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Re: Monroe1 post# 5823

Tuesday, 11/08/2016 4:49:46 PM

Tuesday, November 08, 2016 4:49:46 PM

Post# of 6407
Yes, I suspect they are near a decision on whether or not to keep going, depending on how close they are to getting the last 10% of their plant construction/start-up costs. If the Chinese are no longer looking promising for that ( the CTG Corp. probably needs proof of this being a viable process via the Fulton plant, before they will invest in their own plants), I would hope that Bluefire may even look to US ethanol users to participate in that last bit of financing.

I really believe the Bluefire cellulosic ethanol process, using concentrated acid hydrolysis, is more efficient than other enzyme-based processes now being used, and struggling with their economic results. It is really important that this process gets a chance to prove itself out in a full-scale plant. Fulton will use waste products from the timber industry, which is readily available.

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