19 unchanged sentences
We produce a wide range of granules and powders used to enhance agricultural and horticultural products.
−Removed: Our mineral-based absorbent products serve as chemical carriers, drying agents, and growing media.
+Added: Our mineral-based absorbent products serve as carriers for biological and chemical active ingredients, drying agents, and growing media.
Our brands include:
−Removed: Agsorb, an agricultural and horticultural chemical carrier and drying agent;
−Removed: Verge, an engineered granule chemical carrier;
−Removed: Flo-Fre, a highly absorbent microgranule flowability aid;
−Removed: and Terra-Green, a growing media supplement.
−Removed: Agsorb and Verge carriers are used in products that are alternatives to chemical sprays.
−Removed: The clay granules absorb active ingredients and are then delivered directly into, or on top of, the ground providing a more precise application than chemical sprays.
+Added: Agsorb, an agricultural and horticultural carrier and drying agent;
+Added: Verge, an engineered granule used as a carrier and drying agent;
+Added: and Flo-Fre, a highly absorbent microgranule used as a flowability aid.
+Added: Agsorb and Verge carriers are used in products that are alternatives to liquid sprays.
+Added: These products are sold for lawn and garden and row crop applications.
+Added: The clay granules absorb active ingredients and are then delivered directly into, or on top of, the ground providing a more precise application than liquid sprays.
Verge carriers are spherical, uniform-sized granules with very low dust.
Agsorb drying agent is blended into fertilizer-pesticide blends applied to absorb moisture and improve flowability.
−Removed: Agsorb is also used as a flowability aid for fertilizers and chemicals in the lawn and garden market.
Flo-Fre microgranules are used by grain processors and other large handlers of bulk products to soak up excess moisture, which prevents caking.
3 unchanged sentences
For example, our products provide a number of solutions to health challenges of swine, poultry and dairy cattle.
−Removed: Our Calibrin and ConditionAde products are used in animal feed to help animals defend against a broad spectrum of biotoxins.
−Removed: Our Varium product promotes intestinal health in poultry.
+Added: Our Calibrin products are used in animal feed to help animals defend against a broad spectrum of biotoxins.
+Added: Our Varium and Neoprime products promote intestinal health in poultry and swine, respectively.
Our MD-09 moisture manager product is another feed additive for the reduction of wet droppings in poultry.
In addition, our Pel-Unite and Pel-Unite Plus products are specialized animal feed pellet binders.
−Removed: Our animal health and nutrition products are sold primarily through a network of distributors to livestock producers, feed mill operators, nutritionists and veterinarians in the United States, Latin America, Africa, the Middle East and Asia.
+Added: Our animal health and nutrition products are sold both directly and through a network of distributors to livestock producers, feed mill operators, nutritionists and veterinarians in the United States, Latin America, Africa, Mexico, the Middle East and Asia.
The sales force for our subsidiary located in Shenzhen, China also sells these products, as further described in Foreign Operations below.
8 unchanged sentences
Cat Litter Products
−Removed: We produce two types of mineral-based cat litter products, scoopable and traditional coarse non-clumping litters, both of which have absorbent and odor controlling characteristics.
+Added: We produce two types of mineral-based cat litter products, scoopable and coarse non-clumping litters, both of which have absorbent and odor controlling characteristics.
Scoopable litters have the additional characteristic of clumping when exposed to moisture, allowing the consumer to selectively dispose of the used portion of the litter.
3 unchanged sentences
Our scoopable and non-clumping litters are sold under our Cat’s Pride and Jonny Cat brand names.
−Removed: Our Cat's Pride Fresh & Light litters created the lightweight segment of the scoopable litter market.
+Added: Our Cat's Pride litters created the lightweight segment of the scoopable litter market.
In addition, we offer our non-clumping litter in a pre-packaged, disposable tray under the Cat’s Pride KatKit and Jonny Cat brands.
5 unchanged sentences
Co-packaged products.
−Removed: We have two long-term supply arrangements (one of which is material to our business) under which we manufacture branded non-clumping litters for other marketers.
−Removed: Under these co-manufacturing relationships, the marketer controls all aspects of sales, marketing, and distribution, as well as the odor control formula, and we are responsible for manufacturing.
−Removed: The long-term supply agreement that is material to our business is with Clorox, under which we have the exclusive right to supply Clorox’s requirements for Fresh Step coarse cat litter up to certain levels.
+Added: We have a long-term supply arrangement with Clorox (which is material to our business) under which we manufacture branded non-clumping litters.
+Added: Under this co-manufacturing relationship, the marketer controls all aspects of sales, marketing, and distribution, as well as the odor control formula, and we are responsible for manufacturing.
+Added: Under the long-term supply agreement with Clorox we have the exclusive right to supply Clorox’s requirements for Fresh Step coarse cat litter up to certain levels.
Industrial and Automotive Products
−Removed: We manufacture and/or sell products made from clay, polypropylene and recycled cotton materials that absorb oil, acid, paint, ink, water and other liquids.
+Added: We manufacture and/or sell products made from clay, polypropylene and recycled materials that absorb oil, acid, paint, ink, water and other liquids.
These products have industrial, automotive and home applications.
1 unchanged sentence
These floor absorbents are also used in automotive repair facilities, car dealerships and other industrial applications, as well as for home use in garages and driveways.
−Removed: Our Oil-Dri branded polypropylene-based and cotton-based products are sold in various forms, such as pads, rolls, socks, booms and spill kits.
+Added: Our Oil-Dri branded polypropylene-based and recycled products are sold in various forms, such as pads, rolls, socks, booms and spill kits.
Industrial and automotive sorbent products are sold through distribution networks that includes industrial, auto parts, safety, sanitary supply, chemical and paper distributors.
7 unchanged sentences
Sports products are used at all levels of play, including professional, college and high school and on municipal fields.
−Removed: These products are sold through a network of distributors specializing in sports turf products.
+Added: These products are sold through distributors of sport turf materials as well as to sports field product users.
B USINESS S EGMENTS
1 unchanged sentence
Retail and Wholesale Products Group and Business to Business Products Group.
−Removed: The Retail and Wholesale Products Group customers include mass merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, direct customers through e-commerce, distributors of industrial cleanup and automotive products, environmental service companies and sports field product users.
−Removed: The Business to Business Products Group customers include:
−Removed: processors and refiners of edible oils, petroleum-based oils and biodiesel fuel;
+Added: The Retail and Wholesale Products Group customers include mass merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, direct customers through e-commerce, distributors of industrial cleanup and automotive products, environmental service companies and users of sports field products and sports turf materials.
+Added: The Business to Business Products Group customers include processors and refiners of edible oils, petroleum-based oils and biodiesel fuel;
manufacturers of animal feed and agricultural chemicals;
13 unchanged sentences
Our wholly-owned subsidiary, Oil-Dri SARL, is a Swiss company that performs various management, customer service and administrative functions for some of the international customers of our domestic operations.
−Removed: We own a 52% interest in a distributor in Mexico.
−Removed: This distributor sells, among other products, our animal health and nutrition products.
−Removed: In December 2018, a new wholly-owned subsidiary in Indonesia started operations to distribute our animal health and nutrition products.
−Removed: Neither of these subsidiaries meet the definition of a significant subsidiary.
+Added: We own a 78.4% interest in a distributor in Mexico, Agromex Importaciones, S.A de C.V.
+Added: This distributor sells, among other products, our animal health and nutrition products and swine feeding equipment and swine fertilization supplies.
+Added: In December 2018, a new wholly-owned subsidiary in Indonesia, PT Amlan Perdagangan Internasional, started operations to distribute our animal health and nutrition products.
Our foreign operations are subject to the normal risks of doing business in non-U.S.
14 unchanged sentences
These competitors may be able to spend more aggressively on advertising and promotional activities, introduce competing products more quickly and respond more effectively to changing business and economic conditions than us.
−Removed: We have four principal competitors in our Retail and Wholesale Products Group, including one which is also our customer.
−Removed: The overall cat litter market has been relatively stable in recent years.
+Added: We have six principal competitors in our Retail and Wholesale Products Group, including one which is also our customer.
+Added: The overall cat litter market has grown in recent years.
The overwhelming majority of all cat litter is mineral based, including both scoopable and coarse non-clumping litters.
14 unchanged sentences
Our patents are highly important to our business and we vigorously protect them from apparent infringement, although no single patent is considered material to the business as a whole.
−Removed: See Item 3 “ Legal Proceedings ” for more information about specific legal matters related to our patents.
+Added: The risks associated with our patents (and intellectual property, generally), are discussed in Item 1A, Risk Factors.
As of July 31, 2020 and 2019 , the value of our backlog of orders were approximately $15,692,000 and $11,680,000, respectively.
56 unchanged sentences
We monitor gas market trends and we may contract for a portion of our anticipated fuel needs using forward purchase contracts to mitigate the volatility of our kiln fuel prices.
−Removed: All such contracts are related to the normal course of business and no contracts are entered into for speculative purposes;
−Removed: therefore, they do not qualify as hedges for financial reporting.
+Added: We do not have any forward purchase contracts as of the fiscal year ended July 31, 2020.
R ESEARCH AND D EVELOPMENT
1 unchanged sentence
The facility includes a pilot plant that simulates the production processes of our customers and our manufacturing plants.
−Removed: We expanded our microbiology lab dedicated to development of our animal health products in fiscal year 2019.
+Added: In fiscal year 2019 we opened a new microbiology lab within walking distance of our existing research and development center that is dedicated to the development of our animal health products.
Our staff (and various consultants they engage from time to time) have experience in disciplines such as biology, microbiology, chemistry, physics, mathematics, geological and earth science, material science, geochemistry, physical catalysis, animal nutrition, animal science, oncological nutrition and transitional medicine.
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.