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Alcar Chemicals Group Signs Letter of Intent With A-M Polymer Industries Ltd Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces that it has signed a letter of Intent with A-M Polymer Industries Ltd after agreeing on the general terms for a licensing contract.
A-M Polymer Industries Ltd had expressed its interest in a licensing deal with a memorandum of understanding issued in May; the two companies have now reached an understanding on the terms and conditions, signing a letter of Intent. "A-M Polymers has been a customer for years and the established relationship facilitates our negotiations. I won't say too much at this stage but I can assure you that a final agreement is imminent," said Alexander Cavasin, CEO of Alcar Chemicals Group.
About Alcar Chemicals Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and biodiesel, allowing production at cost savings of up to 40% when compared to current production methods.
Important Information About Forward-Looking Statements
All statements and information in this news release, other than historical facts, are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct and actual results may vary.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
posted
according to older news this could be a possible 10 million a year contract. looking good
Posts: 74 | From: dallas | Registered: Feb 2006
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Alcar Chemicals Group: Public Update From the CEO via COMTEX
June 15, 2006
MONTREAL, Jun 15, 2006 (MARKET WIRE via COMTEX News Network) --
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG); public update from the CEO concerning the company's activities.
With its new, innovative and economical technology, ACMG is planning to integrate itself horizontally into a biomass conversion enterprise. "We departed from manufacturing polymer formulations to concentrate entirely on biomass conversion. Our technology is so amazing and flexible that it will allow us to produce the typical plastic and polymer raw materials as well as ethanol and ethyl ester, or ethanol based biodiesel, entirely from non-food crop and agricultural/agro-alimentary waste," said Alexander P. Cavasin. ACMG is now concentrating on developing potential customers not only in the polymer manufacturing and plastics industries, but expanding its efforts into the transport and power generation sectors as well.
When asked about an update, Alexander Cavasin, CEO of Alcar Chemicals Group, told us the following: "We have now three existing buildings to choose from within the first selected location, all adequate to our technology. I will be releasing the details as negotiations are completed, which is expected to occur by beginning of August as our schedule foresees the installation work to begin by September. We are in the process of evaluating different firms for the subcontracting of the installations and our decision will be taken within the next two weeks. On the marketing end of our activities, the negotiations for the Middle East contract are ongoing and are well advanced. We expect a closing within the week. In addition, we are now working on two very promising potential customers. Should we be able to reach an agreement in all three cases, the combined volume would exceed our planned production capacity for the first facility. On the logistics side, work consists of securing the required agricultural waste -- within the proximity of the facility -- and organizing all aspects implicated in valorizing the precious waste. Minimizing transports and related costs is an essential part of our philosophy and eventually I would like to see only transports fuelled through biodiesel and ethanol for both supply and distribution chains, as to be able to claim a truly petroleum independent process."
When asked about the lack of news Dr. Cavasin told us: "Despite a lack of consistent news, our operations are presently on schedule. I don't believe in fluff releases and we will be issuing PRs as concrete developments are achieved. Updates will be posted on our temporary website as much as possible. Rest assured that everyone in this organization is working very hard towards the same common goal."
About Alcar Chemicals Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
Important Information About Forward-Looking Statements
All statements and information in this news release, other than historical facts, are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct and actual results may vary.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contact Info: Homer Pateridis Investor Relations Consultant Tel 514-952-5251 homer*alcarchemicalsgroup.com www.AlcarChemicalsGroup.com
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Alcar Chemicals Group Inc. Now Featured on MacReport.Net via COMTEX
June 16, 2006
MONTREAL, Jun 16, 2006 (MARKET WIRE via COMTEX News Network) --
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announced today that ACMG and its CEO, Dr. Alexander P. Cavasin, are now featured on the MacReport.Net, a leading provider of online business and financial information. "The MacReport.Net is a powerful tool that will allow ACMG to increase its presence with investors and the Wall Street community," stated Alexander Cavasin.
The MacReport.Net is a financial services network that takes a 3 dimensional approach to disseminate information and increase exposure to the Wall Street community as well as potential investors. The MacReport.Net distributes releases through traditional channels, makes contacts and provides these releases to thousands of qualified investors and provides its members with their own unique interactive audio page within the MacReport.Net's heavily trafficked website. Dr. Cavasin noted, "As ACMG continues to move forward, the ability to get information out to our investors and to new potential investors is paramount. This opportunity allows investors not only to read about ACMG, but truly connect with us by seeing and hearing who we are and what ACMG's vision of the future is. This technology has taken ACMG's ability to distribute information to an exciting new level and stay ahead of the curve in the highly competitive investment market." To listen to Alexander's presentation go to the following link: http://www.publiccoreport.net/featured/ACMG/company.asp
Existing shareholders or potential investors can track news and updates on ACMG by registering online at www.macreport.net. Registered users can also submit requests for additional information or ask questions regarding (member symbol) or any member company through the MacReport.Net site.
About Alcar Chemicals Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass valorization for the past decade, specifically petroleum-independent fuel and plastics resin production. It's proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be forward-looking within the meaning of the safe harbor provisions of the U.S. federal securities laws. These include, among others things, statements about expectations of future business, revenues, cash flows and capital requirements. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to further develop its business, the company's ability to generate revenues, develop appropriate strategic alliances and successful development and implementation of technology, acceptance of the company's services, competitive factors, new products and technological changes, and other such risks as the company may identify and discuss from time to time, including those risks disclosed in the company's amended registration statement on Form SB-2 filed with the Securities and Exchange Commission. Accordingly, there is no certainty that the company's plans will be achieved.
Alexander P. Cavasin CEO alex*alcarchemicalsgroup.com (514) 402-3665
"On the marketing end of our activities, the negotiations for the Middle East contract are ongoing and are well advanced. We expect a closing within the week."
Looks like 1st one is in the bag and if they get 2 more then they will need to start looking for a 2nd facility. Right sector, right time but may take awhile to play out.
Posts: 188 | From: illinois | Registered: Jan 2004
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posted
going to the wrong way now... yesterday was the same scenario - $45K order came and PPS drops 15% after... I cannot find any info about shortings - ACMG out of SHO list for month or so...
Posts: 420 | From: Canada | Registered: Feb 2006
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Alcar Chemicals Group Signs $68M Licensing Agreement Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces that it has signed a contract with A-M Polymer Industries Ltd. worth $68M.
The agreement, valid for an initial 5-year term and automatically renewable if the general conditions are met, grants A-M Polymer Industries s.r.l., exclusivity for the entire Middle East. In return, A-M Polymers will acquire all equipment and raw materials, forecasted at 8,000 tons per year for their first manufacturing plant, exclusively from Alcar Chemicals Group Inc. The agreement guarantees raw material costs at 10% below posted market prices to A-M Polymers and a $0.25/Kg (11.36 cents U.S. per pound) Royalty fee, payable quarterly, to ACMG, for formulations and on the resale of raw materials.
A-M Polymers has acquired the entire formulation equipment park from ACMG, which will be delivered and installed over the next months. "We agreed on mutually beneficial terms," said Alexander Cavasin, CEO of Alcar Chemicals Group. "While to us this contract is worth $60M in sales and an additional $8M to $10M in Royalties, A-M Polymers will be able to significantly increase gross margins, increasing its net profits by over 1 million dollars yearly just from the raw material cost savings we are able to offer. This contract secures the sales for the entire output of our first reactor, representing a significant milestone for ACMG and its expansion plans," further added Alexander Cavasin.
With the recent issue of 1.5M shares, the total OS is 100M even, of which 72M are restricted shares. With such a promising technology, which represents a truly sustainable and highly economical process, contracts like the one just signed with A-M Polymers and especially with the stock so undervalued, ACMG represents a tremendous potential to long-term investors.
About Alcar Chemicals Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
Important Information About Forward-Looking Statements
All statements and information in this news release, other than historical facts, are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct and actual results may vary.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
posted
Alcar Chemicals Group Signs $68M Licensing Agreement Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces that it has signed a contract with A-M Polymer Industries Ltd. worth $68M.
The agreement, valid for an initial 5-year term and automatically renewable if the general conditions are met, grants A-M Polymer Industries s.r.l., exclusivity for the entire Middle East. In return, A-M Polymers will acquire all equipment and raw materials, forecasted at 8,000 tons per year for their first manufacturing plant, exclusively from Alcar Chemicals Group Inc. The agreement guarantees raw material costs at 10% below posted market prices to A-M Polymers and a $0.25/Kg (11.36 cents U.S. per pound) Royalty fee, payable quarterly, to ACMG, for formulations and on the resale of raw materials.
A-M Polymers has acquired the entire formulation equipment park from ACMG, which will be delivered and installed over the next months. "We agreed on mutually beneficial terms," said Alexander Cavasin, CEO of Alcar Chemicals Group. "While to us this contract is worth $60M in sales and an additional $8M to $10M in Royalties, A-M Polymers will be able to significantly increase gross margins, increasing its net profits by over 1 million dollars yearly just from the raw material cost savings we are able to offer. This contract secures the sales for the entire output of our first reactor, representing a significant milestone for ACMG and its expansion plans," further added Alexander Cavasin.
With the recent issue of 1.5M shares, the total OS is 100M even, of which 72M are restricted shares. With such a promising technology, which represents a truly sustainable and highly economical process, contracts like the one just signed with A-M Polymers and especially with the stock so undervalued, ACMG represents a tremendous potential to long-term investors.
About Alcar Chemicals Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
Important Information About Forward-Looking Statements
All statements and information in this news release, other than historical facts, are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct and actual results may vary.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
posted
yeah .. little more buying pressure and she should be good. 68M license agreement, and two more to follow along with hot renewable energy sector should be good..
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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