Where did you get that formula from?I don't want to presume to answer for Ritmoman, but the link below to TNT publishes many recipes, all with that amount of alcohol or more. I recall a previous thread here also where high alcohol content was implicated as a vinyl destroying agent, and in the same thread someone refuted the argument.
http://www.tnt-audio.com/clinica/fluids.html
So, I don't know what the scientifically authoritative position is, but as usual it seems audiophiles can't agree.