Carrageenan carrageenan were estimated at $640 million. The largest producer of industrial carrageenan was the Philippines, where cultivated seaweed produces about 80% of the world supply, while China is the main exporter to global markets in the US and Europe. The most commonly used sources are "E. cottonii" ("Kappaphycus alvarezii", "K. striatum") and "E. spinosum" ("Eucheuma denticulatum"), which together provide about three-quarters of the world production. These grow from the sea surface to a depth of about 2 metres. The seaweed is normally grown on nylon lines strung between bamboo floats, and it is harvested after three months or so, when
What Is This? following week. The group decided to change their name to the Red Hot Chili Peppers, played several more shows at various L.A. clubs and musical venues, and eventually recorded a demo tape, all while Slovak and Irons were still playing with What Is This?. A few months later, What Is This received a record deal with MCA Records and the Red Hot Chili Peppers received a joint deal with EMI America and Enigma Records. Hillel Slovak and Jack Irons decided to leave the Red Hot Chili Peppers and stay with What Is This? as the latter was their primary musical