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18. RESEARCH AND DEVELOPMENT EXPENSES
12 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
18. RESEARCH AND DEVELOPMENT EXPENSES

The total research and development expenses recognized in the income statements during the years ended December 31, 2014 and 2013 were $134,292 and $140,445, respectively, of which the consumption of bromine produced by the company amounted to $34,677 and $36,158, respectively.