee exposures
generated, and controls in place or needed to achieve compliance are
the same, whether the process takes place in a machine shop, on board
ship, or on a construction site. For example, because the process of
using MC to strip paint or coatings from an object is essentially the
same whether the object being stripped is a spray paint booth, boat,
church pew, or automobile, and the exposures generated during the
process are similar in important respects, it is appropriate to
analyze such activities as a group. However, OSHA's technological
feasibility and cost analyses reflect the fact that job
classifications and work processes may differ within a given
application group. Table VIII-1 shows the application groups analyzed
in the economic analysis, and the numbers of MC-using establishments,
MC-exposed workers, and estimated volume of MC handled annually by
establishments in each application group.

Table VIII-1. -- Methylene Chloride Application Groups
______________________________________________________________________
|Estimated | |Estimated |Estimated
|number of |Estimated |number of |MC handled
Application group |MC-using |total |exposed |(millions
|establish-|employ- |workers(*)|of lbs)
| ments | ment(*) | |
________________________|__________|___________|__________|___________
Methylene Chloride | | | |
Manufacturing..........| 4 | 1,664 | 84 | 469.20
Distribution/Formulation| | | |
of Solvents............| 320 | 84,004 | 1,701 | 189.65
Metal Cleaning: | | | |
Cold Degreasing and | | | |
Other Cold Cleaning: | 23,717 | 901,232 | 94,537 | 32.56
Open-Top Vapor | | | |
Degreasing.........| 278 | 27,105 | 608 | 14.87
Conveyorized | | | |
Vapor Degreasing...| 45 | 2,920 | 75 | 1.13
Semiconductors.....| 239 | 217,960 | 1,392 | 0.40
Printed Circuit | | | |
Boards.............| 141 | 77,795 | 298 | 13.98
Aerosol Packaging.......| 52 | 4,142 | 520 | 25.21
Paint Remover | | | |
Manufacturing..........| 80 | 6,134 | 200 | 136.85
Paint Manufacturing.....| 49 | 8,909 | 229 | 3.54
Paint Stripping: | | | |
Aircraft Stripping....| 300 | 266,826 | 2,470 | 13.17
Furniture Stripping...| 6,152 | 23,592 | 7,872 | 23.26
Other Industrial | | | |
Paint Stripping......| 35,041 | 2,312,721 | 46,605 | 59.36
Flexible Polyurethane | | | |
Foam Manufacturing......| 100 | 9,800 | 600 | 50.32
Plastics and Adhesives | | | |
Manufacturing and Use...| 3,487 | 1,186,040 | 10,481 | 41.90
Adhesive Production...| 165 | 56,254 | 497 | ...........
Adhesive Use..........| 1,753 | 596,291 | 5,269 | ...........
Injection Molding.....| 80 | 27,211 | 240 | ...........
Lamination............| 1,323 | 450,031 | 4,070 | ...........
Mold Release..........| 165 | 56,254 | 497 | ...........
Ink Use: | | | |
Ink and Ink Solvent | | | |
Manufacturing.........| 15 | 2,010 | 58 | 3.68
Ink Solvent Use in | | | |
Printing...............| 11,869 | 197,619 | 39,481 | 3.68
Pesticide Manufacturing | | | |
and Formulation........| 60 | 1,440 | 120 | 9.58
Pharmaceutical | | | |
Manufacturing..........| 108 | 70,223 | 1,431 | 39.53
Solvent Recovery........| 34 | 932 | 137 | 32.10
Film Base | | | |
Manufacturing..........| 1 | 45,000 | 500 | 8.90
Polycarbonate | | | |
Manufacturing..........| 4 | 1,898 | 67 | 6.70
Construction............| 9,504 | 63,115 | 24,896 | 2.44
Shipyards...............| 25 | 85,212 | 3,040 | 0.47
Total, all | | | |
application groups.....| 91,624 | 5,598,293 | 237,496 | (**)
________________________|__________|___________|__________|___________
Footnote(*) In most cases, the estimated number of establishments in
each application group was based on the volume flow of MC in 1990
divided by the estimated MC use per facility. The estimated number of
establishments was multiplied by the total number of employees per
establishment and exposed employees per establishment as reported in
CONSAD's survey.
Footnote(**) Netting out rehandling, estimated total consumption
equals 469.2 million pounds manufactured, minus 129.1 million pounds
exported, + 19.3 million pounds imported, + 32.10 million pounds
recovered from used solvent. The column does not sum to 391.5 million
pounds because non-consumptive uses such as production, distribution
and formulation, and solvent recovery are included.
Sources: CONSAD, HSIA, PRMA, Office of Regulatory Analysis.