Black Rose Industries Ltd (BRIL) - First Mover in Niche space

Of course, it is a risk in terms of pricing, given SNF’s size. However, it looks like the market size of 1 lakh tonnes and 1.2 lakh tonnes seems to cover poly solids and liquids for these players. In acrylamide, the company seems to be exporting 45% of its production, so I don’t know if there is a material risk on acrylamide side.

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