This may lead investors believe that Solv-Ex has the potential to successfully produce and market a titanium dioxide substitute product. This is not true. Solv-Ex has absolutely no ability to produce either titanium dioxide or its alleged substitute. There exists no evidence that any quantity of TiO2S can be produced at any cost. In fact, Solv-Ex has not even produced sufficient material to conduct a single production trial.
Titanium dioxide is an extremely important ingredient in paper manufacturing.
It is a highly specialized product. No substitute for titanium dioxide exists. Raisio does not manufacture, or even distribute, any titanium dioxide or titanium dioxide substitute product. Raisio has stated that it has no interest in manufacturing, or investing in the manufacturing, of Solv-Ex's alleged titanium dioxide substitute. Solv-Ex was introduced to Raisio by Mr. George Iomedes.