for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

Part of my work from 2 weekends ago, a bit that I don't think I posted on here, but very interesting ....

=====================================================

Not many companies sell to the Chinese State Tobacco Monopoly, as well as the rest of the world, and they have big manufacturing facilities.

"Celanese is the world's largest manufacturer of cellulose acetate filament and tow. Both products are derived from cellulose and acetic acid; the filament is made into fabrics, the tow is processed into cigarette filters and other products. Celanese's acetate business has a strong foundation in the size and efficiency of its production plants as well as in its leading technology. A significant factor for its success is its global market presence that supports partnerships with leading customers worldwide. With acetate manufacturing in the NAFTA region, Europe, and China, Celanese can meet the needs of large regional and international customers. China, where the company has joint ventures to manufacture cigarette filter tow, represents 27 % of the global market for this product. Based on its presence and experience in operating in the Pacific Rim, Celanese Acetate has now become the biggest supplier of acetate tow in that region. This position depends on imports from our North American production sites, as well as its joint ventures in Kumming, Nantong and Zhuhai. The customers for filter products in China are the companies which comprise the State Tobacco Monopoly (STMA), the world's biggest cigarette manufacturer.""

http://www.celanese.com/

===============================================

Below is another interesting bit about Celanese's rising polymer prices from their news section.


Ticona increases prices for polymers
Further rise in raw materials, energy and freight costs

Kelsterbach, September 21, 2005 Effective from October 17, 2005, Ticona, the technical polymers business of Celanese Corporation, is increasing the prices of polyacetal, polyester products (PET, PBT, blends, and elastomers), and long-glass-fiber-reinforced thermoplastics. The company is reacting to the sharp rise of raw materials prices on the world market within the past few weeks, as well as the further shortage of preliminary products. Amongst other factors, the continuously high costs for fuel have also led to an increase in freight rates.

Over the past few years, the price of some intermediates and raw materials has more than doubled, and just in recent months there has been yet another considerable increase. As a consequence of the increasing prices of raw materials the costs for transport are also increasing globally. "Energy costs continuously climb, too", explains Michael Oberste-Wilms, Head of Sales Europe at Ticona.

"Within the past few months we have been discussing with many clients and suppliers the sustainability of higher raw materials and energy costs, which have increased steadily since end of 2004. Today, we have to accept that we are far away from normalisation. Despite great efforts, we are no longer able to compensate for the increasing pressure on costs by an increase in productivity alone."

With effect from October 17, 2005 the prices are being raised as follows:

Hostaform (POM) 150 /t

Celanex (PBT) 200 /t

Impet (PET) 200 /t

Vandar (thermoplastic polyester blends) 200 /t

Riteflex (TPE-E) 200 /t

Celstran (LFT) 150 /t

Compel (LFT) 150 /t

The easy way to sell a product, or in this case the IP, is to show it is cheaper, and better than that currently used, ie it is a no-brainer for the buyer ....


680,000 tons of filter tow are used in cigarettes each year

Starch based filter tow is substantially cheaper (30-50% at current bulk prices) than that based on cellulose acetate.

We believe filters made from starch based materials will be better for smokers and better for the environment.

While smokers are aware of the risks of inhaling tobacco smoke, there are very few who understand the risks of using the current filters.

Also, filters all too often end up being dropped on the ground or at the roadside, and even when properly disposed of take many years to decompose. Our starch based filters will fully compost in as little as 60 days, with no negative effects on either soil or water supply.

Cellulose Acetate filter tow has a wholesale price of US $4,000 per ton, substantially higher than starch based filter tow
currently in discussions with cigarette manufacturers in Europe, America and Asia about the replacement of cellulose acetate based filters

$4,000 x 680,000 tons = $2,720,000,000 per annum market, and using starch based filter tow, saves the industry $816,000,000 to $1,360,000,000 - no doubt a VERY important statistic as far as cigarette manufacturers are concerned, they want to lower the cost, so that more people can afford their cigarettes !!!!

Now the mind really boggles at the potential value of the IP !


EVO said today in their Daily Notes ....

Stanelco (SEO.L) Update Buy 16p/30p

In a bizarre twist, Stanelco has put up for auction the rights to its starch-based

cellulose cigarette filter. This was part of the IP acquired when it bought Biotec,

its 50:50 joint venture. The value could be substantial


Up for auction to the HIGHEST BIDDER, IP that can save the winner 30% to 50% of it's costs, and hammer the competitors prices and products = HOT PROPERTY :)

Cheers,
PM

Have I already found the highest bidder ????

Celanese Corporation (NYSE:CE) is an integrated global producer of value-added industrial chemicals based in Dallas, Texas. The Company has four major businesses: Chemicals Products, Technical Polymers Ticona, Acetate Products and Performance Products. Celanese has production plants in 13 countries in North America, Europe and Asia. In 2004, Celanese Corporation and its predecessor had combined net sales of $5.1 billion. The presentation of combined net sales of Celanese Corporation with its predecessor is not in accordance with U.S. GAAP. For more information on Celanese Corporation including a reconciliation of the combined net sales, please visit the company's web site at http://www.celanese.com/

Driver

Most of us would like to read Captain Guide's light-hearted, amusing and thought-provoking posts here.

You're usually well-balanced yourself. What's got into you today?

You didn't sell last week did you?

pm1

Thanks for all your stuff recently. Your enthusiasm helps me keep my head when others are losing theirs.

EW Robson- are you still in this share?

Celenese ....

Portfolio Dominated by Filter Tow. 2001 Sales. 100% = 762 Million and 82% of that is Filter tow, equals 624.84m

http://www.celanesechemicals.us/ir_ac_linzbach_sept_2002.pdf

Starch based filter tow could save Celenese 187.45m to 312.42m per annum .... what does that make the IP worth to Celenese ????

1m ?
10m ?
50m ?
100m ?
More ?

Celenese need this badly, check out their current performance, turnover of $5,605m but A LOSS OF $99m !!!!

http://www.advfn.com/p.php?pid=qkquote&epic=nyse%3Ace&x=22&y=17

That losing performance would be turned around in year one, even if Celenese paid 80m for the Biotec IP !!!!

Cheers,
PM

Halfamil Hi,

No worries :)

Cheers,
PM

Hi All,

I just found a newer brochure on Celenese, last year they had Acetate product sales of $695m .... and a LOSS on that of $2m !!!!

If they have the same level of sales of Starch based product, based on a cost saving of 30% to 50%, they would have made a huge profit on that part of their operations !!!!

http://www.celanesechemicals.us/celanese_image_brochure_e_final.pdf

Masterson

Get back in your pram, the cigarette filters are only at the concept stage, IF they were worth anything of note don't you think the previous owners would have sold it off or manufactured it themselves?

Your polarised views are really startling, buy too much at 30p perhaps?

Dangerous ramping should be outlawed on these threads, in one afternoon he's gone from selling this IP at 1 million pounds to 100 million pounds plus he's gonna save a loss making company into the deal!

All you people new to this game should take great care when reading this chaps posts, he changes usernames frequently when things go belly up then moves on to his next ramp. Ask him what happened over at BES where he was predicting 50 per share?

Good evening Team.

When speaking to the SEO staff at the Birmingham Packaging Show last week, the staff did specifically mention to me the number of useful patents that they had uncovered after the purchase of Biotec. I did not think too much of it at the time, but looking back they were quite enthusiastic about the potential of some of them.

Having enough time to develop the potential was raised as an issue by the SEO staff I met. Todays announcement comes as no surprise. I am pleased they will have more time to focus on their major profit lines.

Regarding the statement that developments are "in line with expectations", I feel we need to perhaps reign in our enthusiasm for quick wins. "Expectations" might mean that development news could be long and drawn out !

My "expectation" is for a very bumpy ride with the MMs (and day traders) looking to make money in periods between announcements. Need for a reality check. That is how they make their money. No price movements - upwards or downwards and they don't eat. Expect mark-downs without news. I am personally staying in for the ride. We are sustained at our current market cap, mostly on our POTENTIAL. Many potential investors are avoiding SEO as they are scared it will go down. I am staying in because I am scared it will go up if I'm out!

Not worried

btw Proving a technology such as a new design cigarette filter would take millions and millions of pounds in study and research, to get something passed through onto the market in such a difficult dangerous market such as the tobacco one is extremely difficult to say the least.

Long term studies would be required into the effiency of the filter versus whats on the market at present, long term medical studies using a huge sample group would need to be carried out to see if any health downsides came to the fore versus the normal filters.

Of course Masterson will fail to tell anyone this as he thinks you turn up at a companies door, give it a knock then walk away with the cheque; the reason they're selling it on will be the vast cost of even considering doing it on their own, whats it worth to someone else? Very little till proven.

Bit like a concept drug at phase1 stage, it may claim to be a possible aids cure but it's going to take hundreds of millions and many many years to get it close to market.

Agree with the several posts (and Tom Bulford) that SEO should concentrate on getting one really good product to market, i.e. Greenseal - but Starpol is such an intrinsic part of the packaging revolution that I think they can be forgiven for developing this in tandem with GS.

Frogpack will always be a lot smaller, I understand, however they can't exactly put it on hold can they.

sd

A fair point i picked up from another board is, possible litigation against tabacco
firms if was to be proved there was a safer option which had not been
taken up?
cyril

Good news for SEO investors. Concentrate on packaging concepts, it would take millions to get this market and it is not in a consumer friendly market, However you dress it up, smoking kills people directly and in-directly and a starch based filter would be no excuse for dumping more litter.
Could raise a few bob for SEO and SP Metals.

Maybe we should have a poll/competition to try and guess the price that Biotec will get for the Cigarette Filter IP ....

I will kick off with a whopping 75m, just to give you all a chance .... LOL !!!!

Cheers,
PM

I would be interested soon to find out what the current "in-line with expectations" comment actually means. As I said last week the only potential cloud on the horizon for the short-term sp IMO is actual progress versus markets expectation and how that will translate to markets belief of any Starpol deals. Before I re-invest the profits I havn't spent on my family I would still like clarification re:Greenseal progress, a number of machines? 5,10, 50, that is the question and are 200 still anticipated within the first year because whatever way you want to look at it and like it or not SEO sp is currently following 2006 projected EPS with an approx. PE 30-35 even with Starpol/Walmart speculation. Take a look yourselves at forecast revisions & sp trend. I've no doubt Greenseal is and will make progress, its just the speed of it to deliver the profits that the market is now expecting.
Still have chance to re-invest before 20p, has 15p proved to be the support?
What does anyone make of 16-22p opening spreads, whats that all about?

Andy Hi,

"in-line with expectations" .... 200 conversions in the first 12 months ?

200 / 12 = approx. 16 per month ....

If they say they are in-line then that is the rate of take up .... verified by HQ ....

I'm happy with that.

Cheers,
PM

Everything seems to be progressing well for SEO at the moment!

Feeling very confident.

I might even buy some more tomorrow:-)

Another rns another non revenue enhancing day, some things never change; 4p target still stands.