Bernice M. and Stanley M. Ulanoff - Page 13




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          construction of the two machines was "nearly identical".                    
          Further, Grossman concluded that the recycled polystyrene                   
          produced by both machines would also be nearly identical.  In               
          Grossman's opinion, neither the Japan Repro recycler nor the                
          Sentinel EPS recycler represented "a serious effort at recycling"           
          because the end-product from both machines was not completely               
          devolatilized and required further processing.  It was also                 
          Grossman's opinion that an individual who seriously wanted to               
          recycle would not purchase either of these machines.                        
               Grossman's opinion regarding the Sentinel EPE recycler was             
          based on the descriptions of such recycler as set forth in the              
          writings of other professionals.  Grossman neither tested nor               
          examined the Sentinel EPE recycler.                                         
               Finally, Grossman reported on the relationship between the             
          plastics industry and the petrochemical industry.  Grossman noted           
          that although the development of the petrochemical industry is a            
          contributing factor in the growth of the plastics industry, the             
          two industries have a "remarkable degree of independence".                  
          Grossman observed that the "oil crisis" in 1973 triggered "dire"            
          predictions about the future of plastics that had not been                  
          fulfilled in 1981.  Grossman stated that the cost of a plastic              
          product depends, in large part, on technology and the price of              
          alternative materials.  Grossman's studies concluded that a 300-            
          percent increase in oil prices results in a 30-40 percent                   
          increase in the cost of plastic.                                            



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