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richbob

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richbob

Re: JRG19 post# 5734

Friday, 06/10/2016 3:28:36 PM

Friday, June 10, 2016 3:28:36 PM

Post# of 6407
The Arkenol process has been semi-commercially tested in Japan a few years ago( see BFRE website). Full commercial production viability is the initial purpose of the Fulton plant, followed by many other plants in both China and the USA, assuming the process works good. Its economics should be favorable vs. ethanol produced from corn, given the low or no cost of cellulosic waste materials.

All that BFRE needs of the total $300M is around $30M, since the Chinese EXIM Bank has committed to lending $270M.
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