Q: What does 5i thinks about this news with giant Dow Chemical and little EcoSynthetix?
MIDLAND, Mich., / USA – June 6, 2022 – Dow (NYSE: Dow) today announced an exclusive engagement with EcoSynthetix Inc. (TSX: ECO) to bring innovative bio-based, biodegradable and low-carbon solutions to the personal care industry. The engagement initially targets the hairstyling market, providing unmatched benefits for consumers. The engagement will enable both companies to leverage their key expertise by meeting the growing consumer demand for bio-based and biodegradable technologies that provide unique and high-performance benefits.
MIDLAND, Mich., / USA – June 6, 2022 – Dow (NYSE: Dow) today announced an exclusive engagement with EcoSynthetix Inc. (TSX: ECO) to bring innovative bio-based, biodegradable and low-carbon solutions to the personal care industry. The engagement initially targets the hairstyling market, providing unmatched benefits for consumers. The engagement will enable both companies to leverage their key expertise by meeting the growing consumer demand for bio-based and biodegradable technologies that provide unique and high-performance benefits.
Q: For a very un-promotional Company, EcoSynthetix stock continues to climb now trading at 10-year highs with increasing daily volumes. With revenues rising, it seems the potential for their green adhesive products is real given they have commercial accounts with major companies. Your thoughts?
Q: I have always got the impression you have nothing against ECO besides always being a bit pricey.
ECO has really run up the past two weeks, with no news (that I have seen anyways), any idea why? If you thought it was pricier prior to this run-up I guess your concerns would be even more so now?
ECO has really run up the past two weeks, with no news (that I have seen anyways), any idea why? If you thought it was pricier prior to this run-up I guess your concerns would be even more so now?