For wool scourers, by-products like wool grease
have become important to the bottom line, and in the financial year to March 2003, Lanolin Trading exported around 15,000 drums of wool grease
to seven countries, generating between $5m and $10m in revenue, of which 96 percent was exported.
EUROPEAN UNION MARKET FOR WOOL GREASE
AND FATTY SUBSTANCES DERIVED THEREFROM, INCLUDING LANOLIN (2006-2010)
As for traded Albanian wool products, EU duties would be scrapped for wool grease
(and derived fatty substances such as lanolin), but not other wool lines.
Its SIC equivalent codes are: 2015 - Poultry Slaughtering and Processing (egg processing); 2032 - Canned Specialties (canned puddings); 2034 - Dried and Dehydrated Fruits, Vegetables, and Soup Mixes (soup mixes made from purchased dehydrated ingredients); 2087 - Flavoring Extracts and Flavoring Syrups, NEC (powered drink mix); and 2099 - Food Preparations, NEC (except bouillon, marshmallow creme, spices, peanut butter, perishable prepared foods, tortillas, tea and tea extracts, dry dip mix, prepared dips, dry salad dressing mix, seasoning mix, dried potatoes, pasta, and rice mixed with other ingredients in mills or dehydrating plants, reducing maple sap to maple syrup, wool grease
, and vinegar).
Cavalier will essentially have a monopoly on the supply of wool scouring services and the supply of wool grease
, and will be able to raise its prices when the merger is completed.
At present, cholesterol is isolated and manufactured commercially from wool grease